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



Opinion

The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin

While the largest cryptocurrency has not been a direct focus for regulators, bitcoiners should not become cheerleaders.

(Photo by Chip Somodevilla/Getty Images)

Markets

First Mover Americas: Lido DAO’s Governance Token Jumps 17%

The latest price moves in crypto markets in context for Feb. 15, 2023.

(Getty Images)

Policy

El Salvador Plans to Open 'Bitcoin Embassy' in Texas

The Central American country wishes to open a bitcoin embassy in "new ally" Texas, Mayorga said on Twitter, to aid "expansion of commercial and economic exchange projects."

Austin, Texas

Markets

Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data

Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.

(Nicholas Cappello/Unsplash)

Policy

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law

The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

European Central Bank (Raimund Linke/Getty Images)

Markets

DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange

DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT and ADA trading.

Piyush Gupta, chief executive officer of DBS Group Holdings

Markets

First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided?

ALSO: Unspent transaction output, individual units of bitcoin that are locked in transactions on the blockchain, are rising. Here's why the trend is significant.

(Getty Images)

Markets

Crypto Markets Analysis: CPI Data Shakes Crypto Markets Before Cooler Heads Prevail

Erratic moves immediately following the CPI data release steadied as the day progressed.

(Getty Images)

Markets

Bitcoin Rebounds Above $22K After Tepid Inflation Readings

Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.

Bitcoin regained a foothold above $22,000 on Tuesday. (CoinDesk)

Tech

Coinkite’s New Bitcoin Hardware Wallet Looks Like BlackBerry, Takes AAA Batteries

The new Coldcard Q1 model aims to blend security and convenience – with a physical QWERTY keyboard recalling the look of a 2000's-style waffle phone. It relies on a flashlight and LED scanner to read QR codes – instead of using a camera, which can be an attack vector.

Blackberry or bitcoin wallet? The Coldcard Q1 hardware wallet looks like a 2002-style waffle phone. (Coinkite)

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