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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
Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace
As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.
Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
The platform shut down in April after the CEO expressed concerns about the safety of customer funds owing to a lawsuit from its co-founder.
Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. "The Hash" panel discusses what this means for the Bitcoin community.
First Mover Americas: PEPE Peaks After Binance Listing
The latest price moves in crypto markets in context for May 8, 2023.
Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish
Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.
Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report
Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.
Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls
Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.
Binance Resumes Bitcoin Withdrawals After Second Pause, Says It's Adjusting Fees and Integrating Lightning Network
The second pause came less than eight hours after the first.
First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause
PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.
