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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
Google Backs Energy Web’s Project to Help Bitcoin Miners Support Green Energy
Energy Web, the company behind the Crypto Climate Accord initiative which aims to have the entire crypto industry run on renewable energy by 2025, is now backed by Google in a new project to help bitcoin miners access local energy markets and support a fully green grid.
Bitcoin Halving Stock-to-Flow Projection
Pantera Capital predicted a year ago that bitcoin’s price would hit $63K this week — and that’s exactly what happened. Based on previous halving and subsequent price increases, Pantera predicts bitcoin will surpass $115K by August 2021. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Ex-Acting CIA Director: Concerns About Criminals Using Bitcoin Are 'Significantly Overstated'
In a recent paper published by the Crypto Council for Innovation, Michael Morell, the former acting director for the CIA, pushed back against Janet Yellen and other government officials' concerns about the dangers of cryptocurrencies. Nikhilesh De breaks down the contents of Morell's paper on "First Mover."
Bitcoin Hits New All-Time High Breaking Through $63K. What Happens Next?
It’s a big day for crypto. Ahead of the Coinbase public listing Wednesday, both BTC and ETH have hit new all-time highs. Dee Choubey, CEO of MoneyLion, joins “First Mover” to weigh in on the crypto markets.
Forex’s Matt Weller: ‘Fundamentals of the Blockchain Supporting Bitcoin Have Never Been Stronger’
Matt Weller of Forex.com and City Index on bullish signs for bitcoin and why “the network is more secure, more powerful, more trusted than it ever has been.”
Miners ‘HODL’ in Bullish Sign for BTC
Bitcoin miners are holding onto their earned bitcoin more than they are selling it, according to a chart by GlassNode. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
What To Expect Ahead of Coinbase’s Public Listing Next Week
Coinbase is set to go public on April 14th, and stock value speculations have soared after Coinbase shared its stellar Q1 earnings. Plus, are we going to see bitcoin break out of its current price band? The “All About Bitcoin” Week Ahead panel discusses what to expect for bitcoin next week.
Fewer People Used Stimulus Checks to Buy Bitcoin Than Expected
Data collected from various crypto exchanges shows that predictions that many people would use their latest $1,400 stimulus checks to buy bitcoin were overestimated. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Real Estate Magnate Rick Caruso is Accepting Rent in Bitcoin
Mall magnate and real estate investor Rick Caruso will begin accepting bitcoin payments for commercial and residential rent. Caruso is also partnering with Gemini to explore crypto rewards programs. “The Hash” panel discusses the intersection of crypto and real estate.
Meltem Demirors Explains the Crypto Climate Accord and Seeks to Set the Bitcoin Mining Energy Record Straight
Bitcoin and other decentralized networks are notoriously leaderless, which makes organization challenging. So how will the new Crypto Climate Accord get the entire industry on board with its plan for net-zero emissions from mining by 2025? Meltem Demirors, chief strategy officer of CoinShares, joins "First Mover" to discuss her company's involvement in the accord and dispel myths around crypto networks destroying the environment.