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

Bitcoin's Breakout Signals BTC Potentially Rallying to $90K-$92K: Technical Analysis

The cryptocurrency is likely targeting the $90K-$92K range, which previously served as a strong support zone.

Close-up of the head of a statue of a bull (cjweaver13/Pixabay)

Markets

BNB, SOL, XRP Spike Higher as Bitcoin 'Digital Gold' Narrative Makes a Comeback

Some traders are revisiting the cryptocurrency as a potential safe-haven asset amid economic uncertainty.

A gold bar (Scottsdale mint/Unsplash)

Markets

Metaplanet Buys Another 330 BTC as BTC Moves Above $87K

The purchase has brought Metaplanet’s total holdings to over 4,855 BTC.

japan (CoinDesk archives)

Finance

Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low

Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs.

(Colin Anderson/Getty Images)

Markets

XRP Price Coiled for a Significant Move as Key Volatility Indicator Mirrors 2024 Patterns

A standard deviation-based indicator points to renewed volatility explosion in XRP and BTC.

XRP is likely a compressed spring, waiting to release energy. (geralt/Pixabay)

Markets

Bitcoin in Standstill at $85K as Trump Increases Pressure on Fed's Powell

A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war.

Bitcoin (BTC) price on April 17 (CoinDesk)

Markets

Lombard Finance Launches Toolkit to Unlock Bitcoin’s $154B DeFi Opportunity

Major exchanges Binance and Bybit have already integrated the SDK, which routes staked BTC into Lombard’s DeFi Vault.

Lombard co-founder Jacob Phillips (Lombard)

Markets

Bitcoin, Gold, and the Minsky Moment: Novogratz on the End of Fiscal Complacency

Galaxy Digital CEO warns U.S. market is starting to behave like an emerging economy amid rising rates and soaring debt.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)

Markets

Bitcoin, the Haven Crypto Bulls Hoped for, Is More a Barometer of Risk: Godbole

Bitcoin, rather than behaving as a digital gold, has solidified as a proxy for risk, validating FX market participants who track it as a gauge of speculative sentiment.

Golden bar on background of raw coal nuggets close-up

Markets

Bitcoin and U.S. Equities Show Early Signs of Fading Correlation

Safe-haven asset charts its own course amid market turbulence.

Volatility fades. (meriç tuna/Unsplash)

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