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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
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
Early morning gains for the crypto were quickly erased in Thursday afternoon trading.
Should We Worry About Tether’s Bitcoin-Buying Plan?
Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
Attendance at World's Largest Bitcoin Conference Down by Half as 'Crypto Winter' Drags On
Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers.
Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High
Occasionally referred to as "silver to bitcoin's gold," Litecoin has chalked out a double-digit price rally over the past week.
First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling
The latest price moves in crypto markets in context for May 18, 2023.
Pepe-Themed ‘Bitcoin Frogs’ Becomes Most Traded NFT Amid Bitcoin Ordinals Hype
Some $2 million worth of NFTs have been exchanged in the past 24 hours.
First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto
PLUS: We really need to see the Hinman emails.
The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today
Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series.
