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

U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

The core CPI rate rose 0.3% last month, also in line with forecasts.

food shopping in brown bags

Markets

First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K

The latest price moves in crypto markets in context for Nov. 13, 2024.

BTC price, FMA Nov. 13 2024 (CoinDesk)

Markets

Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Van Straten

Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.

BTC: Options ATM Implied Volatility (Glassnode)

Markets

Bitcoin Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Bull Run

All we would say here is not to fight this emerging dollar uptrend, ING said.

(engin akyurt/Unsplash)

Tech

‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Will Foxley opens OP_NEXT (Danny Nelson/CoinDesk)

Markets

Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets

Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.

(David Mark/Pixabay)

Markets

El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger

Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Markets

First Mover Americas: Bitcoin Flirts With $90K in Volatile Trading Session

The latest price moves in crypto markets in context for Nov. 12, 2024.

BTC price, FMA Nov. 12 2024 (CoinDesk)

Markets

Bitcoin 'Shrimps' Buying the Historic Rally as Whales Offload: Van Straten

Bitcoin has surged by $20,000 in the past week as we examine the cohort breakdown of this rally.

Trend Accumulation Score by cohort: (Glassnode)

Markets

Ether ETF Inflows Hit Record, Bitcoin Inflows Soar as BTC Eyes $90K

Bitcoin and ether ETF inflows soared on one of the biggest days in the BTC's history.

Bulls fighting. (Bykofoto/Shutterstock)

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