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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
Fed's Powell Set to Remove Punch Bowl That Lubricated Crypto Party
The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" might be out of action, one economist said.
First Mover Americas: Ether-Bitcoin Volatility Spread Slides, Bitfinex Shorts Surge
The latest moves in crypto markets in context for March 11, 2022.
Bitcoin Jumps to $40K as Putin Sees Positive Shift in Ukraine Talks
European equity benchmarks and U.S. index futures extended gains while major cryptocurrencies jumped as much as 7.6%.
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.
OKCoin and Stacks Pledge $165M to Lead the Bitcoin ‘Renaissance’
Joining “All About Bitcoin” is OKCoin Head of Listings & Community Alex Chizhik and Stacks Accelerator Partner Kyle Ellicott to discuss the “Bitcoin Odyssey,” a $165 million pledge for developing new projects on the Stacks network, with hopes to expand the bitcoin ecosystem.
Bitcoin Returns to Range Below $40K; Support at $35K-$37K
Don Kaufman, TheoTrade co-founder, joins “All About Bitcoin” to share his bitcoin price analysis as macro factors cause volatility in the markets all through the globe. While providing insights on BTC's price action, Kaufman explains how economic instability and fear can influence the price of oil and other assets.
How Bitcoin Is Being Adopted Faster Than the Internet in the 2000s
In today’s Chart of the Day segment, Christine Lee pays homage to Bitcoin on-chain analyst Will Woo by presenting a chart he published last year illustrating bitcoin's adoption rate outpacing that of the internet in the early 2000s. Plus, a look into BTC’s short-term trading range amid negotiations between Russia and Ukraine.
Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure
BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.
OKCoin and Stacks Pledge $165M to Support Bitcoin-Related Projects
Cryptocurrency exchange OKCoin has pledged $165 million for an initiative called “Bitcoin Odyssey” which will work in conjunction with the Stacks Accelerator and Stacks Foundation to promote bitcoin-adjacent projects on the Stacks network. “The Hash” discusses the significance of bringing new aspects like smart contract functionality to the bitcoin blockchain since it is the most widely used decentralized network.