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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
Will Bitcoin’s New BIP Editors Streamline Development?
Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals.
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in crypto markets in context for April 23, 2024.
Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
The 200-day simple moving average is one of the most widely tracked indicators of bitcoin's long-term trend.
Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
The upgrade seeks to solve congestion issues, and will officially launch in May.
How the Bitcoin Halving Will Drive Action to Layer 2s
Increasing on-chain use of the network are driving up fees.
