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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 Held on Binance Surges to Record High of 692K BTC: Glassnode
The tally has increased by more than 50,000 bitcoins in four weeks, reversing the exodus seen late last year.
Hamas' Military Wing to Stop Accepting Bitcoin Donations: Report
The Izz ad-Din al-Qassam Brigades said the move is to protect donors from harm.
Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg
More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the firm said.
MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target.
Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
Bitcoin's "long-term holder spent output profitability ratio" shows coins moved on-chain that have a lifespan of at least 155 days or higher are being sold for a profit.
South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.
First Mover Asia: Bitcoin Holds Steady Above $29K as Investors Look Toward Next FOMC Meeting
ALSO: William Shatner, "Star Trek" star, releases an NFT collection and touts the potential of crypto in an entertaining half-hour discussion at CoinDesk's Consensus 2023 conference.
Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
BTC dipped slightly during U.S. morning trading Thursday on the Commerce Department reporting a tepid gain in GDP for the first quarter and disappointing personal consumption data, before rebounding.
Russian Bitcoin Wallets Allegedly Exposed by Apparent Hacker
A mysterious bitcoiner used the OP_RETURN field to call out wallets controlled by FSB and GRU.
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in crypto markets in context for April 27, 2023.
