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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
Crypto Exchange Kraken Paid Dave Portnoy Bitcoin in Sponsorship Deal
The Barstool Sports chief wouldn't buy at BTC's current prices, but he's "always" willing to take it as payment. "I believe in it that much."
Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
First Mover Americas: Bitcoin Trades Below $65K Following Wednesday's Drop
The latest price moves in crypto markets in context for July 18, 2024.
Profit-Making Crypto Address Makes $16M Investment in BTC
The address has made $30 million in trading profits in the past 12 months, according to Lookonchain.
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.
Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project
StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get adopted.
'It's a Bitcoin Play': Mark Cuban Says Silicon Valley's Embrace of Trump Revolves Around Crypto
Cuban: "You can't align the stars any better for a BTC price acceleration."
Protocol Village: Arthur Hayes-Backed Maelstrom Pledges Grants for Open-Source Bitcoin Devs
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 11-17.
First Mover Americas: Bitcoin Bulls Eye $70K After Return to $66K
The latest price moves in crypto markets in context for July 17, 2024.
Deribit's New Bitcoin, Ether Options Tied to U.S. Elections Get Thumbs Up From Crypto Traders
Traders said these options will help define risk and protect capital from expected volatility in the lead-up to and following the binary event.
