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



Markets

Crypto Funds See Largest Inflows Since Mid-December

After two straight weeks of outflows, $193 million flowed into crypto funds in the seven days through March 25.

Digital asset investment products saw $193 million of inflows in the seven days through March 25. (CoinShares)

Markets

Bitcoin Breaks Above $46K, Resistance at $48K-$51K

Momentum turned positive for the first time since July, although a significant price rally could be delayed.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Videos

Ukraine’s NFT Museum; Bitcoin on the Up

Ukraine’s NFT-based “Meta History Museum of War” chronicling Russian conflict goes live. China’s Greenland Group plans cross-border carbon credit trading. Bitcoin crosses $47,000-mark as crypto blazes Monday’s market. Mt. Gox Co-Founder Mark Karpeles talks learning from mistakes and plans for the future.

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Videos

BTC Breaks $47K as Russia-Ukraine War Continues

Noelle Acheson, Genesis Global Trading head of market insights, discusses the recent upswing in the crypto markets, possibly driven by the Luna Foundation Guard’s heavy BTC purchases in the open market.

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Finance

Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG

The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.

Bitcoin mining ASICs submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)

Markets

Shiba Inu, Solana Tokens Lead Gains as Bitcoin Hovers Over $47K

Crypto markets followed moves in bitcoin amid reports of multimillion-dollar purchases of the asset by a major blockchain entity.

Credit: Pixabay

Markets

Recession Signals Light Up as Section of US 'Yield Curve' Inverts

The recession hint could have bearish implications for risk assets, including bitcoin.

A section of the yield curve has inverted for the first time since 2006. (Source: Pixabay, PhotoMosh)

Finance

India's Supreme Court Seeks Wallet Info From Suspect in $3.8B GainBitcoin Scam

Ajay Bhardwaj, the brother of Amit Bhardwaj, the primary suspect who is now deceased, has been asked to give his username and password to authorities.

Supreme Court of India (Shuttersock)

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