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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
Is Bitcoin Mining Still Profitable?
Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.
Strike CEO Jack Mallers on El Salvador’s Bitcoin Adoption
Jack Mallers, Strike CEO and a top 10 winner of CoinDesk’s Most Influential 2021, shares insights into his mission to bank the unbanked that has led him to spread bitcoin adoption across El Salvador.
There Was No ‘Satoshi Nakamoto’ Lawsuit
Depending on what you read, you might get the real story, or ... not.
Most Influential 2021: Jack Mallers
The CEO of Bitcoin payments app Strike helped birth El Salvador’s BTC move this year. He still sees himself as a “pleb,” not an influencer.
Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts
Some $187 million of crypto trading positions were liquidated over the past 24 hours.
First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly
Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”
Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’
A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.
Jack Dorsey's Puppet Promotes Spiral's Lightning Development Kit
Jack Dorsey and the team at Spiral, formerly known as Square Crypto, have released a mini-documentary featuring a puppet Dorsey to explain their Lightning Development Kit (LDK). "The Hash" hosts discuss the latest project turning heads in the crypto community as part of Dorsey's ongoing bitcoin advocacy.
