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

Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.

Heading of Bitcoin Whitepaper

Markets

Bitcoin Rally to Record High Knee-Capped as Trump Tariff Threat Hits Risk Assets

The president said he intends to impose 25% tariffs on Mexico and Canada on February 1.

Bitcoin moved lower after Trump tariff threat (Shutterstock)

Finance

Elastos Raises $20M to Build Native Bitcoin DeFi Protocol

Another project looking to turn Bitcoin into a more fruitful base for DeFi has raised $20 million in funding toward that goal

16:9 Elastic (evondue/Pixabay)

Markets

World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M

Norway’s sovereign wealth fund saw a 153% year-over-year increase in indirect bitcoin exposure in 2024, according to K33 Research.

Norges Bank Investment Management (NBIM) sees non direct bitcoin exposure soar past $350 million (Shutterstock)

Markets

Bitcoin, ADA, DOGE Notch Slight Gains as Litecoin ETF Filing Spurs LTC 14% Higher

BTC added nearly 3% in the past 24 hours after the FOMC meeting, reversing all losses from a Monday bloodbath that saw prices drop as much as 8%.

An ETF promising 100% downside protection for volatility in the price of bitcoin hit the market on Wednesday. (Charlie Harris/Unsplash)

Markets

Bitcoin Friday Futures: CME Group’s Top Crypto Launch Adds Options in February

These new financially settled contracts will expire daily from Monday to Friday.

CME Group to Launch Options on Bitcoin Friday Futures (OleksandrPidvalnyi/Pixabay)

Markets

Ether's Worst Showing Versus Bitcoin Highlights Cycle of Diminishing Returns: Van Straten

The two tokens' relative performance is more a sign of bitcoin strength than ether's weakness, one observer said.

Ethereum: ETH/BTC Ratio Since Cycle Low (Glassnode)

Markets

Long-Term Bitcoin Holders Are Spending Their BTC, A Bullish Signal, Analysts Say

Analysts observing previous BTC bull market said the outlook remains constructive while long-term holders continue to distribute their coins.

BTC long-term holders continue to sell. (Alexas_Fotos/Pixabay)

Markets

Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain

New FASB rules allow for corporate bitcoin owners to mark those assets to market.

Elon Musk (Daniel Oberhaus/Flickr)

Markets

Fed Holds Rates Steady, Takes Note of Elevated Inflation

Bitcoin initially fell on hawkish language in the Fed's policy statement, but later recovered.

Fed Chair Jerome Powell (House Financial Services Committee)

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