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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
Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
Surging prices for food, energy and housing have sent inflation in the U.S. to a four-decade high.
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.
How Ukraine Has Used the Crypto Donations
The “Week in Review” panel examines the increasingly prevalent role of cryptocurrency in Ukraine’s efforts against Russia after the Ministry of Digital Transformation publicized how crypto donations are being used for non-lethal supplies like medicine and packed lunches. Plus, a discussion on BTC’s price volatility over the past few weeks and the upcoming shift in bitcoin’s hashrate.
Where is Bitcoin Headed as Fed Poised to Hike Rates?
With an upcoming Federal Reserve meeting about a possible interest rate hike, CoinDesk Managing Editor for Markets Brad Keoun shares his expectations for bitcoin’s support and resistance levels going into next week. Plus, Managing Editor for Tech Christie Harkin explains how Teleport’s “CoinSwap” project could help preserve bitcoin transaction privacy.
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.
Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm
Mining power increased for most miners from the previous month as miners continue their growth plans.
Bitcoin Weighed Down by Resistance; Support at $35K-$37K
Upside could be limited with the potential for higher volatility next week.
Now You Can Try 'Teleporting' Bitcoin for Greater Privacy With CoinSwaps
The alpha release of Teleport implements the CoinSwap privacy technique in an effort to improve bitcoin privacy by making transactions "invisible."
Russians Looking to the UAE to Unload Billions in Crypto Assets: Report
Other Russians are reportedly looking to use their crypto to invest in property in the UAE.
