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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
$2B Bitcoin-Staking Protocol Solv Unveils First Shariah-Compliant BTC Yield Offering in the Middle East
The product allows BTC holders to earn yields while adhering to Islamic finance principles, expanding opportunities for investors in the Middle East.
BlackRock’s IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion
CME Bitcoin Futures open interest falls for four straight days, according to CME data.
Viant Technology Could Benefit From Buying Bitcoin, Eric Semler Says
The Semler Scientific chairman flagged the ad tech firm as ripe for a bitcoin treasury strategy amid stock struggles and cash stockpile.
Bitcoin Holds Tight Despite Dismal Economic Data, Rising India/Pakistan Tensions
The Dallas Fed Manufacturing Index plunged to its lowest level since the COVID pandemic closed the economy.
Bitcoin to Hit New All-Time High Around $120K in Q2, Standard Chartered Says
Strategic allocation away from U.S. assets is likely to be the catalyst for move to a new record.
Strategy Adds Additional $1.42B of Bitcoin With Latest Purchase
The company stack is worth more than $52 billion at bitcoin's current price of $95,000.
Bitcoin Turns Positive Year-to-Date as It Veers Toward Digital Gold Narrative
Bitcoin's strong correlation with gold continues as economic uncertainty grows.
Monero’s XMR Rockets 40% as XRP Leads Crypto Majors Gains
Trading volumes for XMR zoomed from an average of $50 million on a seven-day rolling basis to over $220 million in the past 24 hours
Chart of the Week: Tariff Carnage Starting to Fulfill Bitcoin's 'Store of Value' Promise
Traditional safe-haven assets like gold and the Swiss Franc have been joined by bitcoin as a refuge for investors.
Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows
SUI, BCH and Hedera's HBAR led Friday gains in the CoinDesk 20 Index, with one analyst saying this week's crypto rally is likely the beginning of BTC's climb to fresh record prices.
