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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
Roger Ver on Bitcoin vs. Bitcoin Cash
Evangelist, entrepreneur, and investor Roger Ver on why he thinks bitcoin cash “has the best shot at bringing the most economic freedom to the most people around the world.” Plus, his comments on Bitcoin’s Lightning Network.
Average Bitcoin Transaction Fees Are at an All-Time-High
Average bitcoin transaction fees are the highest they've ever been, reaching $59 after mining accidents in China caused power outages at the country's largest bitcoin mining operation. "All About Bitcoin" host Christine Lee with the Chart of the Day.
Is Bitcoin’s Stagnation a Sign It’s Becoming Less Volatile?
Bitcoin is known for its “lurch and lull” cycles, and last weekend’s drop in price is shaping up to be a lull as bitcoin remains stagnant around $55K. CoinDesk’s Galen Moore discusses bitcoin’s volatility and how it compares to other cryptocurrencies and DeFi.
How a Chinese Mining Accident Caused a Bitcoin 'Flash Crash'
Blackouts in China caused by coal plant accidents have been blamed for knocking out the world's biggest bitcoin mining operation in Xinjiang and cutting the global hashrate by nearly 50%. But despite the panic, the Bitcoin network continued to function normally. Jason Les of Riot Blockchain joins "First Mover" to discuss the resilience of the Bitcoin network.
Bitcoin and Ether Hit New All-Time Highs as Tesla Invests $1.5B in BTC and CME Launches ETH Futures Trading
Former Controller of the Currency Brian Brooks and CME’s Director Tim McCourt discuss the hot crypto market and regulatory implications, as fun and games with Dogecoin continues.
What's Scaring the Bitcoin Markets?
Bitcoin's price has been relatively stagnant after taking a nosedive over the weekend due to Twitter rumors and a series of mining accidents in China that impacted the hashrate. What's scaring the markets? Charlie Morris of ByteTree joins "First Mover" to share his thoughts on what's impacting the price of bitcoin and why dogecoin is spiking.
Bitcoin’s Weekend Drop Triggered Oversold Readings
The nearly 15% drop in bitcoin over the weekend triggered oversold ratings on intraday charts. Christine Lee breaks down the data in today’s “Chart of the Day.”
What Caused the Weekend BTC Flash Crash?
Bitcoin dropped nearly 15% over the weekend, triggering oversold readings. BitBull Capital CEO Joe DiPasquale joins “All About Bitcoin” to discuss what caused the sudden drop and what investors are watching now.
Chart of the Day: Privacy Coins Regaining Momentum
Privacy coins are soaring amid greater regulatory scrutiny of cryptocurrencies. Christine Lee breaks down the data in today’s Chart of the Day.
Did a Coal Mine Accident in China Impact the Bitcoin Hashrate?
A series of accidents at Chinese coal mines cut power to several Chinese bitcoin miners, which has made a slight impact on the overall bitcoin hashrate. Christie Harkin explains the situation. Plus, is bitcoin due for a correction, or will the bull market continue?