Bitcoin

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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


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(Midjourney/CoinDesk)
First Mover Americas: Bitcoin Due for Big Move, Solana's TVL Tanks After Mango Exploit
The latest price moves in crypto markets in context for Oct. 12, 2022.
(Midjourney/CoinDesk)

Bitcoin traders will soon get the one thing they love the most: market volatility. (Erad/Pixabay)
Bitcoin Technical Indicator Signals Big Moves With Some Traders Getting Ready to 'Sell Volatility'
Options look pricier, one expert said, adding now is the time to sell volatility.
Bitcoin traders will soon get the one thing they love the most: market volatility. (Erad/Pixabay)

Bitcoin's price has been in the doldrums. (Pixabay)
First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat
Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.
Bitcoin's price has been in the doldrums. (Pixabay)

Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)
Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes
The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.
Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)

The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)
South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents of Mossel Bay on bitcoin, finance and other subjects.
The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)

Bitcoin Holding Steady Amid Heightened Market Volatility
Bitcoin Holding Steady Amid Heightened Market Volatility
Bitcoin (BTC) is holding remarkably steady amid heightened volatility in nearly every traditional market asset, including U.S. government bonds, which are widely regarded as t...
Bitcoin Holding Steady Amid Heightened Market Volatility

(Midjourney/CoinDesk)
Bitcoin Recovers $19K Though Inflation Fears Haunt Market
The largest cryptocurrency's price had slipped earlier Tuesday to its lowest in almost two weeks, but the market recovered as U.S. stocks rebounded.
(Midjourney/CoinDesk)

Bitcoin investors take bets offering downside protection (Pixabay)
Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection
Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.
Bitcoin investors take bets offering downside protection (Pixabay)

(Jackson Simmer/Unsplash, modified by CoinDesk)
Bitcoin: Breaking Up Money and State
Bitcoin will gradually force governments to give up control over money, in what would be the largest cultural-political shift since the separation of church and state.
(Jackson Simmer/Unsplash, modified by CoinDesk)

TikTok star Charli D’Amelio promoting Step. (Step)
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
The app also launched a crypto trading feature, starting with bitcoin
TikTok star Charli D’Amelio promoting Step. (Step)