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 Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research

The largest crypto rallied every time in the last 9 years by 11% on average around the Chinese New Year festivity, says 10X's Markus Thielen.

The Chinese new year could be bullish for bitcoin (huangshunping/Unsplash)

Markets

Bitcoin Breaks Above $45K, Traders Predict a Possible $50K Push

It's the highest price since the day after the new spot ETFs opened for trade.

Bitcoin price Feb. 8 (CoinDesk)

Markets

First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise

The latest price moves in crypto markets in context for Feb. 8, 2024.

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Tech

Protocol Village: Metis, Ethereum Layer 2, Launches 'Liquid Staking Blitz'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7.

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

Markets

Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains

Continuing advances for U.S. stock markets also likely supported risk assets like crypto, with key indices making new all-time highs.

Bitcoin price on February 7 (CoinDesk)

Markets

First Mover Americas: BlackRock’s ETF Demand Ranks Among Top 5

The latest price moves in crypto markets in context for Feb. 7, 2024.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Tech

Taproot Wizards' New Bitcoin NFTs Already Trading at Twice the Initial Sale Price

Even after a weeklong minting process marred by technical issues, the Quantum Cats digital images were going for more than $10,000 each on the NFT marketplace Magic Eden, on their first day of secondary trading.

Quantum Cats for sale on Magic Eden NFT Marketplace (Magic Eden)

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