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

GameStop to Add Bitcoin to Balance Sheet

Company CEO Ryan Cohen had teased possible purchases weeks ago, notably sharing a photo of himself and Strategy's Michael Saylor at a Mar-a-Lago event

(John Smith/VIEWpress)

Markets

A $41B Investment Firm Wants to Stick With Just Bitcoin ETFs as Safer Bet

The investment firm and provider of exchange-traded funds (ETFs) launched three protected bitcoin ETFs earlier this year, but it won’t do the same for Ethereum.

Calamos Investments CEO John Koudounis (Paul Morigi/Getty Images for Concordia Summit)

Finance

Michael Saylor’s $200 Trillion Bitcoin Strategy: U.S. BTC Domination and Immortality

Strategy Executive Chair Michael Saylor discusses a U.S. Bitcoin strategic reserve, why securities holders keep him sleepless, and his own economic immortality.

Strategy Chair Michael Saylor portrait

Markets

Bitcoin's $12B Quarterly Options Expiry Unlikely to Cause Major Market Reaction, Deribit Says

Key indicators such as BTC's implied volatility index and funding rates point to subdued volatility expectations.

Deribit: BTC's quarterly options expiry. (Deribit Metrics)

Markets

KULR Technology Buys Another 56 Bitcoin for $5M, Takes Holdings to 668 BTC

The company's average acquisition cost is now roughly $97,300 per bitcoin.

KULR expands bitcoin holdings to 510 BTC (Jacco Rienks, Unsplash)

Markets

STRF or STRK? Comparing Strategy’s Preferred Stock Offerings

The STRF sale is scheduled to close later on Tuesday, with Strategy raising approximately $711 million in net proceeds.

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

Markets

Dogecoin Surges 7% as Bitcoin, XRP See Brief Rally on Hopes of Trade War Easing

PLUS: AI tokens remained stable despite a prominent technology backer saying investments in the sector are occurring “ahead of demand.”

BULL IN A CHINA SHOP: Ricardo Salinas Pliego became the latest billionaire to come out in support of bitcoin.

Markets

Defunct Exchange Mt. Gox Moves $1B in Bitcoin to Two Wallets

This is the third significant on-chain movement of funds by the exchange in four weeks.

Former Mt. Gox CEO Mark Karpeles (CoinDesk screenshot from conference livestream)

Markets

Bitcoin ATM Business Remained Sluggish Through Bull Market

Bitcoin Depot has booked roughly $3 billion in transactions since its inception in 2016.

A mesmerizing Bitcoin animation, right next to an art gallery. (Credit: Tom Carreras)

Markets

Mag 7 Returns Would Improve With Bitcoin Replacing Tesla: StanChart

Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the bank's digital asset research head said.

(ds_30/Pixabay)

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