Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

Slush Pool, the world’s oldest mining pool, put a Reuters headline about Bitcoin’s 2020 bull run in a block on Dec. 2.

“Greenback plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now a part of Bitcoin block quantity 659678.

Asserting the information on Twitter, Slush Pool mentioned that the pool’s miners wished to “immortalize” the bullish Bitcoin (BTC) headline from mainstream media, making it dwell without end on the Bitcoin blockchain.

Our miners requested us to immortalize it.

Block 659678: Reuters 01/Dec/2020 Greenback plummets on U.S. stimulus hopes; bitcoin hits all-time peakhttps://t.co/pmzK3HXhpw pic.twitter.com/LKpvlj9TC4

— Slush Pool | Braiins (OS+) (@slush_pool) December 2, 2020

Reuters printed the article in regards to the weakening U.S. greenback whereas Bitcoin was hitting all-time highs on Dec. 1. Within the piece, columnist Gertrude Chavez-Dreyfuss famous that the U.S. greenback’s drop coincided with the information of a second COVID-19 reduction invoice being mentioned within the Unite States Congress.

Encoding the article within the Bitcoin blockchain appears to be a nod to the genesis block, which accommodates a 2009 headline from The Instances that reads, “Chancellor on brink of second bailout for banks.” 

As Cointelegraph beforehand reported, Bitcoin hit a brand new all-time excessive on some crypto exchanges on Dec. 1, surpassing $19,892.

Amid an ongoing rally on crypto markets, mainstream media has considerably elevated its concentrate on the business and Bitcoin. Peter Schiff, a gold fanatic and one of many largest Bitcoin naysayers, has opposed information businesses’ protection of the present crypto increase. “CNBC’s extreme protection of Bitcoin units a brand new low in monetary journalism ethics,” Schiff mentioned in a Dec. 1 tweet.