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

Markets

Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein

Crypto ETFs could see over $100 billion of inflows in the next two years, the report said.

By Will CannyMay 28, 2024

Scrabble tiles spelling out "ETF GROWTH"

Policy

One-Third of U.S. Voters Say They'll Weigh Candidates' Crypto Views Before Voting: Poll

A Harris Poll glimpse of voters' crypto views – paid for by bitcoin ETF issuer Grayscale – shows increasing interest, and 77% think a U.S. presidential candidate should know crypto.

By Jesse HamiltonMay 28, 2024