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: Bitcoin Prices Pull Back Ahead of US Inflation Report

Global markets are awaiting the data release scheduled for Wednesday.

By Glenn Williams Jr., Jimmy HeAug 9, 2022

BTC fell 4%, retreating like the tide to under $23,000. (Tim Donnelly/Unsplash)

Mercado Libre to Expand Crypto Trading Across Latin America

The company’s Mercado Pago digital wallet began allowing crypto buys and sells in Brazil in December, and quickly nabbed 1 million users.

By Andrés EnglerAug 9, 2022

A Mercado Libre distribution centre. (Ministry of Economy, Government of Chile)

Inflation Probably Slowed in July, but Not by Enough to Trigger Crypto Bull Run

Goldman Sachs still sees the risk of higher consumer prices.

By Omkar GodboleAug 9, 2022

The Fed is unlikely to take comfort from the slight expected decline in the headline Inflation. (stevepb/Pixabay)

First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork

The latest price moves in crypto markets in context for Aug. 9, 2022.

By Lyllah Ledesma, Will Canny, Omkar GodboleAug 9, 2022

The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)

First Mover Asia: BTC Holds Near $24K; Why Do We Need EthereumPOW When We Have Ethereum Classic?

Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future.

By James Rubin, Sam ReynoldsAug 9, 2022

Vitalik Buterin en conversación con periodistas en ETHSeoul. (CoinDesk)

Market Wrap: Bitcoin Climbs Above $24K

The cryptocurrency is largely tracking stocks.

By Glenn Williams Jr., Jimmy HeAug 8, 2022

BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)

Crypto Mixing Service Tornado Cash Blacklisted; Novogratz’s Galaxy Digital Reports Q2 Net Loss

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OAug 8, 2022

The Hash

First Mover Americas: Bitcoin Passes $24K for First Time in August; Ethereum’s Buterin Shrugs Off Fork Talk

The latest price moves in crypto markets in context for Aug. 8, 2022.

By Lyllah Ledesma, Omkar Godbole, Shaurya MalwaAug 8, 2022

BTC climbed above $24,000 with volume levels around 310 million. (Daphné Be Frenchie/Unsplash)

First Mover Asia: Bitcoin Above $23K in Weekend Trading; an Edgy Environment at Seoul's Blockchain Megaweek

Ether and most other major altcoins trade sideways as investors await further economic indicators.

By James Rubin, Sam ReynoldsAug 8, 2022

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

Move Over, Ethereum – Bitcoin’s Lightning Network Has Apps, Too

Bitcoin’s dominant scaling system continues to grow despite a formidable bear market.

By Frederick MunawaAug 7, 2022

(Clinton Naik/Unsplash)

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