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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 Under Pressure, Lower Support at $30K-$35K
Momentum signals remain negative, indicating consistent selling pressure over the past month.
Bitcoin Falls Below $40K for First Time in 2 Weeks
Bitcoin's notorious volatility has upended what had been shaping up as a strong month for returns.
First Mover Americas: Bitcoin Nears $40K, Gaming Flips DeFi
The latest moves in crypto markets in context for Feb. 18, 2022.
Bitcoin Wilts as Russia-Ukraine Tensions Push Gold to 8-Month High
Bitcoin is acting more like high growth tech assets, one observer said.
First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions
Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.
Bitcoin Suffers Biggest Drop in Four Weeks, Nearing $40K
The 6.6% drop for the largest cryptocurrency was bitcoin’s steepest since Jan. 21.
