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

Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report

The move may bring fresh energy and capital into the spot ETFs.

Morgan Stanley (Shutterstock)

Tech

OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a 'BIP Number'

This marks the first step towards reintroducing functionality removed from Bitcoin by creator Satoshi Nakamoto in 2010.

Screenshot of "Quantum Cats" collection from the project's website. (Quantum Cats/Taproot Wizards)

Tech

Protocol Village: Alchemy Launches 'Pipelines' to Streamline How Blockchain Engineers Extract Data

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Finance

Jack Dorsey’s Block Is Building a Bitcoin Mining System

The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Tech

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Finance

Bitcoin Payments App Strike Launches for European Customers

The app, which has been available in the U.S. since 2020, also recently expanded its services to Africa.

Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)

Markets

First Mover Americas: Hedera's HBAR Soars on Mistaken BlackRock Link

The latest price moves in crypto markets in context for April 24, 2024.

cd

Markets

Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally

Some banks, however, foresee a continued dollar strength on the back of divergent interest rate expectations and the threat of U.S. tariffs.

(engin akyurt/Unsplash)

Markets

Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving

Investors are still gauging macroeconomic factors, one observer said.

(CoinDesk Indices)

Pageof 834