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



Markets

First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst

PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.

Bitcoin weekly chart. (CoinDesk Indices)

Opinion

Mining Bitcoin Is an Act of Freedom

Because it is an act an of service, CryptoQuant researcher Burak Tamaç writes in a Mining Week essay.

Hannah arendt (Barbara Niggl Radloff/Wikimedia Commons)

Markets

Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues

Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.

(Cedric Fox/Unsplash)

Markets

Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager

The Morgan Creek Capital Management founder expects bitcoin to catch up to gold's valuation.

(WikiImages/Pixabay)

Policy

RFK Jr: Bitcoin ‘Currency of Freedom’; Canadian Government Morphed Into ‘Monster’ During Trucker Protests

The Democratic presidential candidate made the comments during a Twitter Spaces conversation with prominent bitcoiners on Wednesday.

Robert F. Kennedy Junior (Screenshot from 2024 campaign website)

Consensus Magazine

Want to Mine Bitcoin at Home? DIY Bitcoiners Have Stories to Share

From an ASIC-heated swimming pool to a handmade soundproof container, these die-hards found ways to make home mining feasible, if not quite profitable.

Gerald Glickman's "immersion-cooled bitcoin miner/pool heater" (YouTube)

Markets

First Mover Americas: BTC and ETH CME Futures See Record Participation From Big Traders

The latest price moves in crypto markets in context for July 27, 2023.

(AhmadArdity/Pixabay)

Markets

Bitcoin Volatility Expected on Friday's Bank of Japan Rate Decision. Here's Why

The BOJ is predicted to soften its grip on the country's bond markets, potentially influencing global bond markets, exchanges rates and liquidity conditions. Bitcoin and cryptocurrencies, in general, are sensitive to changes in global liquidity conditions.

(Shutterstock)

Markets

Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising market volatility and manage risk and exposure, CME said.

(Shutterstock)

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