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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
Should You Get Your Paycheck Through Bitcoin’s Lightning Network?
Bitwage, a payroll processor that uses Bitcoin’s “layer 2” scaling solution, the Lightning Network, processed the world’s first salary payment via Lightning last week. Bitwage co-founder and CEO Jonathan Chester shares insights into how it all works and who’s using the service.
Fear and Greed Index Signals ‘Extreme Fear’ as Fed Meeting Looms
The Fear and Greed Index, a tool used by some investors to gauge the market, has now signaled “extreme fear” for almost one month straight. Bitcoin was lower as the market prepares for this week’s Federal Reserve monetary policy meeting, where the U.S. central bank is expected to slow down its money printer.
Why Bitcoin Is ‘In a Great Moment’ Despite Tumbling Ahead of Fed Meeting
Marcelo Sampaio, CEO & co-founder of crypto asset manager Hashdex, discusses his bullish outlook for bitcoin despite investor jitters growing over the upcoming Fed decision on combating inflation. Plus, the state of crypto in Latin America and thoughts on stablecoins following Tuesday's Senate Banking Committee hearing.
Bitcoin Is Free and Fair but Not Progressive
A number of Democratic politicians have taken aim at the cryptocurrency when they might support it.
Bitcoin Holds Short-Term Support at $46K; Resistance at $50K
The tight price range could persist into the Asia trading day.
Should You Buy the Dip in Bitcoin?
Bullish sentiment is beginning to fade for bitcoin and the wider crypto markets, but should you buy the dip, or is it sell-off season?
Bitcoin Struggles to Break $47K as Fed Meeting Looms
Cryptocurrency investors may be moving to take risk off the table, with the Federal Reserve expected to accelerate withdrawal of its unprecedented monetary stimulus in the face of fast-rising inflation.
Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market
Backwardation refers to a market condition where futures prices trade lower than the spot price.
The Future of Crypto: The Industry That Once Focused Solely on Bitcoin Is Rapidly Evolving
Developers are striving to find decentralized blockchain products that are both scalable and secure.
First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting
An expected interest rate hike could spook investors away from higher-risk assets; the top 20 altcoins by market capitalization were firmly in the red.
