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 Could Drop to $86K as Demand, Network Activity Falter: CryptoQuant

Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Markets

Bitcoin Rewards App Fold Volatile in Wall Street Debut

The firm, which holds 1,000 BTC, went public on the Nasdaq Wednesday via a SPAC merger.

Fold bitcoin reward app (Fold)

Markets

Bitcoin Not to Be 'Lumped Together' With Crypto: Czech Central Bank Chief Michl

Ales Michl had previously proposed the Czech National Bank consider bitcoin as a reserve asset.

Czech National Bank's Ales Michl

Markets

Semler Scientific Q4 EPS Jumps to $3.64 After Marking Up Bitcoin Holdings

The medical-devices company currently holds 3,192 bitcoin after boosting its holdings earlier this month.

Bitcoin, Semler Scientific

Markets

Strategy Raising Another $2B to Buy More Bitcoin

The price of bitcoin rose modestly as the news hit just after the U.S. stock market close on Tuesday.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Markets

Bitcoin Slumps Below $94K, but One Analyst Says $500K Forecast Remains in Play

Recent U.S. regulatory filings are show a broadening in the base of buyers for bitcoin ETFs.

Crypto plunges in quick fashion (Unsplash)

Markets

U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan

Mining economics came under pressure as the network hashrate rose while the bitcoin price fell, the report said.

(Shutterstock)

Markets

Ether ETFs Register $393M in Inflows This Month as Crypto Investors Turn Their Back on Bitcoin

Investors pivot to ether ETFs as Ethereum's impending Pectra upgrade is expected to bode well for cryptocurrency.

A pen lies on top of a spreadsheet printout (steinarhovland/Pixabay)

Markets

Bitcoin Is Coiled Like a Spring, a Breakout of This Range Is Coming: Van Straten

Bitcoin’s volatility is near one of its lowest levels in years, and it is primed for a short-term move.

Choppiness Index (Checkonchain)

Finance

Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Maple Finance's Sid Powell (Danny Nelson/CoinDesk)

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