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



Mercati

First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return

The latest price moves in crypto markets in context for April 23, 2024.

(Ronlug/Shutterstock)

Mercati

Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters

The 200-day simple moving average is one of the most widely tracked indicators of bitcoin's long-term trend.

BTC's price chart. (CoinDesk/TradingView)

Mercati

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.

Water, pipes. (analogicus/Pixabay)

Mercati

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

Bitcoin price on April 22 (CoinDesk)

Tecnologie

Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

The upgrade seeks to solve congestion issues, and will officially launch in May.

Muneeb Ali, co-creator of Stacks and CEO of Trust Machines (CoinDesk TV)

Opinioni

How the Bitcoin Halving Will Drive Action to Layer 2s

Increasing on-chain use of the network are driving up fees.

(Markus Spiske/Unsplash, modified by CoinDesk)

Mercati

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The broker initiated coverage of the stock with a buy rating and $12 price target.

A Hut 8 mining facility (hut8.io)

Mercati

First Mover Americas: Bitcoin Layer 2s Have Their Moment

The latest price moves in crypto markets in context for April 22, 2024.

Trading screen.

Mercati

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein

The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin miners (Shutterstock)

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