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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 Miner From Network’s Earliest Months Is Sending BTC to Kraken
The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.
First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut
The latest price moves in crypto markets in context for Sept. 24, 2024.
Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience
Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.
Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex
A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.
AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
Bitcoin Could Surge Thanks to Looser Financial Conditions
A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021.
First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week
The latest price moves in crypto markets in context for Sept. 23, 2024.
BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally, Bitwise Predicts
Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat
The CoinDesk 20 is beginning the week flat.
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points. Bitcoin’s market cap rose only 4.4%.
