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



Finance

Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M

"Bitcoin DeFi is just too nascent right now," CEO Mithil Thakore said. But that's beginning to change.

Heading of Bitcoin Whitepaper

Markets

First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip

The latest price moves in crypto markets in context for Feb. 1, 2024.

BTC price, Feb. 1 2024 (CoinDesk)

Finance

Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg

The bank released a cryptocurrency custody platform in November.

Frankfurt, Germany (Sinan Erg/Unsplash)

Markets

ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%

The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Markets

It May Be Time for Bitcoin Traders to Focus on John Bollinger's Price Bands Again

Bitcoin's monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.

Didgeman/Pixabay

Tech

Protocol Village: Braavos Wallet to Create Features Harnessing Account Abstraction on Starknet

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 25-31.

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

Markets

Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

"The market has gotten ahead of itself on the rates side," said one analyst.

Bitcoin price on Jan. 31 (CoinDesk)

Markets

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.

Federal Reserve Chairman Jerome Powell (Win McNamee/Getty Images)

Markets

How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility

The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX.

(Christophe Hautier/Unsplash)

Pageof 865