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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
Jack Dorsey-Backed Bitcoin Wallet Bitkey to Integrate With Coinbase and Cash App
Public beta testing will begin in a few weeks according to parent company Block.
Crypto Trading Volumes Drop in Q2 to Yearly Lows
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year.
First Mover Americas: Bitcoin Tumbles Below $25K
The latest price moves in crypto markets in context for June 15, 2023.
Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase
The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said.
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.
Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race
Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor has accepted his salary in bitcoin.
Bitcoin’s Lack of Layer 2s Is a Blessing in Disguise
The unscalable blockchain par excellence can help fix crypto's longstanding scalability problem. The solution is to build a network where base and scaling layers are indistinguishable.
Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance
The positive relationship between bitcoin and traditional finance is now inverted , highlighting the independence of bitcoin as an asset
Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus
The tech giant cited transmission of a virtual currency without necessary licenses and permissions as the primary reason for the app’s rejection, according to Zeus’ founder.
