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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
Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede
The Crypto Greed & Fear Index climbed to 30, its highest point since April.
Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags
Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.
Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol
The funds from a $4.2M seed round will be used to develop the Fedi mobile app built on top of Fedimint, a Bitcoin “community custody” protocol.
First Mover Americas: BTC Holds $22K and ETH Takes Center Stage Again
The latest price moves in crypto markets in context for July 19, 2022.
First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs
Bitcoin and major altcoins continued their late weekend rally; NFTs are an asset class where value has yet to be clearly defined.
Market Wrap: Bitcoin Sees Best Day in Over a Month
BTC climbed to $22,753, its highest level since mid-June.
Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Crypto Trading Volumes Tank; India’s Crypto Info Call to G20
Trading volumes plummet as crypto winter bites and investors hold onto Bitcoin. Venture Capital investment in crypto startups falls, but the number of deals done rises. India’s finance minister calls on G20 to share information on crypto. US lawmakers say crypto miners should disclose energy data. Apathy at home compels South Korea’s blockchain game developers to market games abroad. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
