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



Markets

Bitcoin's Price Rally May Add to Inflation. Here's Why

The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.

(stevepb/Pixabay)

Finance

Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets

As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bitcoin Tops $68K, Nearing Silver's $1.38T Market Cap

Ether also hit a new milestone, recording its highest price since January 2022.

Bitcoin price on March 4 (CoinDesk)

Opinion

What Happens if Bitcoin Reaches an All-Time High?

What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.

How high can bitcoin go? (NASA)

Markets

Bitcoin Price Action Will 'Astonish' This Week: Analyst

The cryptocurrency hit an all-time high against the euro on Monday and is nearing a record in U.S. dollar terms.

(David Mark/Pixabay)

Markets

First Mover Americas: Bitcoin Surpasses $65K, Meme Tokens Rally

The latest price moves in crypto markets in context for March 4, 2024.

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Markets

Crypto Stocks Surge as Bitcoin Approaches All-Time Highs

Bitcoin topped $65,000 for the first time since November 2021 on Monday

16:9 Stock market rally (sergeitokmakov/Pixabay)

Markets

Bitcoin NFT NodeMonkes Sells for $1M as BTC Inches Toward $69K

Bitcoin-based collections traded more volume than Ethereum collections in the past 24 hours, which shows network adoption as bitcoin prices inch closer to highs.

The NodeMonkes collection. (NodeMonkes)

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