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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
Victory Capital Exec. on Web 3 Decentralization: ‘It’s Not All or Nothing’
Mannik Dhillon, president of Victory Capital, shares his take on Square CEO Jack Dorsey’s statements about venture capital’s control over Web 3 initiatives and the reality of bitcoin maximalism. Plus, Dhillon’s analysis on the current BTC market and price predictions for 2022.
Bitcoin Mining Profitability Starts Falling After Stellar Year: Research
The end of 2021′s crypto mining gold rush may have just started.
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.
El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century
In announcing the purchase on Twitter, President Nayib Bukele also noted the country’s land area is 21,000 square kilometers.
First Mover Asia: Asia Bump Sends Bitcoin Over $49K
Selling pressure from Asia appears to be abating, the Hong Kong crypto lender Babel wrote.
Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin
Dogecoin pumped along with bitcoin thanks to some high profile tweets.
NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market
Peak popularity does not imply an increase in actual buying pressure from retail investors.
Jack Dorsey Backs Bitcoin as Dollar’s Replacement but Questions Web 3
The Twitter and Block co-founder is a supporter of crypto, but not so keen on how Web 3 is being funded.
Bitcoin Falls Over 30% From All-Time High in November
Mauricio Di Bartolomeo, Ledn Co-Founder & Chief Strategy Officer, shares insights into his firm’s bitcoin-backed loan project and how it can be useful to those looking to buy real estate but face challenges with traditional mortgages. Plus, his take on the crypto markets as bitcoin falls over 30% from its all-time high in November.
