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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
First Mover Asia: Bitcoin Holds Above $28K as Investors Await Fresh Productivity, Jobs Data
ALSO: Sam Reynolds writes that decentralized-focused tokens, including LDO and DYDX, were the quarter's best performers. Their gains came as U.S. regulators ratcheted up their scrutiny of centralized exchanges.
Balaji Srinivasan’s $1M Bitcoin Bet Could Be Right, but I Hope He’s Wrong
Bitcoin podcaster Peter McCormack writes about the seeming return of bitcoin's inflation hedge thesis, and what it takes to get people into bitcoin.
ZeroSync and Blockstream to Broadcast Bitcoin Zero-Knowledge Proofs From Space
The partners say using zero-knowledge proofs will allow Bitcoin nodes to sync quickly from anywhere on earth, “even without Internet.”
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
The largest crypto by market value soared 21%. Mask Network’s MASK surged more than 68%, to rank as March's top-performing token, while XRP rose 41%.
U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members
The National Futures Association, which includes firms trading crypto futures, is imposing anti-fraud standards and supervision demands for those engaging in bitcoin and ether trading.
Investors Pour Money Into Crypto Investments for 4th Straight Month
Assets under management for digital-asset products climbed to $13.4 billion in March, up 60% from their 2022 low in November, according to CryptoCompare.
Planners of Bitcoin Conference in Atlanta Move to Open Source Their Agenda
The conference has been running since 2018 but topics and speakers for this year's TABConf event will be chosen partly based on proposals from the general public via GitHub.
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
The government will sell the remaining 41,490 BTC in four tranches this year.
First Mover Americas: XRP Marches Forward
The latest price moves in crypto markets in context for March 31, 2023.
Bitcoin Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave
WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC.
