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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
Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge
The "Change the Code, Not the Climate" campaign is upping its efforts following Ethereum's switch to proof of stake.
First Mover Americas: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies
The latest price moves in crypto markets in context for Sept. 15, 2022.
First Mover Asia: DeFi Builders Speak Out; What the Crowd Is Getting Wrong About the Ethereum Merge
The Merge will lead to the reduction of the Ethereum blockchain’s carbon footprint, but it will not lower gas fees or improve Ethereum’s scalability, coders behind popular Ethereum-based projects said; bitcoin trades sideways.
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge
Investors remain cautious in the final hours before the much-anticipated network upgrade event.
Bitcoin After the Ethereum Merge: Experts Weigh In
The immediate impact of the Merge on Bitcoin will probably be minimal.
Crypto Traders in Wait-and-See Mode in Countdown to Ethereum Merge
Ether was trading around the $1,500 level as the Merge approaches in less than 12 hours. Bitcoin was back below $20,000.
Legal Battle Underway Between Hodlonaut and Craig Wright in Norway
CoinDesk Regulatory Reporter Cheyenne Ligon shares insights into the trial underway between pseudonymous bitcoiner Hodlonaut and Craig Wright, the Australian computer scientist best known for claiming to be the inventor of Bitcoin.
As Ethereum Merge Looms, Michael Saylor Pushes Back Against Bitcoin's Energy Critics
The bitcoin maximalist, executive chairman of MicroStrategy and recently alleged tax evader says the Bitcoin network’s output is 100 times greater in cost than its input.
A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation
Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.
