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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
Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Crypto Buzzword
Financial stewards including the International Monetary Fund and Bank for International Settlements say tokenization is the future. They’re wrong.
Bitcoin Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year
The total digital asset inflows was $199 million, reversing nearly half of the previous nine consecutive weeks of outflows.
First Mover Americas: Bitcoin Retreats Slightly From 12-Month High
The latest price moves in crypto markets in context for June 26, 2023.
Bitcoin Futures Attract Biggest Bets Since Terra's Collapse
Open interest has surged to $11 billion to its highest level in over a year.
ProShares' Bitcoin Futures ETF Racks Up Biggest Weekly Inflow in a Year
Investors poured in $65 million to BITO in the past week, the data shows, breaking its previous 2023 high of just over $40 million in April.
First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."
Bitcoin, Ether on Track for Strongest Weekly Gains Since March
Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.
