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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Venture Capital Investor Tim Draper: 'Bitcoin Got Me Going'
Venture Capital Investor Tim Draper: ‘Bitcoin Got Me Going’
Tim Draper, prominent venture capital investor and founder of Draper Fisher Jurvetson, discusses investing in bitcoin, the U.S. crypto regulatory landscape, journey to NFTs, s...
Venture Capital Investor Tim Draper: 'Bitcoin Got Me Going'

STX tops $3 even as bitcoin stagnates
Stacks Network’s STX Token Jumps 50% as Bitcoin Struggles Amid Seesawing Fed Rate-Hike Bets
Some believe Jack Dorsey’s exit at Twitter may be a reason for STX’s surge.
STX tops $3 even as bitcoin stagnates

(ATU Images/Getty Images)
First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises
The largest cryptocurrency by market capitalization saw three consecutive days of healthy gains end after Jerome Powell signaled that the U.S. Federal Reserve might accelerate...
(ATU Images/Getty Images)

Bitcoin Declined Below $58K; Support Between $53K-$55K
Bitcoin Declined Below $58K; Support Between $53K-$55K
Bitcoin buyers failed to sustain Monday’s price bounce, although support around $53,000-$55,000 could stabilize the current pullback. The cryptocurrency has been down about 2%...
Bitcoin Declined Below $58K; Support Between $53K-$55K

MicroStrategy CEO Michael Saylor: 'BTC Will Be a $100T Market Cap Asset'
MicroStrategy CEO Michael Saylor: ‘BTC Will Be a $100T Market Cap Asset’
MicroStrategy is the largest corporate owner of bitcoin, now holding 121,044 BTC worth about $3.6 billion at an average purchase price of roughly $29,534 each. CEO Michael Say...
MicroStrategy CEO Michael Saylor: 'BTC Will Be a $100T Market Cap Asset'

Altcoins rise (Soumyadip Sarkar, Unsplash)
Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise
Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.
Altcoins rise (Soumyadip Sarkar, Unsplash)

$10M Yacht for Sale, DOGE Accepted
$10M Yacht for Sale, DOGE Accepted
The owners of Italian-built Vianne, a 170-foot yacht, said prospective buyers would be able to buy the vessel with a 10% fiat deposit and the rest in crypto in bitcoin, ether,...
$10M Yacht for Sale, DOGE Accepted

Bitcoin four-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Declined Below $58K; Support Between $53K-$55K
The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.
Bitcoin four-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

What's Next as Bitcoin Recovers From Sell-Offs?
What’s Next as Bitcoin Recovers From Sell-Offs?
Bitcoin’s price momentum is starting to recover on the daily chart from last Friday, which saw its worst trading day since September. WisdomTree Head of Digital Assets Jason G...
What's Next as Bitcoin Recovers From Sell-Offs?

coronavirus vaccine (Pixabay)
Bitcoin Back on the Defensive as Moderna CEO Warns of Reduced Vaccine Efficacy, Exchange Inflows Eyed
Bitcoin slipped 2.5%, hitting lows of under $56,000, while the futures tied to the S&P 500 declined by 1.2%.
coronavirus vaccine (Pixabay)