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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
Magic Eden Embraces Ordinals, Releases Bitcoin NFT Marketplace
The popular NFT marketplace is integrating support for Bitcoin wallets Hiro and Xverse to help traders list, purchase and sell Ordinal NFTs.
Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?
Two views on why bitcoin's price rose by so much this month amid bank runs and uncertainty on whether the Federal Reserve will raise interest rates.
Privacy-Focused Wasabi Wallet Reinstates ‘Coin Control’ Feature in Latest Software Upgrade
The feature was reinstated after advanced users complained about the constraints of Wasabi’s automated version of coin control, called “privacy control,” introduced in a previous upgrade.
First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting
The latest price moves in crypto markets in context for March 21, 2023.
Fed Preview: Powell Likely to Raise Rates by 25 Basis Points Against Crypto Market's Hope for Status Quo
Not raising rates now may make it more difficult later, some analysts say.
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market; It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
Bitcoin Seesaws Around $28K as Investors Await Fed Interest Rate Decision
The U.S. central bank is widely expected to boost the rate 25 basis points.
Bitcoin, Ether Trade Lower After Breaching Technical Indicator
The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement
Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge
The data may reflect investors’ need for liquidity during the banking crisis, a CoinShares report says.
Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
Bitcoin and crypto aren't unraveling the banks.
