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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
Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral
The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.
Bitcoin Whale Holdings Reach 2021 High Amid Inflation Fears
The renewed buying amid rising inflation expectations across the globe suggests investment is the primary use case for bitcoin.
Carbon Offsets Are a Distraction for Crypto
Companies like BitMEX shouldn’t follow the corporate trend in buying these financial assets and build renewables instead.
Miami Mayor Suarez to Take Next Paycheck in Bitcoin
Francis Suarez, who is up for re-election Tuesday, seemed ready to use Strike’s dollar-to-bitcoin conversion service.
OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments
The move comes as payment firms seek to integrate cryptocurrency into their offerings for merchants.
Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally
Crypto mining stocks are surging as bitcoin mining hashrate falls, helping to keep profit margins elevated.
Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami
At the center of the case: the potential ownership of 1.1 million BTC.
Market Wrap: Bitcoin Rangebound as Traders Expect Strong November
Some analysts expect a slight pullback ahead of a seasonally strong period for crypto prices.
Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth
The Canadian miner expects to expand its bitcoin mining power by 11% in November, after achieving 1.8 EH/s in October.
