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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
Atypically Bearish Early December Bodes Poorly for Bitcoin Investors
Bitcoin investors have historically seen gains in December before prices fall in January, but this month so far has been a downer.
First Mover Americas: Cathie Wood’s Ark Buys More COIN; Do Kwon is in Serbia
The latest price moves in crypto markets in context for Dec. 12, 2022.
First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate
Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity; bitcoin holds steady over $17K as latest inflation data and FOMC meeting approach.
Goldman Sachs Is Trying to Make Blockchain Bonds Happen
But it probably won't – for blockchain bonds, tomatoes or whatever.
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.
Crypto Markets Analysis: Bitcoin's in the Doldrums as Investors Eye FTX Hearing, FOMC Meeting
The largest crypto by market capitalization and ether barely moved from a week ago. A likely 50-point basis point rate hike already seems priced into markets.
Bitcoin Above $17K as Wholesale Price Inflation Is Hotter Than Expected
Bitcoin (BTC) is trading around $17,100 after a new wholesale inflation report is hotter than expected. Matrixport Head of Research and Strategy Markus Thielen discusses what this latest economic data means for the crypto market. Plus, insights on the surge in FTT token after Sam Bankman-Fried showed his support for an FTX revival plan.
Bitcoin's Lightning Network Could Be Getting a Privacy Upgrade
One new standard being developed by Blockstream is already running on the company’s Core Lightning implementation.
