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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
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and 3.4%; ether rose 3% at one point Thursday a day after unexpectedly moderate comments from Fed Chair Jerome Powell.
Crypto Markets Analysis: Bitcoin and Ether’s Divergent 2023 Paths May Present Opportunity for Crypto Investors
The two largest cryptocurrencies by market capitalizations' net position change on exchanges have gone in opposite directions.
MicroStrategy Books Impairment Charge of $197.6M on Q4 Bitcoin Holdings
The business software company reported its fourth-quarter results on Thursday afternoon.
Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool
Independent developer, Udi Wertheimer, claims he minted a giant image of what appears to be a bald, bearded wizard donning sunglasses and promoting “magic internet JPEGs” on the Bitcoin blockchain via the Ordinals protocol. His announcements in the Discord channel “taprootwizards.com” and on Twitter sparked further flames of division between Bitcoin purists and Ordinals proponents. "The Hash" panel weighs in.
Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally
Barclays analyst said Coinbase volumes rose 56% in January from the previous month.
Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool
Luxor Mining collaborated with independent developer Udi Wertheimer to mint the NFT advertising “Magic Internet JPEGs” in “the largest Bitcoin block ever mined.”
First Mover Americas: Binance Returns to South Korea Via GOPAX
The latest price moves in crypto markets in context for Feb. 3, 2023.
Berkshire Hathaway's Charlie Munger Calls for Crypto Ban in the US
The veteran investor doubled down on his bitcoin skepticism, comparing it to gambling contracts.
Bitcoin, S&P 500 Close In on Bullish 'Golden Cross' Signal
In the past, bitcoin's big rallies have started with a golden cross, but not all golden crosses have led to a big rally.
Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation
Montreal-headquartered mining firm specializes in operating from locations with stranded power.
