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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
Bitcoin Tumbles to $67K as Asia Begins Trading Day
Over $100 million in bitcoin long positions have been wiped out as the world's largest digital asset fell from $70K.
Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted earlier.
Justice James Mellor's Ruling on Craig Wright, COPA Trial, in His Own Words
The judge's remarks, as shared by the U.K. Judicial Office.
Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
U.S. economic data on Thursday has sent interest rates and the dollar higher.
Protocol Village: Fjord Foundry, a Token-Sale Platform, Raises $4.3M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.
Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010
The American stockbroker has repeatedly called bitcoin a “bubble” and said he still doesn’t believe in its long-term future.
Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says
"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.
Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
Bitcoin nearly doubled in price since late January, but a "counter move seems to be near," Swissblock analysts said.
Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
