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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
First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?
The latest price moves in crypto markets in context for March 1, 2024.
Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says
Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.
Bitcoin Is Hitting All-Time Highs Around the World
The U.S. economy and its dollar has enjoyed relative strength over the past few years.
Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record
BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.
First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges
The latest price moves in crypto markets in context for Feb. 29, 2024.
Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show
The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.
Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes
The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.
