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

Ether Rally Turns Into Crypto Market Slide With Bitcoin Slipping Below $96K

Ether's brief run to $2,850 on Monday was due to a catch-up trade that could reverse later, one trader said.

ETH's rally once again foreshadowed a market-wide dip on Monday (Kelly Sikkema/Unsplash)

Markets

FTX Payout, Trump-Musk Interview, FOMC Minutes May Roil Crypto Markets This Week

Bitcoin's lackluster price action may receive a jolt from this week's macroeconomic calendar.

U.S. flag and man offering a wad of dollars

Markets

U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Finance

Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC

The Tokyo-based company said it spent an average of 14.8 million yen per bitcoin.

Skyscrapers in Tokyo

Markets

In a Lethargic Bitcoin Market, BTC $110K Option Play Emerges as Top Trading Strategy

Traders continue to position for price gains through options even as BTC trades listless below $100K.

Ether charts signal seller fatigue. (TheDigitalArtist/Pixabay)

Markets

Strategy Could Be Eligible for S&P 500 Inclusion in June if Bitcoin Closes Q1 Above $96K

The last hurdle for MSTR to qualify for the S&P 500 is to achieve positive GAAP net income over the trailing 12 months.

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

Coindesk News

El Salvador Dispatch: How Bitcoin Taught a Nation to Dream

The Central American nation is on a roll. This year’s Plan B conference was electric, featuring famous speakers from abroad as well as native Spanish content.

Sunset in San Salvador. Credit: Ricky Mejia, Unsplash

Markets

Abu Dhabi Discloses $437M Stake in BlackRock Spot Bitcoin ETF

The ownership interest was held via Mubadala Investments, one of the country's sovereign wealth funds

Abu Dhabi

Markets

Bitcoin Looks to Break Long Streak of Weekend Skids

The world's largest crypto has declined for five consecutive weekends, noted Standard Charterd's Geoff Kendrick.

Bitcoin Looks to Break Long Streak of Weekend Skids

Markets

Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room to Run: Van Straten

Since September, short-term holders have accumulated over 1.5 million bitcoin.

BTC: Short vs Long Term Holder (Glassnode)

Pageof 865