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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
Debunking Myths About Bitcoin and its Code
CoinDesk's Managing Editor for Technology Christie Harkin discusses Bitcoin's operations and explains why the code is not as easy to modify as people may think, citing the total number of nodes and developers who are contributing to the network.
Crypto Markets Analysis: Bitcoin Finishes Roller-Coaster Week Near Where It Started
An unusually high number of altcoins set off Bollinger Bands technical signals.
The Best Bitcoin Lightning Payment Solutions
A look at open-source and corporate point-of-sale systems from BTCPay to Confirmo, so any merchant can start accepting BTC in 2023.
Bitcoin Is Uninvestable Right Now, Strategist Says
Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino says while bitcoin (BTC) is uninvestable in the short term, "that's not a negative on the space." Long term, he compares bitcoin to gold. Plus, Iaccino's reaction to audit firm Mazars pausing work for crypto clients.
Bitcoin Nears its First Weekly Chart 'Death Cross'
The cryptocurrency's 50-week simple moving average (SMA) is falling fast and looks set to cross below the 200-week SMA for the first time on record. According to technical analysis theory, the bearish intersection of the two averages often referred to as the death cross, means the market is about to head into a tailspin. Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino weighs in.
First Mover Americas: Crypto Auditing Hits Snag
The latest price moves in crypto markets in context for Dec. 16, 2022.
Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients; S&P Futures Drop
Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market.
Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets.
First Mover Asia: Active Crypto Developers Decreased Nearly 60% in 2022
Despite the decline over the past year, about 1,600 developers are still active in building the top blockchains and decentralized applications during this bear market.
Crypto Markets Today: Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall
Archblock's plan comes at a precarious time, with undercollateralized lending protocols grappling with loan defaults across the board.
