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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 TBD Launches New Web5 Toolkit to Decentralize the Internet
The official announcement was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.
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.
First Mover Americas: Litecoin Might Be Trading at a Discount
The latest price moves in crypto markets in context for May 19, 2023.
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.
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
Early morning gains for the crypto were quickly erased in Thursday afternoon trading.
Should We Worry About Tether’s Bitcoin-Buying Plan?
Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
