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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 Suffers Biggest Drop in Four Weeks, Nearing $40K
The 6.6% drop for the largest cryptocurrency was bitcoin’s steepest since Jan. 21.
Market Wrap: Cryptocurrencies Decline as Traders Position for Volatility
BTC declined by 7% over the past 24 hours, versus an 8% dip in ETH.
Are Heavy Russian Sanctions a Potential Bull Case Scenario for Bitcoin?
Analyst Don Kaufman says crypto is a way for Russia to navigate global penalties
Bitcoin Pullback Deepens; Minor Support at $38K-$40K
Sellers remain active at resistance levels, maintaining the short-term downtrend.
Warren Buffett and Charlie Munger Still Hate Crypto
The Berkshire boys have not invested in a crypto company, despite reports. But they can't avoid the industry forever.
Bitcoin Is a Bad Way to Fund the Ottawa Protest, and That's a Good Thing
Funding an illegal protest isn’t right in any currency, even if the government’s use of the Emergency Measures Act should worry all Canadians.
First Mover Americas: Bitcoin Slips Below $43K as Ukraine Shadows Financial Markets
The latest moves in crypto markets in context for Feb. 17, 2022.
Bitcoin’s Value Depends on Its Decentralization
Why the investment thesis for bitcoin is built on the network’s decentralization.
Why Bitcoin Is a Tool for Social Justice
Bitcoin offers immigrant, Black, Indigenous, LGBTQ+ and other communities the promise of a more equitable financial system.