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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
New Research Unearths Insights Into Satoshi and Bitcoin’s Early Days
The paper makes no claims about the Bitcoin network today, more than a decade after the end of the period analyzed. But it underscores well-known and longstanding privacy challenges.
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.
Macro Factors Driving Bitcoin Above $31K
Bitcoin (BTC) is back above $31,000 on Monday after a record nine-week losing streak. BitFlyer Global Head of Sales & Trading Takaaki Kato discusses the macro factors that may be impacting BTC’s price, plus the state of crypto in Japan and Asia at large.
Bitcoin Snaps Record Losing Streak, Climbs Above $31K
Bitcoin finally posts a winning week, snapping a record 9-week losing streak. Friday's U.S. CPI report for May could show inflation slowing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
So far, BTC has avoided significant price drops. But option traders are protecting against the downside.
Bitcoin Back Above $31K, Ethereum Merge Around the Corner
Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC's current price range remains intact after several weeks of negative returns.
StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
New York Mining 'Ban' Is a Green Opportunity
The state’s possible moratorium on new carbon-based mining could be seen as an opportunity.
