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

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

The company's shares rose nearly 2% in the early Friday session following yesterday's tumble.

By Krisztian SandorJun 14, 2024

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Flare Gas Bitcoin Mining In 2024

By William FoxleyJun 14, 2024

Wealth Optimization Strategies For Bitcoiners

First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks

The latest price moves in crypto markets in context for June 14, 2024.

By Krisztian Sandor, Omkar GodboleJun 14, 2024

Bitcoin price on June 14 (CoinDesk)

Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings

Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

By Shaurya MalwaJun 14, 2024

A bear waving. (Hans-Jurgen Mager/Unsplash)

Here's Why Bitcoin's Not Keeping Pace With Nasdaq

Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.

By Omkar GodboleJun 14, 2024

(Mike_68/Pixabay)

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

The broker assigned the software company an outperform rating and a $2,890 price target.

By Will CannyJun 14, 2024

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

The Hash Live from Consensus 2024

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OJun 14, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

By Stephen Alpher, Krisztian SandorJun 13, 2024

Bitcoin on 6/13 (CoinDesk)

First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in crypto markets in context for June 13, 2024.

By Jamie Crawley, Omkar GodboleJun 13, 2024

BTC price, FMA June 13 2024 (CoinDesk)

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

The Nasdaq-listed firm currently holds 214,400 BTC.

By Omkar GodboleJun 13, 2024

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

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