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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
Tracking Luna Foundation Guard’s Bitcoin Purchases
Thanks to the transparency of Bitcoin, we can watch along as LFG moves UST towards a bitcoin-backed existence.
Chris Larsen’s Plan to Greenify Bitcoin: Risky, Impractical and Maybe Nonsensical
As he strides away from the wreckage of Ripple, bags full to bursting, Larsen thinks he knows what’s best for the coin he failed to replace.
Bitcoin Approaching Resistance at $48K-$51K, Support at $45K
BTC appears to be overbought, although pullbacks cold be brief.
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen
The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.
Bitcoiners Scoff at Chris Larsen's $5M Campaign to Force a BTC Code Change
The Ripple executive and allies at Greenpeace assume that all it takes for a fundamental change to bitcoin's code is getting 50 firms and core developers on board.
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
MicroStrategy Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin
The term loan can also be used for general corporate purposes.
Bitcoin Nears 200-Day Average Ahead of Seasonally Bullish Period, Triggers Over $400M in Liquidations
There is continued buying support from Terra’s Luna Foundation Guard, one observer said.
Book Excerpt: 3 Stories of Bitcoin Changing Lives Outside the 'Dollar Bubble'
Alex Gladstein describes how Bitcoin offered entrepreneurs in Nigeria, Sudan and Ethiopia a much-needed, financial resource for helping their families and communities throughout their countries.
