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

Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average

Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.

Bitcoin continúa cayendo mientras otros activos de riesgo suben. (Getty Images)

Markets

First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?

ALSO: Sam Reynolds writes that DeFi total value has been rallying recently after tumbling in mid-November, a sign that investors believe in DeFi's potential.

Bitcoin was hovering near $17.3K. (Oliver Furrer/Getty Images)

Finance

A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It

Plus: What happens when you go from bitcoin-only to … not?

Another day, another bitcoin doomsayer (DALL-E, CoinDesk)

Markets

Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.

Galaxy Digital won an auction to buy self-custody platform GK8. (Jeremy Thomas/Unsplash)

Finance

Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Markets

Bitcoin Slips as US Economy Added a Strong 263K Jobs in November

The unemployment rate was unchanged at 3.7%.

Traders de bitcoin permanecen atentos a los informes de empleo de noviembre. (Mario Tama/Getty Images)

Markets

First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

The latest price moves in crypto markets in context for Dec. 2, 2022.

The U.S. jobs report is due to be released early Friday. (Getty Images)

Markets

Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market

In the past, outsized gains in DOGE have paved the way for a broader market sell-off.

(Christal Yuen/Unsplash)

Markets

First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious

ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors' continued interest in crypto and may offer hope for the industry's rebound.

Racha perdedora. (Jhorrocks)

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