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

Barbie's Margot Robbie Has a Take on Bitcoin, Says It's a Ken Thing

MicroStrategy's Michael Saylor took the connection further, tweeting that "Bitcoin is Big Ken Energy."

Ryan Gosling and Margot Robbie attend the "Barbie" European Premiere on July 12, 2023 in London, England. (Samir Hussein/WireImage)

Markets

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk

The latest price moves in crypto markets in context for July 31, 2023.

(Kevin Ku/Unsplash)

Markets

First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return

An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?

Bitcoin weekly chart. (CoinDesk Indices)

Consensus Magazine

‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining

An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.

Gideon Powell, who runs the family business Cholla Mining, sees bitcoin miners as modern day wildcatters. (Gideon Powell)

Markets

Bitcoin and Ether Trade Quietly, but Lesser Known Names Boast Strong Performance This Week

Origin Protocol and Kyber Network lead the way among altcoin gainers.

(Unsplash)

Markets

Bitcoin Won’t Be Stuck Below $30K for Long, Crypto Options Traders Bet

BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.

BTC monthly price (CoinDesk)

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