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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
Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site
The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.
Swan Bitcoin CEO on LFG’s Bitcoin Reserves Impacting the Crypto Markets
Swan Bitcoin CEO Cory Klippsten discusses the Luna Foundation Guard’s recent bitcoin buying spree for its UST reserves, commenting on the Anchor Protocol and Terraform Labs Co-Founder Do Kwon’s recent statement about Terra’s impact on the crypto markets. Plus, comments on bitcoin adoption curve and why he thinks BTC’s market cap could reach $21 trillion eventually.
Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin
The Taproot-powered “Taro” protocol aims to bring low-fee stablecoin and asset transfers to the Bitcoin Lightning Network.
US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption
The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.
First Mover Americas: Bitcoin's Pause Fails to Deter Optimism
The latest moves in crypto markets in context for April 5, 2022.
Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation
The indicator trades at low levels when there is heavy investor accumulation and HODLing is the preferred market strategy, a blockchain analytics firm said.
First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.
Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million.
How Can Satoshi Nakamoto Have a Birthday? The Significance of April 5
You might hear that April 5, 1975 is the birthday of bitcoin’s pseudonymous creator. We explain the leading theory about why that date matters.
