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

Here's Why Bitcoin's Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge

The bull market has been clearly spot-driven, with all major derivatives data relatively flat, one observer said, adding the rally has limited downside.

(Wance Paleri/Unsplash)

Markets

Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week

These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant.

A detail of the Satoshi Nakamoto statue in Budapest, Hungary. (Janos Kummer/Getty Images)

Technology

Protocol Village: EOS Network Ventures Invests in Spirit Blockchain Capital, Gets Board Seat

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.

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

Mga video

Why Presidential Candidate Vivek Ramaswamy Is So Pro-Crypto

The GOP presidential candidate also talks about how pegging the dollar to a basket of commodities that could eventually include Bitcoin would help the U.S. economy, and why he hates the idea of a CBDC.

Unchained

Markets

First Mover Americas: Traders Are Turning to Ether

The latest price moves in crypto markets in context for Dec. 6, 2023.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.

Arbitrage trade opens up on TX (Alexander Grey/Unsplash)

Markets

Key Metrics Show Crypto Traders Turning to Ether From Bitcoin

Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.

Trader. (Tumisu/Pixabay)

Markets

Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, but Are 'Unstoppable'

As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a 'bug' that will be fixed.

Traffic (Creative Commons)

Finance

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just touched $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are taking another look.

Is bitcoin going to the moon again? (NASA)

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