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

First Mover Americas: Bitcoin Retreats Following Ascent to $64K

The latest price moves in crypto markets in context for Sept. 25, 2024.

BTC price, FMA Sept. 25 (CoinDesk)

Markets

Bitcoin's South Korea Discount Hits Highest Since October 2023

Smart traders have shifted to high-beta altcoins, data tracked by 10x Research show.

Bitcoin: Korea premium index. (CryptoQuant)

Markets

Bitcoin ETFs Remove Nearly Five Times Daily Supply as Ethereum ETFs See Strong Rebound

Ether ETFs experienced a $62.5 million inflow, marking its third-largest day since launch.

ETF BTC Flows Sept. 24:  (Heyapollo)

Markets

Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow

Traders Tuesday pushed the chances of a second consecutive 50 basis point rate Fed rate cut up to 61%.

(Gerd Altmann/Pixabay)

Opinion

MicroStrategy Outpaces BlackRock's IBIT by Over 3x Year-to-Date

Exploring the unique strategies and competitive landscape of BlackRock's IBIT vs. MicroStrategy

MSTR vs IBIT YTD: (Source: TradingView)

Tech

Bitcoin Rollup Citrea Deploys BitVM-Based Bridge 'Clementine' on Testnet

Citrea's aim is to use Bitcoin as a settlement layer to make it "the foundation for the world's finance."

Citrus, clementine (Fotozeit/Pixabay)

Markets

Bitcoin Miner From Network’s Earliest Months Is Sending BTC to Kraken

The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut

The latest price moves in crypto markets in context for Sept. 24, 2024.

BTC price, FMA Sept. 24 2024 (CoinDesk)

Markets

Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience

Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.

BTCUSD trading range: (Glassnode data)

Markets

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex

A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.

Didgeman/Pixabay

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