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

Metaplanet Continues Bond Issuance for Bitcoin Buys

Metaplanet has raised 2 billion yen ($13.4 million) through zero-interest bonds, allocated to Evo Fund and backed by stock acquisition rights, to purchase more BTC.

(Louie Martinez/Unsplash)

Markets

Bitcoin Storm Could Be Brewing, Crypto OnChain Options Platform Derive Says

BTC currently faces low volatility, but a storm could be coming, Derive's Nick Forster said.

BTC storm could be looming, per Derive. (Myriams-Fotos/Pixabay)

Markets

Bitcoin's Bull Market Cycle Is Over, CryptoQuant's Ki Young Ju Says

CryptoQuant's founder is concerned about liquidity drying up.

(Mark Basarab/Unsplash)

Markets

Bitcoin Edges Higher to $84K as Analyst Warns of Another Leg Down for Crypto

A crypto rally to new highs may have to wait until later this year, said Coinbase Institutional's head of research.


Coindesk News

Who Is Satoshi? Benjamin Wallace Goes Down the Rabbit Hole in New Book

“The Mysterious Mr. Nakamoto” is a thoughtful new investigation into Bitcoin’s origins.

BUDAPEST, HUNGARY - SEPTEMBER 22: A statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, is displayed in Graphisoft Park on September 22, 2021 in Budapest, Hungary. The statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features, as Nakamoto's true identify remains unconfirmed. (Photo by Janos Kummer/Getty Images)

Markets

Bitcoin Network Hashrate Inched Higher in March as Mining Economics Weakened: JPMorgan

U.S.-listed miners maintained their share of the network hashrate at around 30%, the report said.

JPMorgan building (Shutterstock)

Markets

Bitcoin, S&P 500 Take Backseat to Stagflation Trade as Trump Tariffs Threaten to Derail Growth

Goldman's stagflation basket has surged nearly 20% this year, outperforming bitcoin, U.S. stocks, and even gold.

Consumer Price Index (CPI) inflation (Maria Lin Kim/Unsplash)

Markets

Strategy Leverages STRK ATM to Acquire 130 More Bitcoin

The Michael Saylor-led company now holds 499,226 BTC purchased for an average price of $66,360 per token.

MicroStrategy executive chairman Michael Saylor (CoinDesk archives)

Markets

After 4 Straight Monday Declines, What's on the Cards for Bitcoin?

Over the past three months, weekends have underperformed weekdays, due to global uncertainty.

Bitcoin: Daily Price Performance (Glassnode)

Markets

Bitcoin Faces Massive 'Supply Gap' Between $70K and $80K

According to Glassnode data, approximately 20% of Bitcoin's supply is currently at a loss.

Web 3, Megaphone (Patrick Fore/Unsplash)

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