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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
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data
XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure
The new hire will also been tasked with designing decentralized finance technologies.
Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'
Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity.
First Mover Asia: IOTA’s Shimmer Joins the Race to Become the Next Big Blockchain; Bitcoin Seesaws Before Holding Near $19.5K
The unveiling of the Shimmer blockchain platform comes amid a flurry of such upstarts, each promising to be faster and cheaper than other protocols.
Market Wrap: Bitcoin Showing Potential Signs of an Upswing
Digital asset markets are navigating a challenging environment of high inflation, inverse correlations to the U.S. dollar, increasing interest rates and higher consumer debt.
Strike CEO: El Salvador’s Bitcoin Experience ‘Doesn’t Hurt My Company at All’
Jack Mallers joined CoinDesk TV’s "First Mover" to discuss El Salvador, bitcoin and how the mobile payments app is working to change the payment system for merchants and consumers globally.
Chairman Behnam: Bitcoin Could ‘Double in Price’ Under CFTC Regulation
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Wednesday CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin (BTC). "The Hash" panel discusses the latest in crypto regulation amid a brewing turf war between regulatory agencies.
Bitcoin Holds Strong at $19K Amid Macro Uncertainty
Bitcoin (BTC) is trading firmly at $19,000 despite severe macroeconomic uncertainty in recent weeks. Rubicon Crypto co-founder and CEO Greg Johnson discusses the token's resilience and his markets outlook. Plus, how the U.S. dollar dominance will impact the crypto industry.
Bad News for Crypto? Bad News for Everyone?
The U.S. dollar is the biggest bet in the world right now. What does that mean for Bitcoin and crypto? Dollar milkshake theory and where it leaves crypto is the focus of this episode of "The Daily Forkast."