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 Blasting Toward Biggest Monthly Gain in 3 Years

The cryptocurrency has more room to run, analysts say.

(NASA)

Markets

Bitcoin Is Hitting All-Time Highs Around the World

The U.S. economy and its dollar has enjoyed relative strength over the past few years.

(NASA/Unsplash)

Markets

Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record

BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.

(Jim Henderson, modified by CoinDesk)

Markets

First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges

The latest price moves in crypto markets in context for Feb. 29, 2024.

Crypto derivatives trading volume. (Laevitas)

Markets

Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show

The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes

The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.

bull-run

Tech

Protocol Village: Fleek Network Claims Faster Edge Computing Than AWS, Vercel

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.

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

Markets

Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action

Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock's IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research data shows.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Tech

U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker

Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.

Ilya Lichtenstein, who pleaded guilty with wife Heather Morgan in the plundering of Bitfinex, is now testifying against the mixer he used. (Alexandria Sheriff's Office)

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