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

Finance

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.

By Michael BellusciMar 29, 2022

Close up of a woman's hand paying with her smartphone in a cafe, scan and pay a bill on a card machine making a quick and easy contactless payment. NFC technology, tap and go concept

Tech

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.

By Eliza GkritsiMar 29, 2022

Ripple Executive Chairman Chris Larsen (Ripple)

Finance

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.

By Aoyon AshrafMar 29, 2022

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).
(Stronghold Digital Mining)

Finance

MicroStrategy Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin

The term loan can also be used for general corporate purposes.

By Brandy BetzMar 29, 2022

Markets

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.

By Omkar GodboleMar 29, 2022

Bitcoin nears the 200-day moving average after a 25% rise in two weeks. (TradingView)

Layer 2

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.

By Alex GladsteinMar 28, 2022

Alex Gladstein of the Human Rights Foundation speaks at Consensus 2019.

Markets

First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher

Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.

By Sam Reynolds, Damanick Dantes, James RubinMar 28, 2022

Podcasts

Inside Ukraine’s Crypto Donation Campaign

By Dan Ilett, Danny Nelson, Benjamin Schiller, Danny BradburyMar 28, 2022

Markets

Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate

Crypto prices are rising after the Luna Foundation Guard purchased $1 billion worth of BTC.

By Damanick Dantes, Angelique ChenMar 28, 2022

Videos

Abra CEO on Why He Thinks ETH Will Eventually Overtake BTC

Abra CEO Bill Barhydt explains why ether could overtake bitcoin following its upgrade to a proof-of-stake mechanism, highlighting the many use cases for the Ethereum network, ranging from NFTs to DeFi applications. Plus, a conversation about crypto leaving centralized exchanges and Abra’s digital asset lending programs.

Mar 28, 2022

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