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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
Why Aren’t More Bitcoin Holders Using Secure Multi-Sig Addresses?
According to data from Coin Metrics and BitMEX, the amount of bitcoin stored in multi-signature wallets has increased 60% since 2018 but has remained flat ever since June 2019. “All About Bitcoin’s” host Christine Lee breaks down the data.
Palestinian Militant Group Hamas Sees Increase in Crypto Donations Since Start of Conflict With Israel Last Month
The Palestinian militant group Hamas has seen a surge in cryptocurrency donations since the start of the escalating conflict in besieged Gaza. “The Hash” team explores bitcoin as a tool for freedom, and its role in the global financial system.
Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold
Jeff Currie, Goldman Sachs’ head of commodities research, said Tuesday cryptocurrencies are not a substitute for gold when looking for an inflation hedge, but for copper. He noted that while gold is viewed as a haven asset, both bitcoin and copper behave as “risk-on” inflation hedges. “The Hash” panel digs into the assessment.
Bitcoin Is Rangebound so What Are Crypto Analysts Watching?
We get a crypto markets update and outlook from Michele Schneider, MarketGauge Group managing director.
Seeking Direction: Price of Bitcoin Struggling for a Breakthrough
The price of bitcoin dropped 35% in May, registering one of its most significant monthly drops on record. In the wild trading sessions last week, the bitcoin price fell below a 200-day simple moving average. What's the psychological support level for BTC, and where would it go from here? Christine Lee reviews the Chart of the Day.
Marathon Digital Says It Will No Longer Censor Bitcoin Transactions
Marathon Digital Holdings CEO Fred joins “All About Bitcoin” to explain the company’s latest move to no longer block transactions that originated from addresses associated with sanctioned entities. “Marathon is committed to the core tenets of the Bitcoin community, including decentralization, inclusion, and no censorship,” Thiel said.
Bitcoin Price Outlook With Arca’s Jeff Dorman
Bitcoin markets analysis and predictions from Arca Chief Investment Officer Jeff Dorman.
Marathon Digital Reverses Course on Censoring Bitcoin Transactions
North American-based bitcoin mining firm Marathon Digital has rescinded its previous attempts to censor transactions on the Bitcoin network. It will validate all transactions on the blockchain as well as signal in favor of the new Taproot upgrade. “The Hash” panel digs into the news and what it means for the bitcoin community.
Human Rights Foundation Gives Out $210K in Bitcoin Development Grants
The Human Rights Foundation, which is no stranger to the bitcoin space, will allot $210K in Bitcoin Development Grants to fund Lightning Network development, Utreexo work, and even Arabic translations of Bitcoin content. “The Hash” panel discusses the HRF stepping up its grant work and the more enormous implications for crypto across the globe, particularly in the Middle East.
Why Isn’t Biden’s $6T Spending Plan Boosting the Price of Bitcoin?
It has been a long-time belief in the crypto space that inflationary fears drive up the price of bitcoin, but the markets aren’t jumping today over President Biden’s expected $6 trillion budget proposal for fiscal year 2022. “The Hash” panel breaks down why sentiment may have changed.