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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
Protocol Village: Sommelier Expands to Ethereum Layer-2s Via Axelar, Starting With Arbitrum
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.
Satoshi-Era Bitcoin Function 'OP_CAT' Dusted Off as Development Fervor Grows
Developers Ethan Heilman and Armin Sabouri view OP_CAT as a simple opcode that offers some of the general purpose functionality currently missing in Bitcoin
Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High
Total crypto market cap climbed to $2 trillion for the first time since April 2022.
Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares
Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.
Bitcoin Traders Target $64K as BlackRock ETF Nears $500M in Single-Day Inflow
Excluding Grayscale's Bitcoin Trust, the bitcoin exchange-traded funds have accumulated over $11 billion worth of BTC a month after going live.
Bitcoin Futures Open Interest Tops $21B, Highest Since November 2021
While notional open interest has surged, the overall leverage build-up is still relatively low.
Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst
An interest rate cut isn't likely on the table, but risk assets are doing just fine
Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the data is from 2021.
Craig Wright Blasts 'Experts' Who 'Cannot Verify Their Work' at Trial Over Satoshi Claims
On Tuesday, he once again faced questions about a public blog post he'd signed cryptographically to prove he was Bitcoin inventor Satoshi Nakamoto that experts have since debunked.
