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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 Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark
Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.
Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates
The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.
Bitcoin Holds Support at $60K-$65K, Testing All-Time High
Upside momentum is improving after a two-week consolidation phase.
Crypto Fund Inflows YTD Significantly Higher Than Last Year
Total assets under management have also reached an all-time high of $80 billion.
Crypto Market Cap Tops $3T, Could Bitcoin's Dominance Rise Back to 70%?
Bitcoin's total market dominance has dropped to nearly 40% as altcoins rally. Could it return to exceeding 70% in the way it did earlier this year? Thomas Chippas, CEO of Chicago-based crypto exchange ErisX, discusses his crypto markets analysis and bullish price predictions for BTC.
Bitcoin Illiquid Supply at All-Time High
Bitcoin's illiquid supply is at an all-time high, with BTC holders hoarding over 14.5 million bitcoins. On-chain data shows bullish signs for bitcoin in the medium term. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Craig Wright Takes Stand in Bitcoin Trial With 1.1 Million BTC at Stake
Monday marks the fifth day of the civil trial between Craig Wright, a computer scientist best known for claiming to be the pseudonymous creator of Bitcoin, and the estate of Dave Kleiman, Wright's former collaborator and business partner. 1.1 million BTC is at stake, which could be worth over $67 billion. "The Hash" team discusses the latest in bitcoin's trial of the century.
BlockFi, Neuberger Berman File for Spot Bitcoin ETF
The BlockFi NB Bitcoin ETF would provide direct exposure to bitcoin, if approved.
FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High
As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.
Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide
The cryptocurrency may face some selling pressure around $70,000, one trader said.
