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 May Be 'Double Topping' for a Price Slide to $75K

BTC looks to be forming a double top bearish reversal pattern on the daily chart.

BTC has recently put in twin peaks at around $108K. (lin2015/Pixabay)

Finance

Real Estate Firm Propy Is Rolling Out Crypto-Backed Loans to Buy Houses

Bitcoin and ether holders can get loans to acquire tokenized properties — and use their crypto as collateral.

Natalia Karayaneva (Propy)

Markets

Bitcoin Options Worth $7.8B Set to Expire at End of Month on Deribit

Some $6 billion of the notional value in bitcoin is currently set to expire out of the money.

Open Interest by Strike Price, Bitcoin (Deribit)

Markets

Semler Scientific Tumbles After Market Close on Convertible Note Offering, Earnings

Fourth-quarter revenue and income from operations rose while the medical-devices company holds 2,321 BTC.

A hand adds another coin to a stack. (Shutterstock)

Markets

RUNE Plunges 30% as THORChain Pauses Bitcoin, Ether Withdrawals

The pause comes amid community concerns around the settlements protocol solvency.

plunge (shutterstock)

Markets

Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike

Risk assets, including BTC, held steady while the Japanese yen rose after the BOJ hiked rates to the highest in 17 years.

BTC's price. (CoinDesk)

Markets

Bitcoin Rises to $106K as Trump Slated to Call Bukele, El Salvador's Crypto-Friendly President

El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.

Donald Trump (Joseph Sohm/Shutterstock)

Markets

Bitcoin's Outlook Is Bullish With Prices Expected to Remain Elevated: Deutsche Bank

Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.

Deutsche Bank logo (Shutterstock)

Markets

Bitcoin May Hit Record Highs on More Than 70 Days This Year: Van Straten

The largest cryptocurrency seems to be tracking the 2017 price performance, when it posted all-time highs on 77 days.

Bitcoin Bulls (Unsplash)

Markets

Bitcoin Is Like Coiled Spring Nearing Burst of Price Volatility, Key Indicator Suggests

Volatility bulls might want to pull up the 60-day price range indicator on their screens as it's hinting at heightened BTC price turbulence.

BTC above $100K is like a coiled spring. (analogicus/Pixabay)

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