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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
Protocol Village: Delphi Ventures Leads $6M Investment Into Gunzilla Games, Becomes Project's Largest Validator
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 12-18.
ICP-Based Bitcoin Token 'ckBTC' Will Bridge to Cosmos Through Osmosis
Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos
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Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
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The Hemi Network testnet is now live, with a mainnet launch planned for the fourth quarter.
First Mover Americas: Bitcoin Price Drops Below $60K Ahead of Expected Fed Rate Cut
The latest price moves in crypto markets in context for Sept. 18, 2024.
Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.
Bitcoin Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut
Traders betting on Fed fund contracts are pricing in a 65% implied probability of rates cut to a 4.5-5% range. PLUS: Circle announces partnership with Polymarket
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi
His donation is the first bitcoin gift that the college has received, and will fund new business programs.
First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut
The latest price moves in crypto markets in context for Sept. 17, 2024.
