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



Tech

Bitcoin Debate on Looser Data Limits Brings to Mind the Divisive Ordinals Controversy

Removing the blockchain's OP_RETURN size controls would allow more data to be embedded in transactions. Critics say this will only be used for spam.

Three people, including Peter Todd, sit at a panel discussion.

Finance

Bitcoin May Evolve Into Low-Beta Equity Play Reflexively, BlackRock's Mitchnik Says

"It makes no fundamental sense, and yet when it's repeated enough, it can actually become a little self-fulfilling,” Mitchnik said.

(Shutterstock)

Markets

Bitcoin Edges Above $95K, U.S. Stocks Remain Strong as Analyst Warns of 'Blind' Market

Secretary of Commerce Howard Lutnick announced that the White House was finalizing a trade deal with an unnamed country.

The recent market downturn has made regulating crypto "politically possible." (Best Backgrounds/Shutterstock)

Finance

How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

Monero rose by 45% after a flurry of spot buys, but open interest increased by 107%.

Hacker working on two laptops (Azamat E/Unsplash)

Finance

A Vanishing $212M Bitcoin Order Caused Chaos for Traders. Is Spoofing Back in Crypto?

Despite increased scrutiny, spoofing remains a challenge in crypto, highlighting the need for better surveillance and stricter regulations.

A curious case of $212 million vanishing bitcoin order. (Getty Images)

Markets

$2B Bitcoin-Staking Protocol Solv Unveils First Shariah-Compliant BTC Yield Offering in the Middle East

The product allows BTC holders to earn yields while adhering to Islamic finance principles, expanding opportunities for investors in the Middle East.

UAE, Dubai

Markets

BlackRock’s IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion

CME Bitcoin Futures open interest falls for four straight days, according to CME data.

BlackRock headquarters (Shutterstock)

Markets

Viant Technology Could Benefit From Buying Bitcoin, Eric Semler Says

The Semler Scientific chairman flagged the ad tech firm as ripe for a bitcoin treasury strategy amid stock struggles and cash stockpile.

A fire-destroyed, dead forest of leafless trees (Sergey Nikolaev/Unsplash)

Markets

Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions

The Dallas Fed Manufacturing Index plunged to its lowest level since the COVID pandemic closed the economy.

Chart pointing upwards.(Frank Busch/Unsplash)

Markets

Bitcoin to Hit New All-Time High Around $120K in Q2, Standard Chartered Says

Strategic allocation away from U.S. assets is likely to be the catalyst for move to a new record.

Standard Chartered, majority owner of Zodia Custody. (Shutterstock)

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