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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
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.
ARK Invest Maintains Prediction Bitcoin Price Will Hit $1M by 2030
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class.
Bitcoin Could Be in the Later Stages of the Bear Market, On-Chain Data Suggests
Some analysts say that while overall market sentiment cannot be called bullish just yet, the recent price and on-chain data suggest that bitcoin could be in the later stages of a bear market.
Bitcoin Price Could Reach $45K by Christmas: Matrixport
When bitcoin’s performance is positive in January, the rally tends to continue through to the end of the year, the report said.
Bitcoin's Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market
The percentage of bitcoin UTXOs older than five years has surged in the past six months, indicating that some investors held on to their coin stash during the bear market.
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
While the DAO has yet to formally see the Lido proposal to allow withdrawals from stETH, Galaxy Digital has already been critical. The Lido governance token has fallen about 15% from its high last week week.
Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
Layer 1 blockchain Aptos’ native token surged over 387% this month, leading all cryptocurrencies for gains and dwarfing the performance of bitcoin and ether. Solana’s SOL token also rose.
Crypto Markets Today: Fed Preview, Bitcoin Holds Steady at $22.9K
Also: Metaverse tokens surged in January. Equities close higher.
Crypto Markets Analysis: Bitcoin, Ether Price Surge a Reversal From Darkest Days of 2022
Crypto markets have been displaying cautious optimism ahead of the Federal Reserve’s interest rate decision on Wednesday.
Strike Extends Bitcoin Lightning Network-Powered Remittances to Philippines
Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines to tap into the country’s remittance market, which is one of the world’s largest. "The Hash" hosts discuss what this means for the future of bitcoin payments and crypto's use case as a potential tool for financial freedom.
