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



Finance

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

The startup is one of the first to build tokenized tech for Bitcoin's Runes era.

bitcoin, money, virtual. (Leamsii/Pixabay)

Markets

The Key to Reviving Bitcoin Bull Run Is the U.S. Treasury’s Refunding Announcement

Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Stable Above $64K While ETF Outflows Hit $200M

The relationship between bitcoin's price and ETF outflows is weakening

(CoinDesk Indices)

Markets

Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'

The author of "Burn Book" says argued that the cryptocurrency sector has been caught up in a "huge hype cycle" with a considerable amount of "scammery" involved.

Kara Swisher (CoinDesk)

Markets

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets, cryptos included.

Bitcoin price on April 25 (CoinDesk)

Markets

First Mover Americas: Bitcoin Drops Below $64K, Ether Falls

The latest price moves in crypto markets in context for April 25, 2024.

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Markets

Stablecoins, U.S. Government Debt More Important Than Bitcoin ETF Inflows, Crypto Analysts Says

Potential de-inversion of the U.S. Treasury yield curve could weigh over the crypto market, one observer said.

(Kevin Ku/Unsplash)

Finance

'Buy Bitcoin' Sign Sold for Over $1M at Auction

Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.

Christian Langlais holds up a "Buy Bitcoin" sign behind Federal Reserve Chair Janet Yellen at a House Financial Services Committee hearing in July 2017. (C-Span)

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