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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
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
EU's MiCA Bill to Enter Next Phase of Negotiations on Thursday
The landmark Markets in Crypto Assets legislative framework will now be discussed between the European Parliament, Council and Commission.
Bitcoin Holding Support Above $46K; Resistance at $48K-$51K
BTC buyers could remain active over the short-term.
Crypto Markets React to $600M Axie Infinity Exploit
Charlotte Principato, Morning Consult financial services analyst, discusses the current state of the crypto markets following the $625 million exploit of Axie Infinity’s Ronin network. Plus, a conversation on the market impact of Luna Foundation Guard’s purchase of $272 million worth of bitcoin for its stablecoin reserves.
ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’
Fabio Panetta's remarks come as EU lawmakers consider measures to end anonymous crypto transactions and cut off unregulated exchanges.
Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs
The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal.
First Mover Americas: Bitcoin Trades at Discount in Japanese Yen Markets
The latest moves in crypto markets in context for March 30, 2022.
Bitcoin Holds Steady as Luna Foundation Guard Resumes Purchases
The organization, which splurged on the cryptocurrency last week, resumed buying BTC on Wednesday after a one-day hiatus, according to one observer.
