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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
Trezor Model T Gets Bitcoin Privacy Upgrade With New CoinJoin Feature
CoinJoin will increase privacy by combining multiple bitcoin payments from multiple spenders to produce a single transaction whose history and ownership are obfuscated.
Tesla Made No Changes to Bitcoin Holdings in First Quarter
The valuation of bitcoin held on its balance sheet remained flat from the previous quarter at $184 million.
Bitcoin Hovers Near $29.3K After Binance Sell Order, UK Inflation Data
BTC fell as low as $29,045 earlier Wednesday. ETH dropped below $2,000 for the first time in almost a week.
Bitcoin Core Developer Dhruvkaran Mehta Steps Away, Teases New Startup Idea
The developer known as @dhruv on Twitter and GitHub, formerly a Google software engineer and now a successful entrepreneur, is taking a break from working on Bitcoin for another shot at a startup.
Crypto Custody Explained: Benefits and Risks
There is no shortage of horror stories about stolen funds, hacks and lost passwords in the crypto industry. This is where crypto custody comes into play. Casa CEO Nick Neuman breaks down three types of custodians, as well as the benefits and risks of each.
First Mover Americas: Bitcoin Slides Toward $29K
The latest price moves in crypto markets in context for April 19, 2023.
Bitcoin Drops to $29K in Sudden Sell-Off
The slide – which followed a huge market sell order at Binance – flushed millions of dollars' worth of futures positions.
MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.
First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.
Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover
Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.
