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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
How Bitcoin Is Being Adopted Faster Than the Internet in the 2000s
In today’s Chart of the Day segment, Christine Lee pays homage to Bitcoin on-chain analyst Will Woo by presenting a chart he published last year illustrating bitcoin's adoption rate outpacing that of the internet in the early 2000s. Plus, a look into BTC’s short-term trading range amid negotiations between Russia and Ukraine.
OKCoin and Stacks Pledge $165M to Support Bitcoin-Related Projects
Cryptocurrency exchange OKCoin has pledged $165 million for an initiative called “Bitcoin Odyssey” which will work in conjunction with the Stacks Accelerator and Stacks Foundation to promote bitcoin-adjacent projects on the Stacks network. “The Hash” discusses the significance of bringing new aspects like smart contract functionality to the bitcoin blockchain since it is the most widely used decentralized network.
Inflation Reaches 40-Year High of 7.9%, Can Bitcoin Help Consumers?
"The Hash" discusses what U.S. inflation rates at 7.9%, a level not seen in over 40 years, means for consumers in their necessary expenses and if bitcoin presents a solution to these concerns. Plus, a conversation on other assets like gold as an inflation hedge and rising oil prices following the Russia-Ukraine war.
Visions Federal Credit Union Launches Bitcoin Services Through NYDIG Partnership
Joining “First Mover” to explain their ambition to increase bitcoin accessibility for Americans is NYDIG Chief Innovation Officer Patrick Sells and Visions Federal Credit Union Chief Digital Officer Tom Novak.
O que é mineração em nuvem?
A mineração em nuvem é uma forma prática de ganhar Criptomoeda alugando poder de computação de fontes de terceiros.
Where Is Bitcoin Price Headed After Biden’s Crypto Executive Order Announcement?
Damanick Dantes, CoinDesk markets reporter, joins “All About Bitcoin” to share his bitcoin price analysis following President Joe Biden’s executive order on cryptocurrency oversight. Dantes discusses the waning of BTC’s bearish sentiment and macro factors that can influence price volatility and highlighting the key support and resistance levels to watch.
Por que as sanções russas podem levar as empresas à Cripto
A súbita desconexão da Rússia do sistema financeiro global é um momento de reflexão. Mas a fragmentação económica tem um custo.
Market Rally as Biden Signs Crypto Executive Order
John Sarson, Sarson Funds CEO and founder, joins “First Mover” to provide his analysis on the current state of the crypto markets amid a recent price rally for cryptocurrencies.
Is Bitcoin the 'Safe' Crypto Asset?
Noelle Acheson, Genesis Global Trading head of market insights, joins “All About Bitcoin” to discuss the current state of bitcoin’s price as the Russia-Ukraine conflict impacts markets across the globe and the U.S. federal reserve is mulling a half-point rate hike later this month. Acheson explores BTC’s volatility, bitcoin dominance, and rising oil prices.
Nickel Surges Above $100K, Investors Piling Up USDT
Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.