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

Markets

Filecoin, Storj Tokens Outperform Bitcoin Amid Increased Use of Decentralized Storage Protocols

The utility FIL token jumped 62% over the past week. Decentralized storage protocols have recently gained attention as their use has increased, an analyst said.

By Jocelyn YangFeb 21, 2023

Markets

Crypto Markets Analysis: Bitcoin Breaches Rare ‘Golden Cross’ Threshold

The crossing of bitcoin’s 50- and 200-day moving averages has historically been a bullish indicator.

By Glenn Williams Jr.Feb 21, 2023

Videos

Developers Forking Bitcoin Ordinals to Give Litecoin Network Its First NFTs

Developers are forking Bitcoin ordinals to give older proof-of-work networks such as Litecoin their first set of non-fungible tokens (NFTs). "The Hash" panel discusses what this suggests about the impact of the Ordinals movement on the wider crypto ecosystem.

Feb 21, 2023

Markets

Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K

Bitcoin is struggling to establish a foothold above $25,000, a level that capped the August 2022 price bounce.

By Omkar GodboleFeb 21, 2023

Bitcoin's rally has hit a barrier. (Matthew Garoffolo/Unsplash)

Markets

First Mover Americas: BNB-Bitcoin Ratio Falls to Lowest Level Since August

The latest price moves in crypto markets in context for Feb. 21, 2023.

By Jamie Crawley, Omkar GodboleFeb 21, 2023

Markets

BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama

The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token.

By Omkar GodboleFeb 21, 2023

Tech

Litecoin Network Gets Its First NFTs After Developer Forks Bitcoin Ordinals

A copy of the white paper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain.

By Shaurya MalwaFeb 21, 2023

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Markets

First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day

PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.

By Sam ReynoldsFeb 21, 2023

Markets

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS

The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.

By Camomile Shumba, Sandali HandagamaFeb 20, 2023

Markets

First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge

The latest price moves in crypto markets in context for Feb. 20, 2023.

By Jamie Crawley, Omkar GodboleFeb 20, 2023

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