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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 Defends $30K as ECB Preps First Rate Hike in More Than a Decade
Genesis Global Trading Head of Derivatives Trading Joshua Lim and BlockFi SVP and Global Head of Institutional Distribution David Olsson discuss their outlook on crypto as bitcoin hovers around $30,000.
Jay-Z, Jack Dorsey Unveil ‘Bitcoin Academy’ for Brooklyn Public Housing Residents
The two entrepreneurs are teaming up to offer Bitcoin-focused financial literacy courses beginning this summer for children, teens and adult residents of the Marcy Houses.
First Mover Americas: Bitcoin Defends $30K as ECB Preps First Rate Hike in More Than Decade
The latest moves in crypto markets in context for June 9, 2022.
Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe
Se ha iniciado una investigación a Terraform Labs de Do Kwon por supuesta malversación de bitcoin de la compañía.
How Bitcoin Could Power a New Wave of Small Business Innovation
Bitcoin payments are dramatically underutilized – and transacting in bitcoin introduces more ways for a small business to capitalize.
Terraform Labs Probed for Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating, saying the implosion affected about 280,000 citizens.
First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls
Major South Korean exchanges are delisting the token after privacy upgrades involving the MimbleWimble protocol designed to make transactions confidential and virtually untraceable.
Will El Salvador Default on its Sovereign Debt in 2023?
El Salvador has an $800M sovereign bond due in January 2023 while the issuance of a $1 billion bitcoin bond is delayed. Frank Muci, LSE School of Public Policy fellow, discusses the key takeaways of his recent op-ed on El Salvador’s massive debt and the potential ramifications if it were to default.
Long Term Bitcoin Holders Have Absolute Advantage in Bitcoin Investment
BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market. Plus, insights into how long-term bitcoin holders have an absolute advantage over short-term holders in BTC investment. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.