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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
A Bitcoin Will Be Worth a Bugatti by 2022, Says Kraken CEO
Jesse Powell, CEO of Kraken, told Bloomberg that a bitcoin will be equivalent to the price of a Bugatti by 2022. Considering the cheapest Bugatti goes for over $1.5M, Powell is beyond bullish on bitcoin. "The Hash" panel debates.
Toroso Investments: Bitcoin Will Hit $100K This Year
Bitcoin is having a tough time breaking through the $60K barrier, but Michael Venuto of Toroso Investments thinks the cryptocurrency will hit $100K by the end of the year and $250K over the next few years. Venuto explains why he’s bullish on bitcoin and how Bitcoin ETF’s arrival would impact traditional markets.
Tesla Helped Patch a Bug in Open Source BTCPayServer, a Bitcoin Payment Processor
Tesla identified and fixed a bug in the code base of BTCPayServer, an open source payment processor. In addition to Tesla holding bitcoin in its treasury and accepting BTC as payment, the carmaker is now checking out open source software for security issues. “The Hash” panel examines Tesla’s growing commitment to bitcoin.
Goldman Sachs to Offer Bitcoin to Wealth Management Clients
Investment banking giant Goldman Sachs is readying to provide its wealth management clients access to bitcoin and other digital assets. “The Hash” panel discusses implications for Goldman Sachs and other traditional financial institutions accelerating their involvement in the crypto space.
Chipotle Giving Away $100K in Bitcoin and $100K in Burritos: What You Need to Know
No joke. In celebration of National Burrito Day on April 1, Chipotle is giving away $200K in burritos and bitcoin. It’s the first U.S. company to offer a cryptocurrency giveaway.
What Turned the 'Wolf of Wall Street' Into a Bitcoin Believer?
In 2017, 'Wolf of Wall Street’ Jordan Belfort was saying bitcoin was a fraud. Now, the entrepreneur believes bitcoin “really has its place in the financial system,” predicting the BTC price to reach $100K. What changed his mind?
Bitcoin All-Time High Within Reach
Bitcoin price analysis from Two Prime co-founder and managing director Alexander Blum. Plus, industry news impacting bitcoin.
Will You Pay for Your Next Vacation in Bitcoin?
The travel industry is beginning to bounce back. Travala is a booking platform that allows users to pay for travel accommodations and experiences with cryptocurrency. Travala CEO Juan Otero discusses how it works and why anyone would want to use crypto to pay for travel.
Canadian Bitcoin ETF Hasn’t Had a Single Day of Outflows
Bitcoin market analysis and Interesting data from Moskovski Capital CEO Lex Moskovski on the Canadian Purpose Bitcoin ETF, the first bitcoin ETF to win North America approval.
Bitcoin ETFs, April Options and Excitement Over Sphinx: The Week Ahead for Bitcoin
"All About Bitcoin's" Friday panel looks at what's ahead, including April's options and the outlook for bitcoin ETFs in the United States. Plus, excitement over Sphinx, an app that lets you tip sats while you chat and listen to podcasts, thanks to bitcoin's Lightning network.