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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 Plunges Below $25K, Lowest Level Since December 2020
A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset.
First Mover Asia: Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns
Ether and other major altcoins underperformed BTC over the weekend as investors continued to steer away from riskier assets; Is there a case for inflation?
Mainstream Media Coverage of Crypto Market
John Divine, U.S. News & World Report senior financial markets editor, and Katie Canales, Insider Tech & Crypto reporter, discuss how the mainstream media covers bitcoin and what is resonating with their readers.
Texas Feels Like Bitcoin Country (Maybe Because I Was There for a Bitcoin Conference)
A Bitcoin developer conference last week put three important Bitcoin themes in focus: lightning, design and education.
Bitso Making 'More Money' Off of Remittances: CEO
Daniel Vogel, Bitso CEO & co-founder, discuses his outlook on the recent crypto market volatility and the fair value for bitcoin.
Compass Mining: Bringing Bitcoin Mining to the Masses
In this segment of “Crypto Gadgets & Gear,” live from Consensus 2022 in Austin, host Jenn Sanasie sits down with Jameson Nunney of Compass Mining who brought mining equipment to the CoinDesk TV set. Compass Mining makes carbon-zero bitcoin mining hardware they say is designed to make mining hassle-free.
Why VanEck CEO is ‘Focused on Ether’ Over Bitcoin Right Now
VanEck CEO Jan van Eck discusses his outlook on the crypto market, as May CPI shows an increase of 8.6% year-over-year. He also explains why he’s more focused on ether (ETH) over bitcoin (BTC).