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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
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
Bitcoin's Halving May Be Here Sooner Than You Know (Again)
Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 19 or 20th, depending on time zone. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
The latest price moves in crypto markets in context for March 20, 2024.
Bitcoin Climbs Above $63K, Crypto Longs Take On $600M in Liquidations
The broad-based CoinDesk 20, an index of various major tokens minus stablecoins, was little changed over the past 24 hours with losses of just 0.34%.
Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show.
The Bitcoin Halving Really Is Different This Time
Four ways this April’s big event will be unprecedented.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.
Michael Saylor's MicroStrategy Acquired Another 9,245 BTC for $623M
The company now holds approximately 214,246 bitcoins, which is more than 1% of all the 21 million of the tokens that will ever exist
First Mover Americas: Bitcoin Slumps, Liquidations Surge
The latest price moves in crypto markets in context for March 19, 2024.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
