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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
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show
Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. That's significantly lower than the 2020-21 bull run.
‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites Admit
From the Rockefeller Foundation to Donald Trump, critics who wrote Bitcoin autopsies are now examining their own heads.
'Bitcoin Is Going to Eat Gold': MicroStrategy’s Michael Saylor
MicroStrategy is the owner of 205,000 bitcoin worth nearly $15 billion at the current per token price of $72,000.
Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally
Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.
BRC-20 Creator Domo Addresses Thorny Governance Issues With New 'Lead Maintainer' Appointments
Governance on Bitcoin is often a thorny subject, as highlighted at the start of this year when Ordinals marketplace UniSat and Domo came into a potential conflict
Crypto Funds Weekly Inflows Surge to Record of $2.7B
The record annual inflow set in 2021 is likely to be reached next week.
Bitcoin’s Market Cap Jumps to $1.4T, Surpassing Silver
Bitcoin jumped to a record high on Monday, fuelled by continued positive momentum of the spot ETFs.
Donald Trump Sounds More Constructive on Bitcoin
Three years ago, the ex-president labeled bitcoin as a "scam."
