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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
Number of Bitcoin Whales Jumps to Highest Since January 2021
Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.

Protocol Village: Blockchain Key Manager Cubist, Led by Carnegie Mellon Prof, Launches Bridge-Security System 'Bascule'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 17-23.

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.

Bitcoin Startup Satflow Targets 'Mempool Sniping' in New Token-Trading Rival to Magic Eden
The project, which recently raised $7.5 million, says the new decentralized exchange (DEX) will target the market for Bitcoin-based tokens including Ordinals NFTs and Runes fungible tokens – aiming to curb unsavory transactional practices that are possible due to the blockchain's long block times.

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.

Peter Todd Says Even Reports of His 'Going Into Hiding' Are Exaggerated
Weeks after a widely panned HBO documentary claimed Todd is Bitcoin creator Satoshi Nakamoto, Wired reported the former Core dev is avoiding the public eye. Yet he's speaking at conferences.

First Mover Americas: BTC's Fall Below $67K Prompts Broad Market Dip
The latest price moves in crypto markets in context for Oct. 23, 2024.

Musk’s Tesla Still Holds $780M Bitcoin, Arkham Says, Ahead of TSLA Earnings
Those wallets continue to hold that BTC and haven’t sent any to crypto exchanges as of Wednesday, which is usually a sign of sales.

Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.
