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

Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor

“The Trump administration understands it, I think Senator Lummis understands it … that’s why it will happen,” Saylor said during a presentation at an event in Miami Thursday.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk/Danny Nelson)

Markets

Fed Chair Jerome Powell's Hawkish Comments Throw Some Cold Water on Crypto

A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.

Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)

Markets

First Mover Americas: Bitcoin Trades Around $91K as ETF Inflows Remain Strong

The latest price moves in crypto markets in context for Nov. 14, 2024.

BTC price, FMA Nov. 14 2024 (CoinDesk)

Markets

What Does a 60/40 Portfolio Look Like if We Replace Bonds With Bitcoin? A Lot Better: Van Straten

The traditional 60/40 portfolio that seemed to yield good returns, doesn't seem to be the answer to this new inflationary world.

An investment portfolio. (Shutterstock)

Markets

U.S. ETF Inflows Hit $4.7B Over 6 Days as Bitcoin Becomes 7th-Largest Asset in the World

Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.

Crypto stocks are starting the week in a bullish frame of mind. (Delphine Ducaruge /Unsplash)

Markets

Institutions Go All In on Crypto: Sygnum Survey Reveals 57% Respondents Plan to Boost Allocations

A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.

stone columns in front of a building

Markets

Bitcoin Dips Below $90K After Hitting New High of $93.4K. Is it Following the Nasdaq-to-S&P 500 Ratio?

BTC seems to be following the pattern in the Nadaq-to-S&P 500 ratio, widely seen as a gauge of investor risk appetite in traditional and emerging technology sectors.

Price rising charts markets indices (Unsplash)

Tech

Protocol Village: Pulse, Web3 Health Tech Startup, Closes $1.8M Pre-Seed Round

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 7-13.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Surges to New Record Over $93K as Strong U.S. Demand Crushes Resistance Level

The move came as U.S. markets opened for trade, suggesting strong demand from American investors.

Bitcoin price on Nov. 13 (CoinDesk)

Markets

Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks

BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.

(geralt/Pixabay)

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