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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
Bitcoin Dips Below $96K While CoinDesk 20 Plunges 10% Amid Fed-Spurred Rout; SOL Surrenders Post-Election Rally
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.

2025 Will Be the Year of Decentralization: 5 Predictions
Bitcoin and other decentralized technologies such as DePIN will really come into their own in 2025, forecasts the COO of Unstoppable Domains.

El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal
The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.

VIX's Second-Largest Spike in History Indicates a Local Bottom for Bitcoin: Van Straten
The VIX jumped 74% yesterday after a 25bps rate cut and a hawkish outlook from Fed Chair Jerome Powell.

U.S. Listed Spot Bitcoin ETFs on the Verge of Surpassing Gold ETFs
U.S. spot-listed bitcoin ETFs currently have an AUM of $120 billion compared to gold's $125 billion.

Hawkish Fed Has Bitcoin Market Feeling Most Fearful in 3 Months
Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets.

'DeFi on Bitcoin' Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon
The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone
The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

Bitcoin's Memecoin-Like 'Runes' Get a Boost With AMM Launch on Stacks
Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

Bitcoin Holder Semler Scientific's Shares Now Available for Options Trading
The medical device company adopted a bitcoin treasury strategy earlier this year and currently holds 2,084 tokens worth roughly $220 million.
