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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: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?
‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.
Bitcoin and Ether Trade Quietly, but Lesser Known Names Boast Strong Performance This Week
Origin Protocol and Kyber Network lead the way among altcoin gainers.
Bitcoin Won’t Be Stuck Below $30K for Long, Crypto Options Traders Bet
BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.
First Mover Americas: Grayscale Urges SEC for Equal Treatment of Spot Bitcoin ETF Applications
The latest price moves in crypto markets in context for July 28, 2023.
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said.
Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible
BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.
