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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
Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators.
CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme
The regulator filed a cease-and-desist order against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.
Let Ugly Ducklings Grow: Why Crypto Needs a Safe Harbor
Too much much regulation may hinder the development of viable decentralized models.
First Mover Americas: Bitcoin Slips at End of Strong Week, Huobi Founder in Talks to Sell Majority Stake
The latest price moves in crypto markets in context for Aug. 12, 2022.
Bitcoin $24K Breakout Elusive as Treasury Yields Balk at Peak Inflation Narrative
Traders of risk assets, including bitcoin, might be wrong to conclude that inflation in the U.S. has peaked, the bond market activity suggests.
First Mover Asia: Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation
The SOL token has climbed over the past week, despite a scheme by developers that artificially boosted the value of Saber and the Solana blockchain.
Market Wrap: Bitcoin Price Rises but Ether Outpaces as Merge Nears
ETH has been accelerating on higher than average trading volume.
First Mover Americas: Ether Leads Crypto Markets Higher After Final Merge Test Goes Live
The latest price moves in crypto markets in context for Aug. 11, 2022.
Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.
BlackRock, Fresh off Coinbase Tie-Up, Offers Direct Bitcoin Exposure
The institutional-investor-focused spot bitcoin private trust will track the price of the cryptocurrency.
