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



Markets

Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm

The market might take a breather this weekend, says Singapore's QCP Capital.

(CoinDesk Indicies)

Markets

Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'

Bitcoin could consolidate first before reclaiming the $69,000 level to reignite its uptrend, one trader noted.

Bitcoin price on March 21 (CoinDesk)

Markets

First Mover Americas: Crypto Market Volatility Heats Up

The latest price moves in crypto markets in context for March 21, 2024.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase

The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.

Halving (Shutterstock)

Markets

Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How

Speculative frenzy characterised by irrational exuberance and greed is an infamous sign of an impending market top.

Tracking via a binocular. (12019/Pixabay)

Technology

Protocol Village: Mysten Labs, Developer Behind Sui Blockchain, Claims to Achieve 'Linear Scaling'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 14-March 20.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars

Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.

Bitcoin price on March 20 (CoinDesk)

Technology

The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins

There's no slowdown in blockchain news, with Ethereum's Dencun upgrade in the rear view mirror and Bitcoin's halving now just over three weeks away. We spoke with Solana's Anatoly Yakovenko about the meme coin frenzy stressing the suddenly-active blockchain.

(Jairph/Unsplash)

Pageof 865