Crypto Funds Draw $90M in New Money as Confidence Returns
Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.
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Oct 4, 2021 at 10:20 p.m. UTC
Oct 4, 2021
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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BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’
As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price predictio...
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Oct 4, 2021 at 10:04 p.m. UTC
Oct 4, 2021
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Crypto Funds Draw $90M in New Money as Confidence Returns
Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took...
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Oct 4, 2021 at 10:04 p.m. UTC
Oct 4, 2021
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Crypto News Roundup for Oct. 4, 2021
With the crypto markets taking a breather and a look at traditional coin tribalism, CoinDesk’s Markets Daily is back with the latest news roundup.
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Oct 4, 2021 at 3:33 p.m. UTC
Oct 4, 2021
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Is Bitcoin’s Rally Over?
Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower suppor...
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Oct 4, 2021 at 2:53 p.m. UTC
Oct 4, 2021
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Bitcoin Steady at $48K as OMG Token Hits 3-Year High
OMG’s exchange balance is at its lowest level since September 2018
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Oct 4, 2021 at 11:30 a.m. UTC
Oct 4, 2021
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Bitcoin Declines From $48K Resistance; Support at $45K
Short-term indicators show bitcoin is overbought.
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Oct 4, 2021 at 11:21 a.m. UTC
Oct 4, 2021
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Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight
Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.
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Oct 4, 2021 at 10:28 a.m. UTC
Oct 4, 2021
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It’s a Multi-Chain World, Bitcoin Just Dominates It
The original blockchain still reigns, but neither Bitcoin nor its closest competitor, Ethereum, can count on becoming the only game in town any time soon.
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Oct 3, 2021 at 3:50 p.m. UTC
Oct 3, 2021
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Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation
Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.
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Oct 1, 2021 at 9:25 p.m. UTC
Oct 1, 2021