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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
What Is the Bitcoin Block Size Debate and Why Does It Matter?
The debate over the size of Bitcoin’s blocks has been called its “constitutional crisis,” splitting the community right down the middle.
US September Jobs Report Misses, Amid Fed Tapering Speculation
August’s jobs number was revised up by 131,000. Bitcoin prices hold steady after the report.
Bitcoin Remains in Bull Territory While Polygon’s MATIC Awaits Breakout
Bitcoin topped $56,000 early Friday.
2020′s Bull Redux? CME Improves Its Ranking in Biggest Bitcoin Futures Exchanges List
CME jumps from last month’s fourth place, while Binance retains the top spot.
Pro-Crypto Senator Lummis Discloses Bitcoin Purchase Worth Up to $100K
Lummis executed her latest purchase on Aug. 16 from the brokerage firm River Financial, according to a filing on Thursday.
Colombian Fintech Movii Raises $15M in Series B Round
Movii said that it was targeting some of the funding to develop a bitcoin purchasing service.
Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.
Highlights From CoinDesk’s Bitcoin for Advisors 2021
Notable keynote speakers including Ric Edelman, Michael Kitces, Michael Sonnenshein, Tyrone Ross, Dani Fava and many more offered their perspectives on all things bitcoin for financial professionals.
Market Wrap: Analysts Bullish on Bitcoin as Trading Volume Rises
Historically, bitcoin produces positive returns in the fourth quarter, underpinning bullish price estimates.
