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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
Bitcoin cae por debajo de $21K tras los comentarios de Powell sobre medidas de ajuste monetario
El presidente de la Reserva Federal de los Estados Unidos dijo que los hogares y las empresas deberían prepararse para meses difíciles mientras el banco central trabaja para reducir la inflación.
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.
In Defense of Crypto Speculation
Crypto needs speculation. The higher it is, the greater the potential for disruption.
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
The latest price moves in crypto markets in context for Aug. 26, 2022.
Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.
First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Price Remains in Holding Pattern
Some miners are earning more by selling power capacity back to the grid than through mining bitcoin; crypto markets await Fed Chair Jerome Powell's Friday speech.
Hodlonaut: 'Very Confident' Ahead of Case Against Craig Wright
Hodlonaut, a prominent member of the Bitcoin community, will appear in a Norwegian court on Sept. 12 for a defamation case that began in March 2019 involving nChain Chief Scientist Craig Wright. Hodlonaut discusses what to expect, saying he's "very confident" about appearing in court and happy to start the process.
Bitcoin Forms Possible Bear Flag
Bitcoin seems to have formed a bear flag, a pause that often refreshes lower, marking continuation of the broader decline, according to CoinDesk’s Omkar Godbole. This would imply a continuation of the sell-off from $25,000 and expose lows under $18,000 registered in June.
Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech
Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.
