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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
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.
Craig Wright Found Not Guilty of Fraud in Bitcoin Trial
A federal jury has ruled while Craig Wright is cleared of most charges, he must pay $100 million to W&K Info Defense in intellectual property rights, a company founded by late computer scientist Dave Kleiman. “The Hash” team unpacks the jury’s decision in Bitcoin’s landmark case and why this is a continuing story to watch.
Is Bitcoin Due for Lower Lows?
Trade the Chain Research Analyst Nick Mancini discusses his crypto markets analysis and outlook, explaining whether another price dip could be imminent. Plus, insights into bullish sentiment for ether, open interest for bitcoin, and institutional activity in crypto.
Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’
Bitcoin may not be able to build on the relief rally as it heads into the year-end, a key technical indicator that's flipped bearish amid heightened macro risks indicates. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin’s Next Move After Dropping to $42K Saturday
Bitcoin IRA COO & Co-Founder Chris Kline discusses his crypto markets update and outlook following bitcoin’s near-20% sell-off over the weekend. Plus, insights into bitcoin demographic trends he’s tracking at his firm.