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



Tech

Protocol Village: Mysten Labs, Developer Behind Sui Blockchain, Claims to Achieve 'Linear Scaling'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 14-March 20.

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

Markets

Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars

Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.

Bitcoin price on March 20 (CoinDesk)

Tech

The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins

There's no slowdown in blockchain news, with Ethereum's Dencun upgrade in the rear view mirror and Bitcoin's halving now just over three weeks away. We spoke with Solana's Anatoly Yakovenko about the meme coin frenzy stressing the suddenly-active blockchain.

(Jairph/Unsplash)

Markets

Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Tech

Bitcoin's Halving May Be Here Sooner Than You Know (Again)

Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 19 or 20th, depending on time zone. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.

Countdown (anncapictures/Pixabay)

Markets

First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse

The latest price moves in crypto markets in context for March 20, 2024.

bitcoin price. FMA lead image March 20, 2024

Markets

Bitcoin Climbs Above $63K, Crypto Longs Take On $600M in Liquidations

The broad-based CoinDesk 20, an index of various major tokens minus stablecoins, was little changed over the past 24 hours with losses of just 0.34%.

Person climbing up a waterfall

Markets

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse

Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show.

BTC fell 8.3% on Tuesday. (TradingView)

Opinion

The Bitcoin Halving Really Is Different This Time

Four ways this April’s big event will be unprecedented.

image of someone splitting a log vertically in half with a long-handled ax

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