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

Crumbling Markets Have Sent Treasury Yields Plunging, Offering Hope for Crypto

Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.

United States Capitol Building in Washington D.C (ElevenPhotographs/Unsplash, modified by CoinDesk)

Markets

Bitcoin Mining Economics Weakened in February: JPMorgan

The total market cap of the 14 publicly-listed U.S. bitcoin miners that the bank tracks dropped 22% last month, the report said.

JPMorgan building (Shutterstock)

Markets

El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption

The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.

El Salvador flag (Unsplash)

Markets

Mexican Billionaire Ricardo Salinas Says He Has 70% Bitcoin-Related Exposure

The billionaire, a well-known bitcoin proponent, added he holds no bonds or stocks except for his own company shares.

Ricardo Salinas (CoinDesk archives)

Markets

Tom Lee Predicts Market Bottom This Week, Still Sees Bitcoin Closing the Year at $150K

Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.

MSTR's price chart hints at bottoming pattern. (PublicDomainPictures/Pixabay)

Markets

Bitcoin Drop to $84K Fills CME Futures Record Price Gap, Nearly $1B Bets Liquidated

CME gaps — price disparities caused by the exchange’s weekend closure while spot markets trade around the clock — tend to historically act as magnets for bitcoin prices.

(TradingView)

Markets

Bitcoin Price Support Near $82K Under Threat as Nasdaq Triggers 'Double Top'

The technical outlook has worsened for both BTC and Nasdaq.

BTC's technical outlook worsens following Nasdaq's double top breakdown. (danfador/Pixabay)

Markets

ADA, XRP, SOL Dive 21% to Reverse All Gains From Trump’s Strategic Reserve Plans

The sharp reversal aligned with a cautious mood among traders after Monday’s market rally following the ambitious plan, as a CoinDesk analysis previously noted.

President Donald Trump (TheDigitalArtist/Pixabay)

Markets

Major U-Turn in Crypto Markets Sends Bitcoin Back Below $87K

The U.S. stock market has turned lower as well ahead of coming tariffs against major trade partners.

(Mark Basarab/Unsplash)

Markets

One Trader Made Millions Betting $200M on BTC Just Before Trump's Crypto Reserve News

At one point the trader was just $50 away from being liquidated.

(Getty Images/Unsplash+)

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