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



Finance

U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report

He tried to sue the local council for not responding to his requests to search the site, but the case was dismissed by a judge in January.

Landfill site (Getty Images / Unsplash)

Markets

Strategy Resumes Bitcoin Purchases, Takes Holdings to 478,740 BTC

Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

Markets

Bitcoin Difficulty Hits New Highs as Key Metric Signals Miner Capitulation and Possible Bottom

Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.

BTC: Difficulty Adjustment Percent Change (Glassnode)

Markets

Bitcoin HODLer Metaplanet Achieves $35M Unrealized Gains in 2024 Thanks to BTC Treasury

Metaplanet said it was the best-performing equity in 2024 out of 55,000 publicly listed companies.

The Diet building, Japan's parliament. (Shutterstock)

Markets

Bitcoin Indicator That Signaled $70K Breakout Turns Bearish as Trump's Trade War Rhetoric Grows

The renewed bearish signal on the key indicator is not an immediate threat to BTC, but Trump's tariff rhetoric could shake up the market.

Bear and bull (Pixabay)

Markets

KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.

MicroStrategy CEO Michael Saylor.

Markets

Bitcoin Tops $100K After U.S. Added Fewer Than Forecast Jobs in January

The unemployment rate fell to 4%, rather than holding steady at 4.1%.

The U.S. released January jobs numbers Friday morning (Ernie Journeys/Unsplash)

Markets

Riot Platforms Bucks Trend of Weak Bitcoin Production in January

Riot mined 527 bitcoin in January, the highest amount since December 2023.

Mining Stocks YTD Share Price Performance (TradingView)

Markets

Growing Demand for Bitcoin $80K and $90K Puts Signals Caution Ahead of Jobs Data

The demand for puts shows persistent caution ahead of the nonfarm payrolls report.

Computer screens show a security's price graph (PIX1861/Pixabay)

Markets

Bitcoin in a Mire, Gold Eyes 6th Straight Week of Gains as Jobs Data Looms

BTC struggles amid weak on-chain activity while gold shines bright ahead of the pivotal U.S. nonfarm payrolls report.

BTC in stasis ahead of the jobs report (AhmadArdity/Pixabay)

Pageof 865