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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
First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets
Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.

The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
We're covering Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

Animated Series Futurama Takes Characters to 'Doge City,' Mocks Crypto Miners
In its latest episode, which aired on Aug. 7 on streaming platform Hulu, the characters attempt to make money by selling thallium, a toxic metal used to mine crypto in the shows, to crypto miners in “Doge City.”

What Is Bitcoin's 'Bart' Pattern and Does It Mean BTC Is Heading Towards a Rally?
Squint at the latest price charts and you can see a popular cartoon character from The Simpsons—and portents of a brighter future for crypto.

The Right Way to (Passively) Invest in Crypto: Crypto Long & Short
John Bogle and modern portfolio theorists revolutionized investing, but their insights need some revision to work in crypto.

A Wild Month for Treasuries Is Slow Going for Crypto: Crypto Long & Short
Bitcoin looks more stable than long-term U.S. Treasuries, which means it’s a boring time for crypto but an exciting time in the bond market.

First Mover Americas: Bitcoin Flirts With $30K as Traders Await CPI
The latest price moves in crypto markets in context for August 9, 2023.

Bitcoin's 'Taker Buy-Sell Ratio' Surges, Signals Renewed Bullish Vigor
The ratio shows more optimism at $29,000.

Crypto News Today: Bitcoin's Rally Toward $30K, PayPal's Stablecoin Fakes, and More
As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.
