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



Coindesk News

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he told CoinDesk.

Draper University Tim Draper

Markets

Bitcoin Crossing $2T in Market Cap Triggers Wave of New Buyers, but Key Players Tread Cautiously, Onchain Data Show

While first-time buyers show strong interest, momentum buyers remain weak, suggesting potential price consolidation.

BTC's $2T market cap triggers a wave of first time buyers. (StockSnap/Pixabay)

Markets

Bitcoin Falls Below $102K; Easing of Tariff Risk Could See More Underperformance

After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.

Bitstamp reversed course. (Peter Hermus/Getty images)

Markets

XRP, BTC Among Major Tokens Flashing Signs of Bulls Returning to Crypto

The improving market breadth points to growing investor confidence.

Crypto market breadth improves. (ArtTower/Pixabay)

Markets

Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC

The Michael Saylor-led company now holds 568,840 bitcoin.

Photo of Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De)

Markets

Bitcoin’s Bull Run Against Gold Could Accelerate as U.S.-China Trade Tensions Ease: Chart Analysis

Easing trade tensions between the U.S. and China could lead to a broader risk-on sentiment and weigh over gold.

gold bars (Philip Oroni/Unsplash+)

Markets

Metaplanet Overtakes El Salvador With $126M Bitcoin Purchase

Japan’s Metaplanet said Monday it had purchased another 1,241 bitcoin (BTC), bringing total holdings to nearly 6,800.

Tokyo, Japan (Jaison Lin/Unsplash)

Markets

Bitcoin Eyes Record High Above $109K as U.S. Cuts Tariffs on Chinese Goods to 30% From 145%

China said it will release a joint statement with the U.S. on what was achieved.

BTC eyes record high. (bozziniclaudio/Pixabay)

Tech

Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share

Rootstock is one of numerous projects looking to bring greater utility to Bitcoin by expanding the provision for DeFi with smart contracts.

Rootstock founder Sergio Demian Lerner gesticulates and wears a microphone headset. (Bradley Keoun)

Markets

Bitcoin Challenges $105K on Positive Weekend Macro Headlines

"Many things discussed, much agreed to," said President Trump of today's trade negotiations with China.

Close up image of Donald Trump speaking at lectern

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