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

Proven Bitcoin Momentum Indicator Flashes Green, Supporting Analyst $140K-$200K Price Predictions

A positive flip in the indicator has preceded every major rally since 2020.

A momentum indicator has turned green for BTC bulls. (geralt/Pixabay)

Markets

Bitcoin Boom Likely as Bond Yields Surge - Yes, You Read That Correctly

Elevated Treasury yields are driven by factors that are bullish for bitcoin.

fireworks

Markets

Bitcoin May Be Headed Towards a 2021-Like Double Top

Several on-chain metrics are pointing toward waning momentum as bitcoin attempts to reach its January record just above $109,000.

Bear (mana5280/Unsplash)

Finance

Cantor Equity Partners Discloses $458M Bitcoin Acquisition

The bitcoin treasury company made the purchase via Tether at an average price of $95,320 per BTC.

Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)

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)

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