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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’s Next Move Depends on the Next Fed Rate Hike: Options Trader
Options Insights founder Imran Lakha thinks bitcoin could fall to $16,000 before rising again.
Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name
Luke Dashjr, one of Bitcoin's core developers, is disavowing an auction for a Bitcoin-native Ordinal NFT that incorporated some of the code he contributed to the digital asset protocol. "The Hash" panel discusses the latest in the Ordinals movement dividing the crypto community.
Proposed Bitcoin Vault Feature Could Thwart Malicious Hackers
The feature is still in draft form and would require a soft fork in order to be adopted into Bitcoin Core.
Bitcoin at Risk of Deeper Pullback Toward $20K: Chart Analysts
The decline could come after the price failed to break through a key resistance level of $25,200.
Crypto Traders Worried About Liquidity Thinning in Bitcoin and Ether
Liquidity conditions in BTC and ETH markets are at their worst level since the collapse of Terra in May 2022
Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name
The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential.
Bored Ape-Parent Yuga Labs' Next NFTs Will Live on Bitcoin Blockchain
Called TwelveFold, the 300-piece Ordinals generative art collection serves as a “visual allegory for the cartography of data on the Bitcoin blockchain.”
Crypto Markets Analysis: Stablecoins Trend Lower Despite Bitcoin’s Recent Performance
A shift in the supply of stablecoins could foreshadow crypto’s next move.
