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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
Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'
The author of "Burn Book" says argued that the cryptocurrency sector has been caught up in a "huge hype cycle" with a considerable amount of "scammery" involved.
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets, cryptos included.
First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
The latest price moves in crypto markets in context for April 25, 2024.
Stablecoins, U.S. Government Debt More Important Than Bitcoin ETF Inflows, Crypto Analysts Says
Potential de-inversion of the U.S. Treasury yield curve could weigh over the crypto market, one observer said.
'Buy Bitcoin' Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
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.
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.
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.
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.
