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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 Miner Marathon Digital Sold Almost All Bitcoin Mined in February
It's the second consecutive monthly sale for the company, which before 2023 hadn't sold any of its holdings.
Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles
That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.
Bitcoin, Ether Trade Marginally Lower Following Release of Discouraging Jobs Data
A persistently robust employment market has played a major role in capping asset prices, though a floor seems intact as well.
Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year
The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and the digital asset-enabled internet.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
The new entity dubbed “c=” aims to improve liquidity and routing on Bitcoin’s Lightning Network. The name references the speed of light in Einstein's famous equation E=MC2.
First Mover Americas: Bitcoin Falls to Below $23.5K
The latest price moves in crypto markets in context for March 2, 2023.
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said the city's evolving approach to digital asset licensing could shift attitudes in mainland China.
Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
Bitcoin, Ether Settle Into a Range as Indicators Point Neutral
Bitcoin and ether’s rapid price acceleration to start 2023 has leveled off as investors worry about potential crypto regulation, inflation and the economy.
Weekly Challenge: The Digital Asset Power Hour
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard.
