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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.
First Mover Americas: Bitcoin’s Bitfinex-Led Surge
The latest price moves in crypto markets in context for Feb. 27, 2024.
Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout
Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.
Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.
Bitcoin Tops $57K as Rally Picks Up Steam
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin
In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency.
Ether Tops Bitcoin as the Largest Crypto Asset for Institutions: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade