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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
GameStop Urged to Convert Its $5B Cash Into Bitcoin by Strive's CEO Matt Cole
GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.
Bitcoin Likely to Head Even Lower, but Seeds of Next Bull Move Are Being Sown
The interest rate outlook has gotten appreciably softer over the past couple of weeks.
Bitcoin Traders 'Buy the Dip' as BTC Price Slips Below $88K, Kraken Says
Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.
Metaplanet Buys 135 More Bitcoin to Become a Top-15 Publicly Traded BTC Holder
Metaplanet now holds 2,235 BTC and its share price is less than 20% off its all-time high.
Crypto Greed Index Flashes 'Extreme Fear' as Market Drops 10%
Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.
U.S. Bitcoin ETFs Post Year's 2nd-Biggest Outflows as Basis Trade Drops Below 5%
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Bitcoin Slides Below $87K to 3-Month Low as Nasdaq Futures Dip, Yen Sparks Risk-Off Fears
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
Bitcoin Slips Under $94K as Stocks Try to Shake Last Week's Jitters
Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.
