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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
Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs
Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.
U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan
The aggregate market cap of 14 tracked bitcoin miners listed in the U.S. rose 29% since the end of June, the report noted.
First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC
The latest price moves in crypto markets in context for July 16, 2024.
Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to other factors such as the lack of staking, the report said.
Ether Hedging Activity Picks Up as U.S. ETF Debut Nears
Investors' focus on ether is evident from ETH's sustained volatility premium over BTC.
Crypto Casino Founder Apologizes for Gambling Away Investor Funds
Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.
First Mover Americas: Bitcoin Rises Above $62.5K Following Trump Shooting
The latest price moves in crypto markets in context for July 15, 2024.
First Mover Americas: BTC Retreats From $60K
The latest price moves in crypto markets in context for July 12, 2024.
