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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
Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer
Nansen aims to pave the way for more efficient decision-making in Bitcoin layer 2s empowered by the insights its data and analytics provide
Bitcoin Looks Ripe for Price Pullback as $80K Breakout Looks Overstretched: Godbole
Chart studies reveal that BTC's price rally appears overstretched and could be primed for a classic "bull market pullback."
Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham
Trustees transferred over 30,000 BTC from “1FG2C…Rveoy” to “1Fhod…LFRT,” a new wallet, and $200 million to a Mt. Gox cold wallet.
Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated
Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players.
Bitcoin Price Tops $80K as Futures Premium Soars and $1.6B in Open Options Bet Hints Big Swings
Futures premiums soar, indicating a bias for bullish bets.
Why Bitcoin Will Soar Above Its Fresh Record: Van Straten
Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep surging, CoinDesk senior analyst James Van Straten argues.
Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut
ETH is on track to register its biggest weekly since May, but remains well below its record high.
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
Cardano's ADA, Polygon's POL advanced 15% as the broad-market CoinDesk 20 Index outperformed BTC.
First Mover Americas: BTC in Price Discovery Mode Following Record High
The latest price moves in crypto markets in context for Nov. 8, 2024.
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
