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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
First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise
Both countries have increased regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading.
Why Bitcoin’s 4-Year Halving Cycle Could Be Dead
Bitcoin’s current price action could indicate that its 4-year cycle based on the halving of coins produced might be a thing of the past, as the market has not entered its expected bear phase. “The Hash” hosts discuss the maturation of BTC’s market performance, noting increased institutional investment as a possible reason for the lack of volatility.
BTC Jumps Above $41K, Correlation with Nasdaq Increasing
CoinDesk Markets Reporter Damanick Dantes discusses bitcoin’s increasing correlation with tech stocks and the Nasdaq 100. Plus, insights into the potential market impact of the Luna Foundation Guard’s BTC purchases, and the current sentiment among traders in the options and futures markets.
BitPay Co-Founder on Launching Bitcoin Lightning Network Payment Services
BitPay co-founder Tony Gallippi discusses the crypto payment company’s newly added support for transactions on the Lightning Network, offering increased speed and efficiency. Plus, the growth of crypto payments in emerging markets, tax implications and bitcoin's varying use cases.
Market Wrap: Cryptos Rise as Bitcoin Returns Above $40K
BTC rose by 4% over the past 24 hours, compared with a 12% rise in RUNE.
Beyond the Bitcoin Conference Hype: Pleb.Fi Builds Inclusivity
The intensive inclusivity-meets-tech hackathon is one Bitcoin developer’s “love letter to the community.”
Bitcoin Holding Support at $40K; Resistance at $43K-$47K
Selling pressure has weakened, which could pave the way for a price bounce.
Elden Ring Has Outlasted Its Critics, and So Will Bitcoin
From Software never bowed to misguided attacks on its Souls games. That purity of vision has made them legends.
