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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
What Can You Buy With Bitcoin?
At some point you’re going to want to spend your bitcoin. But where can you go to exchange it for goods and services?
First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits
Ether and other major altcoins were up over the past 24 hours.
Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves
BTC gained 6% in the past 24 hours, although trading volume remained low.
Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K
BTC has confirmed a break above its two month-long downtrend.
KPMG Canada Adds Crypto to Its Balance Sheet
The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before.
$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter
According to PeckShield, the hack on Saturday saw more than 1391 ETH and 2.74 BTC stolen.
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said.
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said.
