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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
MicroStrategy Acquires 12,000 More BTC With Convertible Senior Notes Proceeds
The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion
First Mover Americas: Bitcoin Surpasses $71K, Reaches All-Time High
The latest price moves in crypto markets in context for March 11, 2024.
Crypto Market Could Face Some Short-Term Headwinds, Coinbase Says
Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.
Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea
The KOSPI trading volume totaled a record 11.4794 trillion won on Mar. 8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.
Bitcoin Jumps Over $71K as UK's FCA Lets Institutional Investors Create Crypto ETNs
The leading cryptocurrency had crossed $70,000 for the first time ever last week.
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy
The asset manager's spot fund added just shy of 5,000 bitcoins Friday, bringing total holdings to 195,985 tokens.
Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
The activist investor has previously mostly steered clear of any involvement in crypto.
