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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
First Mover Americas: BTC Regains $60K Following Slide This Week
The latest price moves in crypto markets in context for Aug. 29, 2024.
Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.
Protocol Village: Sony-Backed Soneium Blockchain Launches Testnet, Peaq Powers Drone Network
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28.
Bitcoin Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood
Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.
Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan
Spot ether exchange-traded funds have seen net outflows of $500M since their launch, the report said.
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in crypto markets in context for Aug. 28, 2024.
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
