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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
Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How Mt Gox's Expected Bitcoin Release Could Impact Crypto Market
Roughly $3 billion worth of bitcoin (BTC) may soon be released into the crypto market, as Mt Gox is expected to distribute funds to creditors. "The Hash" panel discusses the potential outcomes.
Bitcoin Drops Below $20K as Inflation Data Looms
Bitcoin (BTC) is dipping below the $20,000 mark as a sell-off in traditional markets saw equity indexes decline. Toroso Investments Chief Investment Officer Michael Venuto discusses his outlook on the crypto markets ahead of CPI data Wednesday and the future of crypto regulation.
«Медвежий флаг» Bitcoin , рынок Криптo намекает на риск снижения
Хеджирующее поведение маркет-мейкеров Bitcoin может усугубить падение цены, если произойдет сбой в медвежьей модели графика.
Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest
Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Binance Launches Zero-Fee Bitcoin Trading, Volume Spikes
New data shows skyrocketing bitcoin trading volume on crypto exchange Binance immediately after 0% commission trading went live earlier Friday. CoinDesk Regulatory Reporter Amitoj Singh breaks down the Chart of the Day.
Bitcoin Outlook Amid Macro Headwinds
The Labor Department reported employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Medley Global Advisors Managing Director Ben Emons discusses what this means for bitcoin and why it should calm fears of a recession.
Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."