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

Essential Insights to Monitor During Wednesday's 'No Change' Fed Meeting

The Fed is expected to keep rates unchanged while sticking to December's hawkish forward guidance. BTC and risk assets could take cues from Powell's take on key issues like mass deportations and shelter inflation.

(NikolayFrolochkin/Pixabay)

Markets

Tom Lee Calls Monday's Market Plunge a Great Buying Opportunity After AI, Crypto-Led Rout

On Monday, NVIDIA had the largest single-day market cap loss in history, erasing $465 billion in market cap.

KULR adds more bitcoin to treasury (Shutterstock)

Markets

Short-Term BTC Holders Quit, CME Open Interest Slid by Record During Monday's Price Drop

As observed by many metrics, Monday's capitulation in bitcoin looks like a textbook local bottom.

Chart of one-day change in CME bitcoin open interest. (Glassnode)

Markets

Metaplanet Announces Largest Raise by an Asian-Listed Firm to Buy Bitcoin

Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.

Japanese Yen (Shutterstock)

Markets

Mad Money's Jim Cramer Says 'Own Bitcoin, Not MicroStrategy'

In January 2024, Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.

CNBC's Jim Cramer

Markets

Bitcoin Mining Stocks With AI Ambition Battered 20%-30% Lower as Nvidia's Plunge Grips Crypto

The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Bitcoin's DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say

Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already over, said Standard Chartered's Geoff Kendrick.

While some analysts warn of a deeper pullback, Standard Chartered's Geoffrey Kendrick said it's a buying opportunity(Kelly Sikkema/Unsplash)

Markets

Bitcoin's Bull Run Could be Tested if BTC Falls Below $91K: Van Straten

Bitcoin has had two 15% corrections since Donald Trump won the U.S. election.

BTC: Short Term Holder Cost Basis (Glassnode)

Markets

Bitcoin Funding Rates Flip Negative as Nasdaq Futures Tank 700 Points

The renewed bearish flip in funding rates comes amid risk-off in Wall Street's tech-heavy Nasdaq index.

Annualized funding rates for BTC and other major coins. (Velo Data)

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