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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
Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, a new decentralized autonomous organization, or DAO, is designed to encourage builders and users of Rootstock – one of the oldest and most closely watched projects among the fast-growing ranks of layer-2 blockchains built atop Bitcoin.
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners.
First Mover Americas: Bitcoin Tops $58K After U.S. Tech Stocks Rise
The latest price moves in crypto markets in context for Sept. 12, 2024.
Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level
High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.
Bitcoin Yields as High as 45% on Offer in Pendle's New Pools
The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.
Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows
Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.
Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms
SUI outperformed the market, rising over 16%, possibly due to Grayscale's new Sui Trust announcement.
Protocol Village: Oracle Platform DIA Introduces 'Lumina,' HashKey Cloud Helps Decentralize Metis Sequencer
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 5-11.
