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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
Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.
Bitcoin Bull Tom Lee Sees BTC Reaching as High as $250K by Year-End
Fundstrat's head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target.
One of Italy's Largest Banks Buys $1M Worth of Bitcoin: Report
Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.
Options Tied to BlackRock's Bitcoin ETF Surge to Nearly 50% of Deribit's BTC Open Interest in Two Months
Options linked to BlackRock's spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit's BTC options market.
Is Bitcoin Bottom In? BTC's Price Action is Inverse of December Peak Above $108K
BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.
Jamie Dimon Still Sees ‘No Value’ in Bitcoin
The crypto's main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.
Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
MicroStrategy Added 2,530 Bitcoin for $243M, Bringing Holdings to 450K BTC
During a presentation in Orlando on Monday, Saylor told executives to invest in bitcoin instead of bonds, which he labeled as "toxic."
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
When bitcoin typically puts in these many consecutive positive adjustments it has marked near cycle tops and bottoms.
Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report
Risk assets trade weak as investment banks pare back Fed rate cuts in the wake of Friday's hotter-than-expected U.S. jobs report.
