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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



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Singapore’s Responsible Crypto Aim; Okay Bears Storm the Charts

Bitcoin mining difficulty hits all-time high. MAS says Singapore wants to position itself as a “responsible crypto hub.” Okay Bears NFTs help Solana net $2 billion in sales. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Bitcoin Is Now Legal Tender in Central African Republic

CoinDesk's Nikhilesh De discusses the Central African Republic’s decision to adopt bitcoin as legal tender, following El Salvador as the second country to do so. De explains how currently the two nations’ economies are dependent on foreign powers, possibly driving them to digital assets as a means of self-sovereignty.

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ETF Trade Flows Dip as Bitcoin Drifts Between $37K-$45K

As Australia prepares for its first bitcoin exchange-traded funds, ETF traders are exiting the Canada-based 3iQ Coinshares bitcoin ETF while BTC trends between $37,000 and $45,000. Plus, a conversation about a noted compression in premiums as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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Bullish Uptick in BTC Price and Possible Short Squeeze Signals

CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis, noting bullish momentum and possible signs of an upcoming short squeeze. Plus, BTC put-call ratios and the current state of Bitcoin’s supply.

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THNDR CEO on Bitcoin Payments, Crypto Adoption, Lightning Network

Desiree Dickerson, CEO of THNDR, which builds mobile games where players can earn bitcoin paid out over Lightning, discusses bitcoin payment solutions and hurdles for mass BTC adoption. Plus, why she’s bullish on the Lightning Network.

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Study: 60% Of Salvadorans Quit Chivo Wallet After Receiving BTC Incentive

According to a report published by the U.S. National Bureau of Economic Research, only four out of 10 Salvadorans who downloaded the state-run bitcoin (BTC) wallet Chivo said they still use it after obtaining the $30 bitcoin incentive. “The Hash” group discusses the global narrative of bitcoin adoption and the political neutrality of its technology.

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Central African Republic Adopts Bitcoin as Legal Tender

The Central African Republic has passed a bill to establish a legal and regulatory framework for cryptocurrencies and make bitcoin legal tender alongside the existing CFA franc. “The Hash” group compares this announcement to El Salvador’s bitcoin adoption program and discusses the adoption of fintech technology in Africa. 

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