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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
Bitcoin’s Bull Flag Breakout Suggests More Upside
Bitcoin's price bounced to $66,000 Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Is Bitcoin's Taproot Upgrade Already Priced In?
Jason Deane, a Bitcoin analyst at Quantum Economics, discusses his views on the impact of Taproot on bitcoin's price as the technical upgrade went into effect Sunday. "There are a lot of people forecasting 6 figures," Deane said. "I think it's possible."
What to Know About Taproot, Bitcoin's Long-Anticipated Upgrade That Just Activated
The Bitcoin Taproot upgrade, which aims to improve privacy and efficiency on the blockchain network, went live Sunday. "The Hash" team discusses the significance of Bitcoin's most significant network upgrade in four years and what it means for the bitcoin community.
Steady Interest in Bitcoin Keeps Money Flowing Into Crypto Funds
Investment products focused on the largest cryptocurrency gained $98 million, up from $95 million the week before.
Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated
Taproot gives developers an expanded toolbox to work with as they continue to ideate, iterate and build on Bitcoin.
Titan Investment: 'Bitcoin's $60K-$100K Run Will Be Moved by Retail'
Following the activation of Bitcoin's long-awaited Taproot upgrade, Gritt Trakulhoon, an analyst at Titan, discusses his bitcoin analysis and outlook. "Right now, you can see that the run from $30K to $60K for bitcoin was .. moved by institutions," Trakulhoon said. "I believe $60K to $100K will be moved by retail."
Taproot Goes Live, Hong Kong Crypto Kidnap
Chinese official expelled over crypto mining. Bitcoin's Taproot upgrade goes live. Hong Kong police make arrests after crypto kidnapping. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin’s Long-Anticipated Taproot Upgrade Now Activated
Taproot, the long-anticipated Bitcoin upgrade, activated Sunday at block 709,632, opening the door for developers to integrate new features that will improve privacy, scalability, and security on the network. CoinDesk Managing Editor for Technology Christie Harkin explains how it works and the new features this upgrade could bring to the network.
Marathon Digital to Raise $500M in Convertible Notes
The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.
