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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
First Mover Americas: Grayscale Explores Options to Return Portion of GBTC
The latest price moves in crypto markets in context for Dec. 19, 2022.
Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices
The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.
Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm
Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. The situation may persist for some time.
First Mover Asia: Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble
Bitcoin was flat in early Monday trading.
Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit
Policy actions that decry decentralization in response to FTX sort of miss The Point.
Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops
Bitcoin, largest cryptocurrency by market value, fell 3% over the past 24 hours
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.
