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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 NFTs: What Are Ordinal NFTs and How Do You Mint One?
NFTs on Bitcoin are different from the Ethereum NFTs most people are familiar with. Here’s what you need to know.
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said.
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot.
Crypto Markets Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths
Investors have begun sending bitcoin to exchanges while continuing to remove ether.
An Overlooked Source of BTC Support: Its Price Floor
The premier cryptocurrency is a speculative investment as well as a long-term play, providing a strong floor at a time of uncertainty in the crypto markets, says Noelle Acheson.
Bitcoin Price Remains Lower After Release of FOMC Minutes
The Federal Reserve raised its benchmark fed funds rate by 25 basis points at its most recent meeting.
Bitcoin Core Developer Marco Falke Steps Down From Maintainer Role
Falke was Bitcoin Core’s most prolific contributor, with more than 2,000 commits over seven years.
Coinbase Stock Tumbles 6%; Bitcoin Also Lower
Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin.
Washington Plays Tennis With Crypto
If digital asset regulation is drifting into partisan waters, that’s bad for all involved.
