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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
XRP Leads Recovery Among Major Cryptocurrencies; Fed Policymakers Back 75 Basis Point Hike
Two at the central bank favor higher rate increases to beat price pressures even if it means slowing growth.
Bitcoin 'Bear Cross' Raises Outlook for Bull Revival
A bearish but historically contrary indicator suggests an end to the market decline and a bullish revival ahead.
First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K
The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.
Bitcoin Core Developer Pieter Wuille Scales Back His Maintenance Role
Peter Wuille has surrendered his maintenance permissions but will continue contributing to various Bitcoin projects.
Bruce Fenton on Running for New Hampshire Senate Seat
Bitcoiner and Chainstone Labs CEO Bruce Fenton discusses running for the Republican nomination for New Hampshire’s seat in the U.S. Senate and the role of crypto in his campaign. Plus, outlook for CBDCs.
Bitcoin Rebounds Past $21K
As bitcoin gains ground above $21,000, QCP Capital co-founder & Chief Investment Officer Darius Sit discusses the potential factors driving BTC’s price higher, citing “reduced fear in the market.” Plus, Three Arrows Capital’s (3AC) contagion effect.
Market Wrap: Bitcoin Climbs Above $21K for First Time in a Week
BTC’s gains tracked equity markets, which also rose in Thursday trading; most ether stakers are “underwater,” a Glassnode report says.
Nic Carter and the True Meaning of Bitcoin Maximalism
Crypto analyst and venture investor Nic Carter clashed with bitcoin maximalists after he announced an equity investment in multi-chain start up “Dynamic.” “The Hash” squad discusses the ongoing fight and whether it could signal the end of bitcoin maximalism as an ideology.
First Mover Americas: ETH Climbs 4% as Traders Are Optimistic About Upcoming Merge
The latest moves in crypto markets in context for July 7, 2022.
