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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
Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin
BTC was down 1% as stocks rose. WAVES falls 25%.
OG Bitcoiner Bruce Fenton on Why He's Running for New Hampshire Senate Seat
Bruce Fenton, Chainstone Labs CEO & founder, and former executive for the Bitcoin Foundation, explains his plans to run for a U.S. Senate seat in New Hampshire, discussing crypto regulation, free markets and his association with the Republican Party. Plus, a conversation on Chris Larsen’s $5 million campaign to change the Bitcoin code and the environmental impact of proof-of-work.
‘HODL Waves’ Show Possible Bullish Indicators For BTC
A bull case could be made for bitcoin despite short-term momentum turning negative, according to Glassnode data weighing “HODL Waves” against BTC's "realized price." Are we at a turning point in this bear market? Plus, a look at BTC's April returns as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Crypto Funds Draw Inflows for Second Straight Week
Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday.
Bitcoin Weighed Down by $48K Resistance; Support at $43K
Short-term momentum turned negative, which typically occurs during the first week of the month.
SEC Rejects Ark 21Shares Bitcoin ETF Application
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the U.S. Securities and Exchange Commission’s (SEC) continued streak of rejecting bitcoin spot ETF proposals, the most recent being Ark 21Shares' application. Plus, a conversation on new legislation in the European Union (EU) aiming to enforce a travel rule on international crypto transactions.
Oklahoma State Senator on Attracting BTC Miners With Tax Incentives
Oklahoma State Senator John Michael Montgomery explains why he is pushing the state to attract bitcoin miners with tax incentives. Montgomery addresses energy concerns, highlighting the state’s abundance of wind and natural gas while discussing what mining operations can do for property values and public services.
Crypto Markets React to LFG's BTC Reserves, Musk Taking 9.2% Stake in Twitter
Quantum Economics Founder & CEO Mati Greenspan discusses the current state of the crypto markets as the Luna Foundation Guard purchased about $400 million worth of BTC over the past week for its UST reserves. Plus, a conversation on dogecoin’s price spike following Elon Musk’s new stake in Twitter and why Greenspan is bullish on the Near Protocol.
Why Bitcoin Mining Is a Matter of National Security
Buying and holding bitcoin (BTC), the asset, is not what gives people power over the Bitcoin network.
Garry Kasparov: 'Bitcoin Will Remain as a Standard'
The chess grandmaster, a speaker at CoinDesk's Consensus festival in June, expects a basket of coins to replace the dollar within a decade.
