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



Video

Bitcoin Back Above $31K, Ethereum Merge Around the Corner

Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.

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StepN Hit by DDOS Attack; S Korea’s Metaverse Studies

Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Opinioni

Il “divieto” minerario di New York è un'opportunità verde

La possibile moratoria statale sulle nuove attività minerarie basate sul carbonio potrebbe essere vista come un’opportunità.

(Karsten Würth/Unsplash)

Finanza

Bitcoin potrebbe, infatti, essere il grande "equalizzatore"

Un nuovo sondaggio globale approfondisce la percezione del Bitcoin nel mondo e i risultati sembrano essere generalmente ottimisti per l’azionario globale.

(Aziz Acharki/Unsplash)

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Bitcoin Set to Record 10-Week Losing Streak

Bitcoin (BTC) is on track to record 10 consecutive weeks of losses for the first time in its history. Quantfury CEO Ali Pourdad dicusses the potential factors driving prices lower and where we’re headed next. Plus, reactions to the latest U.S. jobs report, Elon Musk seeking 10% job cuts at Tesla.

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Tough Time for Miners: NY Passes Moratorium; Riot Blockchain Sells More Bitcoin

Miners are facing new headwinds amid the market downturn. Riot Blockchain (RIOT) is unloading more than half of the bitcoin it mined in May. Separately, the New York State Senate passed a bitcoin mining moratorium, barring new proof-of work (PoW) mining operations powered by carbon-based energy sources for two years.

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