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



Finance

Bitcoin Miner Marathon Confirms Mining Invalid BTC Block Due to a Bug

The block was invalidated due to a "transaction ordering issue."

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Markets

Bitcoin, Ether Prices Stay Flat as Traders Eye Return of U.S. Equities Correlation

Crypto majors lost just under 0.5% as U.S. markets closed lower on Tuesday.

(PIX1861/Pixabay)

Markets

Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days

The spread between dominant crypto options exchange Deribit's forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7.

La volatilidad de bitcoin y ether está haciendo tambalear tanto a alcistas como bajistas. (Matt Hardy/Unsplash)

Policy

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.

Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)

Markets

Bitcoin Barely Holds $26K as Interest Rate Surge Continues

Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking another 1% to its lowest level since early June.

Bitcoin slips as rates stay high (CoinDesk)

Tech

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds

The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

(PM Images/Getty Images)

Tech

Arbitrum Users Can Now Trade Bitcoin Mining Power With Each Other

Bitcoin miners have the ability to easily buy and sell hashing power to interested purchasers. The trades will be routed through smart contracts and will specify hashrate amount, duration and price.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

First Mover Americas: Coinbase Registers With Central Bank of Spain

The latest price moves in crypto markets in context for Sept. 26, 2023.

Coinbase CEO Brian Armstrong (Coinbase)

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