Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives ra
ther than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm. #US_Inflation_Easing_Alert
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Stay tuned. Today’s Bitcoin gains followed three consecutive days of inflows into U.S.-based Bitcoin ETFs, indicating a resurgence of risk appetite following a week-long streak of outflows.
As of June 27, these Bitcoin ETFs had $14.44 billion worth of assets under management, bouncing from the low of $14.383 billion established three days ago. However, at their peak on June 6, these funds were holding $15.68 billion. Today’s Bitcoin gains followed three consecutive days of inflows into U.S.-based Bitcoin ETFs, indicating a resurgence of risk appetite following a week-long streak of outflows.
As of June 27, these
ts under management, bouncing from the low of $14.383 billion established three days ago.$BTC $SOL $BTC