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



Finance

German Asset Manager Union Investment Plans to Bring Bitcoin to Its Private Wealth Clients: Report

Cryptocurrencies may see further mainstream adoption in Germany.

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Markets

Bitcoin Tops Resistance at $51K as Golden Cross Nears

Bitcoin eyes first golden cross since May 2020

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Markets

Crypto Long & Short: The Trouble With Ticker Symbols

Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.

Jeremy Bezanger/Unsplash

Markets

Market Wrap: Bitcoin and Ether Cross Milestones as Rally Continues

Bitcoin hit $50K and ether approached $4K as risk appetite heats up.

Bitcoin 24-hour chart (CoinDesk)

Tech

Bitcoin Won’t Save the Afghan People

Crypto activity in the collapsing country is likely a sign of capital flight by corrupt elites, not aid or remittances flowing in, according to one expert.

Afghan refugees in Indonesia. Banking bans and a lack of cryptocurrency infrastructure will add major barriers to Afghans trying to send money home. (Getty Images)

Markets

Bitcoin Returns Near $50K, Next Resistance at $55K

A breakout could yield further upside towards $55K.

Bitcoin daily price chart (CoinDesk, TradingView)

Policy

Most Salvadorans Do Not Want Bitcoin, Poll Shows: Report

More than two-thirds of people in a survey disagreed or strongly disagreed with using bitcoin as legal tender.

National Palace, San Salvador, El  Salvador. (Wilson Edilberto Santana Suarez/Unsplash)

Markets

Market Wrap: Bitcoin Enters September Slowdown; Cardano’s ADA at New High

Analysts expect bitcoin to weaken this month, as it has in the past, before the next leg up.

Bitcoin 24-hour chart (CoinDesk)

Videos

Voyager Digital CEO on $900M Token Swap and Merger

Voyager Digital CEO Stephen Ehrlich discusses what's next for his crypto brokerage company following the $900 million token swap between its original VGX token and LGO, a token originating from a French digital asset exchange that his firm acquired last year. Plus, insights into why he expects an uptrend in bitcoin's price in September and throughout the rest of the year, institutional investments, and regulatory concerns.

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