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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 Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.
Former Bitcoin Dev Peter Todd Denies He's Satoshi Hours Before HBO Documentary Airs
"Of course I'm not Satoshi," Todd told CoinDesk Tuesday, saying that filmmaker Cullen Hoback was "grasping at straws."
Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted
The round, known as "Cap-2," allowed users to add staking deposits to the platform for over the course of about 10 Bitcoin blocks on Tuesday.
Bitcoin Protocol Babylon Hours Away From Opening 'Duration-Based' Staking Round
The round, known as "Cap-2," will kick off at some time around 18:30 UTC, lasting for about one hour and 40 minutes thereafter
Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?
Investors rewarded mining companies that've diversified into AI and high-performance computing.
Bitcoin Price Up 40% YTD, but Gold Wins on Risk-Adjusted Returns
Gold has a significantly higher volatility ratio than bitcoin in 2024, according to analysis by Goldman Sachs.
First Mover Americas: Bitcoin Drops as China's Stimulus Plans Disappoint
The latest price moves in crypto markets in context for Oct. 8, 2024.
U.S. Election 2024: Bitcoin and S&P 500 Options Diverge, Hinting at Major Market Moves
"Either the strong positive correlation between BTC and the S&P 500 is about to break and flip negative, or one of these markets is mispriced. The excitement lies in the uncertainty."
Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans
The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.
MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average
NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.
