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 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)

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)

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