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

No Bottom in Sight as Bitcoin Funding Rate Swings

Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.

BTC: Futures Perpetual Funding Rate (Glassnode)

Markets

Bitcoin Crumbles Below $80K as Crypto Sell-Off Goes From Bad to Worse

The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.

Bear (mana5280/Unsplash)

Markets

Strategy Comes Off the Sidelines With $21B Preferred Stock ATM Offering

A fresh round of purchases of bitcoin would bring the company's holdings above 500,000 tokens.

FastNews (CoinDesk)

Markets

Deja Vu Grips Crypto Market as BTC Mirrors Price Action Seen After U.S. Bitcoin ETF Launch: Van Straten

Is history repeating itself with another sell-the-news event from a major U.S. event?

BTCUSD (TradingView)

Markets

Singapore Exchange Plans to Launch Bitcoin Perpetual Futures in 2025

SGX targets institutional investors with a regulated alternative to crypto derivatives.

Singapore (Getty Images / Unsplash)

Markets

Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance

Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.

Stablecoin market cap (Glassnode)

Markets

Bitcoin Traders Now Target $70K as Japan Bond Yields Surges to 17-Year Highs

A surge in Japanese bond yields, coupled with geopolitical and economic uncertainties, is fueling concerns among traders that BTC could face a significant correction.

caution (CoinDesk archives)

Markets

DOGE, ADA, XRP Tank 10% as Market Sentiment Index Flashes 'Extreme Fear', Falls to Nearly 17 Month Low

Traders are now in a wait-and-watch mode as they approach the coming months, mainly eying macroeconomic data and decisions for cues on further positioning.

Fear and greed index falls to new low, last seen in Oct 2023. (Chris Charles/Unsplash)

Policy

Spanish Bank BBVA Gets Green Light to Offer BTC and ETH Trading: Report

BBVA had been working on allowing crypto trading services since 2020.

Spain flag. (Max Harlynking/Unsplash)

Markets

Howard Lutnick Plays Down Recession Fears as BTC Lingers in $80K Range

Commerce Secretary Howard Lutnick is dismissing warnings that Trump’s trade policies will drive economic growth, as a BTC chill hits the markets.

Howard Lutnick (Danny Nelson/CoinDesk)

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