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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
Private Equity Giant David Rubenstein Makes the Case for Bitcoin
Asset management leader BlackRock’s interest in a spot bitcoin ETF is among the signals that the cryptocurrency isn’t going anywhere, said the Carlyle Group co-founder.
Binance Receives License to Offer Bitcoin Services in El Salvador
The Central Bank of El Salvador granted two licenses to crypto exchange Binance to offer bitcoin and digital assets services in the country. "The Hash" panel discusses what this means for Binance as the exchange has been facing regulatory scrutiny in the U.S. Plus, "The Hash" team shares insights into the significance of crypto adoption in the country.
Where Will Bitcoin Mining Be After the Halving?
Former petroleum engineer Rena Shah says bitcoin miners will need to embrace eco-friendly trends like flare gas recovery and nuclear power after mining revenues are cut.
Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy
Almost 69% of circulating bitcoin have been inactive for at least a year.
Bitcoin Quiet in Asia at $29.3K as Market Hunts for Catalyst
Thursday morning's inflation report from the government was slightly better than economists had forecast.
First Mover Asia: What Will It Take to Get Bitcoin to $30K?
The world’s largest digital asset isn’t budging and it'll take regulatory clarity to push past $30,000.
It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original blockchain, or to “hallucinate” like the more popular (and generalist) ChatGPT.
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.
