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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
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
The events are unconnected, but crypto has a role to play in the wider political realignment questioning the sanctity of central banks and established powers.
First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead – most notably about the regulatory uncertainty.
Trust Machines CEO on Revival of Bitcoin Building
Muneeb Ali, CEO of Trust Machines, discusses at Consensus 2023, the changes within the Bitcoin community's developer culture.
Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says
"Bitcoin is fun again because there's a place to build again," said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.
Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days
The entrepreneur pointed to the government printing money as the reason for his bullish call.
First Mover Americas: Bitcoin Ending Week on Positive Note
The latest price moves in crypto markets in context for April 28, 2023.
Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode
The tally has increased by more than 50,000 bitcoins in four weeks, reversing the exodus seen late last year.
Hamas' Military Wing to Stop Accepting Bitcoin Donations: Report
The Izz ad-Din al-Qassam Brigades said the move is to protect donors from harm.
Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg
More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the firm said.
MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target.
