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



Tech

Bitcoin Payments App Strike Expands to More Than 65 Countries From Three

Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it's pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia.

Jack Mallers, founder and CEO of the Chicago-based bitcoin payment provider Strike, speaks Friday at the Bitcoin 2023 conference in Miami Beach. (Frederick Munawa)

Markets

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

Nearly 4 out of 5 traders now expect the U.S. central bank to pause its series of rate hikes at its upcoming June meeting.

Federal Reserve Chairman Jerome Powell (Drew Angerer/Getty Images)

Markets

Bitcoin and Broader Crypto Prices Little-Changed in Eventful News Week

Litecoin was the largest gainer among large-cap cryptocurrencies.

(Getty Images)

Tech

Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet

The official announcement was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.

The TBD announcement was made at the Bitcoin 2023 conference in Miami. (Frederick Munawa)

Markets

Bitcoin in Stasis Below $27K Ahead of Powell Speech

U.S. Federal Reserve Chairman Jerome Powell will speak late Friday morning at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference.

(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Markets

First Mover Americas: Litecoin Might Be Trading at a Discount

The latest price moves in crypto markets in context for May 19, 2023.

Canary Capital Group, a new digital asset-focused investment firm, has plans to launch an exchange-traded fund tied to Litecoin. (Litecoin Foundation)

Tech

NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts

DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.

Bitcoin (Unsplash)

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