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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 Eyes $40K as $1B in BTC Withdrawals Suggests Bullish Mood
Data shows over $1 billion worth of BTC has been withdrawn from exchanges over the past week.
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
A data scientist for the Dutch National Bank, Alex De Vries, claims every bitcoin transaction uses enough water to fill a swimming pool.
Why Financial Advisors Are So Excited About a Spot Bitcoin ETF
On this episode of Unchained, Ric Edelman, founder of the Digital Assets Council of Financial Professionals and author of βThe Truth About Crypto,β explains how this should all lead to high demand once the first spot Bitcoin ETFs become available, although it will take some time for them to allocate.
MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
Bitcoin Miner AntPool to Refund Record $3M BTC Transaction Fee
AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message β which will prove ownership.
First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up
The latest price moves in crypto markets in context for Nov. 30, 2023.
Protocol Village: ARPA's Random Number Generator Launches on Base
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.
World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
'Mysterious' Address That Added 10K Bitcoin Is Just a New BitMEX Wallet
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.
