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
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It's the highest price since the day after the new spot ETFs opened for trade.
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The latest price moves in crypto markets in context for Feb. 8, 2024.
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The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7.
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Continuing advances for U.S. stock markets also likely supported risk assets like crypto, with key indices making new all-time highs.
First Mover Americas: BlackRock’s ETF Demand Ranks Among Top 5
The latest price moves in crypto markets in context for Feb. 7, 2024.
Taproot Wizards' New Bitcoin NFTs Already Trading at Twice the Initial Sale Price
Even after a weeklong minting process marred by technical issues, the Quantum Cats digital images were going for more than $10,000 each on the NFT marketplace Magic Eden, on their first day of secondary trading.
Craig Wright Denies Forging Evidence He’s Satoshi on Day 2 of COPA Trial
From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case.
