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 'Stronger’ Ahead of Halving: Grayscale

Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.

image of someone splitting a log vertically in half with a long-handled ax

Markets

Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K

The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.

BTC's price (CoinDesk)

Markets

Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant

Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.

The ability to transfer all PYUSD user funds into PayPal may leave crypto natives hesitant to adopt the stablecoin. Oliver Buchmann/Unsplash)

Markets

Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days

Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.

Bitcoin price on February 9 (CoinDesk)

Markets

First Mover Americas: Bitcoin Seen Topping $50K This Weekend

The latest price moves in crypto markets in context for Feb. 9, 2024.

cd

Markets

Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K

Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.

16:9 Stock market rally (sergeitokmakov/Pixabay)

Markets

Bitcoin Crosses $46K as Year of 'Long' Begins, Easing ETF Sell-Off

Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.

(Rachel Sun/CoinDesk)

Markets

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

The bitcoin exchange-traded funds (ETFs) through Wednesday held a combined 192,255 bitcoin, more than 2,000 above that of MicroStrategy, the largest publicly traded holder of the cryptocurrency.

Michael Saylor, executive director, MicroStrategy (Marco Bello/Getty Images)

Pageof 834