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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
What Bitcoiners Are Saying About the Upcoming Bitcoin Halving
Is the halving priced in or not? Will it disrupt the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth — and perhaps most anticipated — halving.
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted.
Bitcoin Miners Must Optimize to Survive
The bitcoin mining industry will likely consolidate following the halving as miners with access to more capital continue to expand their operations and improve their infrastructure, software and business contracts, Core Scientific CEO Adam Sullivan writes.
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
As always, rising prices bring forth boosted supply.
First Mover Americas: BTC Below $62.5K While Altcoins Wipe Gains
The latest price moves in crypto markets in context for April 16, 2024.
Bitcoin Could Surge to $120K on 'Doomsday Rally,' Trader Says
Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some analysts say.
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish
Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields.
