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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
As Bitcoin Scales, We Need Better Custodial Solutions
If Bitcoin is going to scale through layer 2s, then we need more options and more clarity around the trade-offs between the different ways to use the cryptocurrency.
Bitcoin Loses 10% on the Week as Memecoins Tumble
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.
Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.
First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in crypto markets in context for May 12, 2023.
Bitcoin Prices Slip to 2-Month Lows as CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish
Prices fell to $26,160 soon before press time, reaching the lowest since March 17.
First Mover Asia: Bitcoin Regains $27K, but Investors Search for a Catalyst
ALSO: The CEO of Stablecorp says that bitcoin's recent dip is part of its growing pains. He says that the scalability of the bitcoin network and liquidity present challenges.
Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position
Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions.
Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.
