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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
If Crypto Is the Future, Advisors Need to Embrace It Now
Amazon stock was a risky proposition in the 2000s. Crypto is arguably at a similar point.
DeSantis and the Growing Culture War Around Bitcoin
CoinDesk’s story this week about a fight over a bitcoin mining facility in Upstate New York reveals how cryptocurrency issues are quickly becoming politicized in familiar ways.
Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
Bitcoin’s quickly maturing ordinals scene has come a long way since January.
First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?
The latest price moves in crypto markets in context for May 25, 2023.
Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama
The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.
Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections
Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.
Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis
Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.
First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties
ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.
