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
Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge
Ether was down more than 9% at one point as traders decided to “sell the fact” following a nearly seamless Ethereum Merge.
Bitcoin Outlook After Ethereum’s Historic Upgrade
CoinDesk Managing Editor of Technology Christie Harkin and Tech Reporter Sam Kessler discuss the road ahead for bitcoin (BTC) after Ethereum successfully shifted from proof-of-work to proof-of-stake. Plus, insights into the debate around ether (ETH) and bitcoin’s environmental impacts.
1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs.
SEC Chair Gensler on Securities Definition, Working With the CFTC
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler explains why different regulatory entities need to have an overarching definition of a security and collaboration with the CFTC if bitcoin is considered to be a commodity.
Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge
The "Change the Code, Not the Climate" campaign is upping its efforts following Ethereum's switch to proof of stake.
First Mover Americas: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies
The latest price moves in crypto markets in context for Sept. 15, 2022.
First Mover Asia: DeFi Builders Speak Out; What the Crowd Is Getting Wrong About the Ethereum Merge
The Merge will lead to the reduction of the Ethereum blockchain’s carbon footprint, but it will not lower gas fees or improve Ethereum’s scalability, coders behind popular Ethereum-based projects said; bitcoin trades sideways.
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge
Investors remain cautious in the final hours before the much-anticipated network upgrade event.
Bitcoin After the Ethereum Merge: Experts Weigh In
The immediate impact of the Merge on Bitcoin will probably be minimal.
