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



Tech

The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

The launch of Casey Rodarmor's new Runes protocol sent fees surging as users rushed to etch new digital tokens that can be launched atop the Bitcoin blockchain.

Screenshot of livestreamed watch party hosted by Tone Vays (YouTube)

Consensus Magazine

Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him

The Human Rights Foundation has set aside 33 bitcoin to honor individuals who contribute to Bitcoin's advancement.

(Hal Finney)

Markets

Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound

IntoTheBlock data shows that the largest bitcoin investors added nearly 20,000 BTC to their holdings as the top crypto briefly buckled below $60,000 on fears of military escalation between Iran and Israel.

Whales feeding (Shutterstock)

Opinion

Bitcoin Will Power the Next DeFi Summer

The blockchain is emerging as a critical security-provider for decentralized apps and as an asset with newfound utility and interoperability.

Token unlocks are usually bearish events, increasing a token's supply.(FLY:D/Unsplash)

Consensus Magazine

Google Searches for 'Bitcoin Halving' Get Higher Than 4/20

One of the closely watched indicators of retail interest is booming.

(Dylan Mullins/Unsplash)

Opinion

Leaving Behind Bitcoin Sectarianism

After years of infighting over how to scale the blockchain, the community is again experimenting with ways to turn Bitcoin into a suitable platform to develop on.

Bitcoin slips to 200-day average. (Zdeněk Macháček/Unsplash)

Markets

Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says

These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.

Globe, World (Kyle Glenn/Unsplash)

Markets

First Mover Americas: Bitcoin Price Bounces as Halving Nears

The latest price moves in crypto markets in context for April 19, 2024.

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Markets

Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year

The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.

(Jesse Hamilton/CoinDesk)

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