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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
A New Bitcoin-Based Arcade Game Is Leaving a Mark on Gamers
A platform that went live last week looks to expand bitcoin usage by attracting players to win-to-earn games that run wholly on the Bitcoin blockchain.
Coinbase Looks to Add Bitcoin Lightning for Payments
The move is part of the exchange's broader plan to improve cryptocurrency-based payments globally.
First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade
PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.
Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.
Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’
The quadrennial "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month.
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
The software firm reported its second-quarter earnings after the close on Tuesday.
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
Similar uneventful periods in the past preceded major eruptions in volatility for BTC’s price, noted a research firm.
Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.
