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 Hashrate Surpasses 1 Zettahash as Miner Revenue Hits Record Low

Network difficulty jumps nearly 7%—the biggest increase since July 2024—driven by an all-time high in hashrate.

BTC: Difficulty Adjustment Percent Change (Glassnode)

Markets

Markets in Freefall: Is the Credit Market Forcing the Fed’s Hand?

Futures now price in up to five rate cuts in 2025 as investors bet on an aggressive policy pivot.

Federal Reserve Chair Jerome Powell speaking at virtual press conference on Wednesday. (Federal Reserve, modified by CoinDesk)

Markets

Strategy Treads Water on BTC Bet, While Metaplanet, Semler Reel from Heavy Losses

Strategy’s cushion is narrowing, with an average bitcoin cost basis of $67,458.

Photo of Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De)

Markets

Tariff-Sensitive Australian Dollar Offers Hope to Bitcoin Bulls as BTC Drops Below $75K

The tariff-sensitive currency has rebounded nearly 100 pips from the Asian session low, suggesting a potential nadir in the selling of risk assets.

Photo of Uluru, Australia

Markets

China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs

Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.

FastNews (CoinDesk)

Markets

Bitcoin CME Futures Gap Lower After Trump Says 'There Won't Be a Deal With China'

Trump, when asked about sliding markets, said sometimes you have to "take medicine."

CME BTC futures: April contract gapped lower Monday. (TradingView)

Markets

Bitcoin Drops Below $79K as Cryptos Plunge, Stock Futures Fall Another 5%

Hedge funder Bill Ackman called President Trump's tariff plan "economic nuclear war" and urged a Monday pause.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Bitcoin Posts Worst Q1 in a Decade, Raising Questions About Where the Cycle Stands


BTC fell 11.7% in Q1 2025, its weakest first quarter since 2015, as investors sold into economic uncertainty.

Where in the cycle is bitcoin price? (Emily Morter/Unsplash)

Markets

Bitcoin's Price Stability at Risk From Potential 'Basis Trade Blowup' That Catalyzed the COVID Crash

Market volatility poses risk to $1 trillion Treasury basis trades. A potential blowup could trigger a global dash for cash.

BTC's stability at risk from a potential bond market blowup. (SD-Pictures/Pixabay)

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