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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
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
The software firm reported its second-quarter earnings after the close on Tuesday.
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
Similar uneventful periods in the past preceded major eruptions in volatility for BTC’s price, noted a research firm.
Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
The environmental argument against bitcoin "should not be used as a smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr said.
Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says
The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.
First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July
The latest price moves in crypto markets in context for August 1, 2023.
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.
DeSantis Accuses Biden of 'War on Bitcoin,' Vows to Stop It if Elected President
DeSantis is likely referring to the recent action by the Securities and Exchange Commission (SEC) against multiple crypto exchanges.
