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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
Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst
An interest rate cut isn't likely on the table, but risk assets are doing just fine
Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the data is from 2021.
Craig Wright Blasts 'Experts' Who 'Cannot Verify Their Work' at Trial Over Satoshi Claims
On Tuesday, he once again faced questions about a public blog post he'd signed cryptographically to prove he was Bitcoin inventor Satoshi Nakamoto that experts have since debunked.
Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
The January CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
First Mover Americas: Bitcoin at $50K. What Next?
The latest price moves in crypto markets in context for Feb. 13, 2024.
Bitcoin Traders Scoop Up Options Bets at $65K and Higher
The bullish flow is reminiscent of the 2020-2021 bull market when traders consistently snapped up bitcoin calls at levels well above the going market rate.
Solana Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth
The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours.
Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.
