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



Markets

Crypto Stocks Post Large Losses as Bitcoin Price Slides Toward $28K

Bitcoin miners were the hardest hit on Thursday.

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Markets

Bitcoin's Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say

The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average.

BTC 24-hour price chart (CoinDesk)

Tech

Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System

CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.

(Getty Images)

Markets

First Mover Americas: Landmark Crypto Laws Pass in Europe

The latest price moves in crypto markets in context for April 20, 2023.

(Guillaume Périgois/Unsplash)

Markets

Crypto Options Exchange Deribit Adding Zero-Fee Spot Trading

The availability of the spot market means traders no longer have to go elsewhere to exchange major cryptocurrencies and can set up multi-leg complex strategies at one place.

(Deribit)

Markets

First Mover Asia: We’re Still Missing Good Web3 Games; Bitcoin Swoons Below $29K

The TradGaming world has tentpole franchises that have drawn large audiences, but Web3 games have yet to connect meaningfully with gaming enthusiasts.

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

Tech

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.

(Tetra Images/Getty Images)

Finance

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.

Tesla has previously written down crypto holdings in accounting rules the industry says need an overhaul. (Justin Sullivan/Getty Images)

Markets

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.

Red arrows pointing down falling drop (Getty Images)

Tech

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.

Snippet of code pulled from Bitcoin Improvement Proposal 324, co-authored by Dhruv Mehta. (GitHub)

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