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 a Record – but What's the Price? And What Was the Old All-Time High?

From Coinbase to Reuters and CoinDesk, there's disagreement over BTC's price.

What's the all-time high for bitcoin's price? (Uday Mittal/Unsplash)

Tech

Jupiter’s Perpetual Crypto Trading Falters as Bitcoin Hits Record

The Solana-based trading platform was experiencing issues with its price feed infrastructure.

Planet Jupiter and its great red spot

Markets

Bitcoin Tumbles 10% After Hitting Record High; Triggers $1B Crypto Liquidations

Bitcoin's new all-time high Tuesday quickly turned into a bloodbath, flushing out overzealous leveraged traders.

Bitcoin price action on March 5 (CoinDesk)

Markets

Bitcoin Hit a Record High. Here's What Might Happen Next

More than $84 million of derivatives have been liquidated in the past four hours, mostly long positions.

Bitcoin price (CoinDesk data)

Finance

Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

The OrdiZK website and social media accounts are also offline.

(Clint Patterson/Unsplash)

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

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