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

Panama City Greenlights Bitcoin, Ether Payments for Tax and City Services

The capital of Panama will accept crypto payments for certain services, Panama city Mayor Mayer Mizrachi said in an X post.

FastNews (CoinDesk)

Markets

Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

"We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," said Powell of the effect of the Trump tariffs.

Photo of Federal Reserve Chair Jerome Powell

Markets

Bitcoin's True Capitulation Zone Is $65K, Says Well-Followed Analyst

That level represents the average investor’s cost basis, said James Check, who expects the $50,000 area to offer strong long-term support.

(DALL-E/CoinDesk)

Markets

Bitcoin at Risk of Dropping to $75K if BTC's $83K Support Breaks, Chart Analysis Show

Key intraday averages look to cross bearish as bulls struggle to engineer a breakout above $86K.

BTC's recovery rally stalls. (TradingView/CoinDesk)

Markets

Crypto Winter Appears to Have Arrived With Bitcoin, Top 50 Tokens Falling Into Bear Market Territory: Coinbase Institutional

Traditional metrics for bear markets may not fully capture shifts in investor sentiment and market structure in the crypto space.

Winter (CoinDesk Archives)

Markets

Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs

Tech stock futures fell as the U.S. imposed tariffs of up to 245% on Chinese imports while gold hit a record high and Nvidia plunged on export control fallout.

A gold bar (Scottsdale mint/Unsplash)

Markets

Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF

A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.

(16:9 CROP) Bull and Bear (Rawpixel)

Finance

GameStop Did It. Now Strive's Matt Cole Wants Intuit to Back Bitcoin Too

Intuit’s deplatforming and anti-bitcoin stance could harm shareholder value, Cole said, while urging adoption of BTC as a strategic hedge.

Intuit's logo stands on the lawn outside the software maker's headquarter buildings

Markets

Bitcoin for Balance Sheet: Another Japanese Firm Mulls Michael Saylor's BTC Strategy

A Tokyo-listed company is looking to raise funds to buy bitcoin, expanding the trend in Japan of adopting BTC as a corporate treasury asset.

Tokyo, Japan (Jaison Lin/Unsplash)

Markets

MSTR vs. MSTY: Growth or Income? A 12-Month Showdown

MSTY’s portfolio consists primarily of U.S. Treasury bills, cash, and short-term call options on MSTR, allowing it to synthetically replicate exposure without directly owning the stock.


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