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

Inflation Relief as U.S. CPI Dips to Less Than Forecast 2.8% in February

The bitcoin price jumped above $84,000 on the welcome news.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

BTC's bullish RSI divergence. (cjweaver13/Pixabay)

Markets

Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%

Ethereum-to-bitcoin ratio hits lowest level since 2020, as four-year CAGR goes negative.

BTC: 4yr Compound Annual Growth Rate (Glassnode)

Markets

Metaplanet Increases Bitcoin Holdings With $13.5M Purchase and Bond Issuance

The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.

The National Diet Building, home of Japan's national legislature, in Tokyo (Shutterstock)

Markets

Bitcoin Sees Relief Run to $82K; SEC Delays XRP, DOGE, LTC ETF Filings

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

July has brought rising relief to the crypto market. (Digital Vision/Getty Images)

Markets

Bitcoin CME Futures Spread Slides to $490, Undoing the 'Trump Bump' in BTC

The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.

Slide. (GuentherDillingen/Pixabay)

Tech

Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse

The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Markets

Mt. Gox Moves Another $930M Bitcoin as Payout Deadline Looms

Wallets linked to Mt. Gox still hold $2.9 billion of assets, which are due to be paid out to creditors this October.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Tech

Bitcoin Ordinals Project Taproot Wizards Plans Long-Awaited Sale of Signature NFTs

The Wizards were inscribed on the Bitcoin blockchain two years ago and are now being made available for sale

TaprootWizards.com NFT (ordinals.com)

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