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

Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning

Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.

(NikolayFrolochkin/Pixabay)

Markets

Bitcoin's Coinbase Premium Indicator Shows Overseas BTC Buyers Taking the Lead Ahead of CPI Release

BTC buyers over Binance seem to be leading the BTC price action ahead of the CPI release.

Coinbase bitcoin premium index. (Coinglass)

Markets

Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely

A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.

February U.S. CPI report is due Wednesday. (geralt/Pixabay)

Markets

Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says

Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.

JPMorgan (Shutterstock)

Markets

KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield

Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.

KULR adds more bitcoin to treasury (Shutterstock)

Policy

Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa

Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report

He tried to sue the local council for not responding to his requests to search the site, but the case was dismissed by a judge in January.

Landfill site (Getty Images / Unsplash)

Markets

Strategy Resumes Bitcoin Purchases, Takes Holdings to 478,740 BTC

Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

Markets

Bitcoin Difficulty Hits New Highs as Key Metric Signals Miner Capitulation and Possible Bottom

Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.

BTC: Difficulty Adjustment Percent Change (Glassnode)

Markets

Bitcoin HODLer Metaplanet Achieves $35M Unrealized Gains in 2024 Thanks to BTC Treasury

Metaplanet said it was the best-performing equity in 2024 out of 55,000 publicly listed companies.

The Diet building, Japan's parliament. (Shutterstock)

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