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



Finance

Reddit Discloses Bitcoin and Ether Holdings in IPO Filing

The company also acquired ether and Polygon "as a form of payment for sales of certain virtual goods.”

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.” (Brett Jordan/Unsplash)

Consensus Magazine

How PubKey Revived Bitcoin Culture in New York City

NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.

PubKey’s Bitcoin shrine (PubKey)

Markets

Bitcoin ETF Price/Flow Correlation Is Declining: JPMorgan

The correlation reached as high as 0.84 in January, based on estimates from JPMorgan, but it has since slowed.

road through forest forking, seen from above

Tech

Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

Marathon will be the first publicly traded miner to offer such a service by utilizing its own mining pool.

Marathon Digital CEO Fred Thiel (CoinDesk)

Opinion

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.

(Maryna Yazbeck/Unsplash)

Finance

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.

(Shutterstock)

Markets

First Mover Americas: AI Mania Heats Up

The latest price moves in crypto markets in context for Feb. 22, 2024.

Top 10 Tokens 24HR Price Change ($1B> Market Cap) (Messari)

Policy

Bitcoin ETF Approval Comparable to 'Naked Emperor’s New Clothes,’ ECB Officials Say

The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since don't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.

European Central Bank building in Frankfurt, Germany. (Photo by Jeremy Moeller/Getty Images)

Markets

Bitcoin Could Hit $150K This Year, Says Fundstrat's Tom Lee

Lee took note of fresh demand via the new spot bitcoin ETFs, the halving and expected monetary policy easing as being catalysts for higher prices.

Bitcoin price on Feb. 21 (CoinDesk)

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