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 Soars to New All-Time High Above $69K

The success of the spot ETFs which opened for business on Jan. 11 was the catalyst for this latest bull run for the world's largest crypto.

rocket lifting off

Markets

Michael Saylor's MicroStrategy to Raise $600M to Buy More Bitcoin

Taking advantage of a massive run-up in the stock, the company is looking to add to its 193,000 bitcoin stack.

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

Tech

Bitcoiners, Solana Acolytes Crash Ethereum Conference in Denver – for a Reason

Last week's ETHDenver conference drew a significant presence from developers and reps of blockchain ecosystems beyond Ethereum, taken as a sign of just how influential the second-largest distributed network has become.

Yes, you saw that right: It's the Polkadot booth at the Ethereum-focused ETHDenver conference. (Sam Kessler)

Markets

First Mover Americas: Bitcoin Price Eyes Record This Week

The latest price moves in crypto markets in context for March 5, 2024.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Bitcoin's Price Rally May Add to Inflation. Here's Why

The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.

(stevepb/Pixabay)

Finance

Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets

As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bitcoin Tops $68K, Nearing Silver's $1.38T Market Cap

Ether also hit a new milestone, recording its highest price since January 2022.

Bitcoin price on March 4 (CoinDesk)

Opinion

What Happens if Bitcoin Reaches an All-Time High?

What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.

How high can bitcoin go? (NASA)

Markets

Bitcoin Price Action Will 'Astonish' This Week: Analyst

The cryptocurrency hit an all-time high against the euro on Monday and is nearing a record in U.S. dollar terms.

(David Mark/Pixabay)

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