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-Yen Pair Hits Record High, Reflects Stress on Japan's Fiat Currency

Bitcoin's ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.

Japan (Su San Lee/Unsplash)

Policy

Craig Wright Cross Examination Ends as COPA Trial Closes for Day

Wright – who has been battling it out with the Crypto Open Patent Alliance (COPA) in a U.K. trial for the past several days – is trying to prove he is Bitcoin inventor Satoshi Nakamoto.

COPA Questions Validity Of Claims Craig Wright Is Bitcoin Founder In Court (Dan Kitwood / Gettyimages)

Finance

How Bitcoin Benefits From Global Stresses

An asset that gains from disorder is surely worth having in one’s portfolio, says Jennifer Murphy, CEO of Runa Digital Assets.

(Ryo Tanaka/Unsplash)

Markets

How the ‘Halving’ Could Impact Bitcoin

Bitcoin halvings have generally been good for the network. But price increases have decreased over time, says Todd Groth, head of research at CoinDesk Indices.

(Vardan Papikyan/Unsplash)

Tech

Protocol Village: Sommelier Expands to Ethereum Layer-2s Via Axelar, Starting With Arbitrum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

Satoshi-Era Bitcoin Function 'OP_CAT' Dusted Off as Development Fervor Grows

Developers Ethan Heilman and Armin Sabouri view OP_CAT as a simple opcode that offers some of the general purpose functionality currently missing in Bitcoin

Armin Sabouri (left), one of the co-authors of the OP_CAT proposal; with Dan Gould, a Bitcoin developer; and co-author Ethan Heilman, in October at Chaincode Labs' Bitcoin Research Day, in New York. (Neha Narula)

Finance

Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High

Total crypto market cap climbed to $2 trillion for the first time since April 2022.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares

Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.

Bitcoin price on Feb. 14 (CoinDesk)

Markets

Bitcoin Traders Target $64K as BlackRock ETF Nears $500M in Single-Day Inflow

Excluding Grayscale's Bitcoin Trust, the bitcoin exchange-traded funds have accumulated over $11 billion worth of BTC a month after going live.

Three arrows hit bullseye of a target (QuinceCreative/Pixabay)

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