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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
THNDR CEO on Bitcoin Payments, Crypto Adoption, Lightning Network
Desiree Dickerson, CEO of THNDR, which builds mobile games where players can earn bitcoin paid out over Lightning, discusses bitcoin payment solutions and hurdles for mass BTC adoption. Plus, why she’s bullish on the Lightning Network.
Study: 60% Of Salvadorans Quit Chivo Wallet After Receiving BTC Incentive
According to a report published by the U.S. National Bureau of Economic Research, only four out of 10 Salvadorans who downloaded the state-run bitcoin (BTC) wallet Chivo said they still use it after obtaining the $30 bitcoin incentive. “The Hash” group discusses the global narrative of bitcoin adoption and the political neutrality of its technology.
Central African Republic Adopts Bitcoin as Legal Tender
The Central African Republic has passed a bill to establish a legal and regulatory framework for cryptocurrencies and make bitcoin legal tender alongside the existing CFA franc. “The Hash” group compares this announcement to El Salvador’s bitcoin adoption program and discusses the adoption of fintech technology in Africa.
Bitcoin Bounces From $37K Support; Resistance at $40K-$43K
BTC remains in a tight trading range with a loss of upside momentum.
CoinFund President on Crypto Mainstream Adoption, Goldman Sachs and FTX Collaboration
CoinFund President Chris Perkins discusses the current state of the crypto markets as bitcoin trades below $40,000 after a 5% decline. Perkins addresses positive factors hitting the crypto industry, noting favorable sentiment among policymakers and increasing institutional interest. This comes as Goldman Sachs and FTX executives meet in the Bahamas to discuss further collaboration. Plus, a conversation on the proof-of-work debate and the derivatives market.
First Mover Americas: When $1M Bitcoin?
The latest moves in crypto markets in context for April 27, 2022.
Central African Republic Adopts Bitcoin as Legal Tender
A statement from the president's office on Wednesday confirms the passage and signing of the necessary legislation.
Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'
A minor increase in price could send short sellers scrambling to close their bets.
Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M
Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.
World's First Combined Bitcoin, Gold Exchange-Traded Product Listed in Switzerland
The product was developed by ETP issuer 21Shares and crypto data provider ByteTree Asset Management.
