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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
Craig Wright Found Not Guilty of Fraud in Bitcoin Trial
A federal jury has ruled while Craig Wright is cleared of most charges, he must pay $100 million to W&K Info Defense in intellectual property rights, a company founded by late computer scientist Dave Kleiman. “The Hash” team unpacks the jury’s decision in Bitcoin’s landmark case and why this is a continuing story to watch.
Is Bitcoin Due for Lower Lows?
Trade the Chain Research Analyst Nick Mancini discusses his crypto markets analysis and outlook, explaining whether another price dip could be imminent. Plus, insights into bullish sentiment for ether, open interest for bitcoin, and institutional activity in crypto.
Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’
Bitcoin may not be able to build on the relief rally as it heads into the year-end, a key technical indicator that's flipped bearish amid heightened macro risks indicates. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin’s Next Move After Dropping to $42K Saturday
Bitcoin IRA COO & Co-Founder Chris Kline discusses his crypto markets update and outlook following bitcoin’s near-20% sell-off over the weekend. Plus, insights into bitcoin demographic trends he’s tracking at his firm.
How Bitcoin Set Itself Up for This Sell-Off
Over the weekend, a sell-off in the spot market triggered several hundred million dollars worth of futures liquidations that helped to send prices plummeting further. New data reveals the conditions that potentially set the stage for big price movements in one direction or the other.
Craig Wright Found Not Liable for Breach of Kleiman Business Partnership
A federal jury ruled Craig Wright, the Australian who claims to have invented Bitcoin, is clear from all charges but must pay $100 million to W&K Info Defense Research, a company founded by his former business partner Dave Kleiman. The jury was not asked to decide on the identity of Satoshi Nakamoto.
Is Crypto Dead in China?
Bitcoin and the crypto markets continued their slow recovery from this weekend’s pullback. Huobi Brokerage Director Victor Wei discusses the state of crypto in China and the potential impact of the country’s lending situation on price movements. Plus, insights into Huobi’s business operations in China and globally.
Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides
El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason.
First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise
Bitcoin trading volume was down for the second consecutive day,
Craig Wright Found Not Liable for Breach of Kleiman Business Partnership
A jury ruled Wright must pay $100 million to W&K Info Defense Research but cleared him of all other charges.
