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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
First Mover Americas: BTC, ETH Drop Amid Geopolitical Tensions
The latest price moves in crypto markets in context for Aug. 2, 2022.
Bitcoin Brokerage River Financial Drops Fees for Recurring Trades
Crypto-exchange Binance also recently announced zero-fee bitcoin trades on its platform.
Bitcoin, Ether Slump as US House Speaker Pelosi's Taiwan Trip Weakens Risk Sentiment
"There will be serious consequences if Pelosi visits Taiwan," China's foreign ministry spokesperson said on Monday. But geopolitical tensions are hard to predict and often trigger knee-jerk reactions in risk assets.
First Mover Asia: Was the Metaverse All Just a Dream?
Bitcoin has fallen for four straight days, but the (small-ish) scope of the price decline offers a reminder of how listless digital-asset markets have suddenly become. Sam Reynolds totes up the losses on metaverse-related tokens.
Why the Crypto Industry Must Now Come to Its Own Defense
Cryptocurrency adversaries have used the decline in prices as an opportunity to ratchet up their criticism of digital assets.
Market Wrap: Bitcoin Starts the Month in Negative Territory
BTC gives back a bit of last week’s gain on reduced volume.
July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares
Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.
Bitcoin Closed July Above $23K, Best Month Since October
Bitcoin climbed nearly 20% in July and closed above $23,000, recording its best month since October even as fresh U.S. economic data showed the Federal Reserve’s preferred measure of inflation rose to a new 40-year high in June.
First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on Deribit
The latest price moves in crypto markets in context for Aug. 1, 2022.
Ether Flips Bitcoin in Options Market for the First Time
Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit's Luuk Strijers said.
