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

Markets

Bitcoin Drifts Lower, Support at $25K-$27K

BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

By Damanick DantesMay 20, 2022

Bitcoin's weekly chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Bitcoin Heads for Record 8-Week Losing Streak

The latest moves in crypto markets in context for May 20, 2022.

By Bradley Keoun, Shaurya Malwa, Parikshit MishraMay 20, 2022

Layer 2

BIP 119: Unpacking CTV and How It Would Change Bitcoin

Right now, we can only use Bitcoin scripts to designate when or why a bitcoin is spent. But what if we could use it to designate how a bitcoin is spent?

By Colin Harper, Blockspace MediaMay 20, 2022