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

First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly

The latest price moves in crypto markets in context for Oct. 22, 2024.

BTC price, FMA Oct. 22 2024 (CoinDesk)

Markets

Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility

Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”

Open Interest by Strike Price (Deribit)

Markets

Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?

It's been an excruciating seven-plus months for the bulls as upside price breakouts have continually been reversed.

Bitcoin price on Oct. 21 (CoinDesk)

Markets

First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls

The latest price moves in crypto markets in context for Oct. 21, 2024.

BTC price, FMA Oct. 21 2024 (CoinDesk)

Markets

Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks

Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Markets

Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears

Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

(Phil Hearing/Unsplash)

Markets

Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K

A widely-tracked momentum indicator has flipped positive for the first time since April.

Traffic, green light. (Alexas_Fotos/Pixabay)

Markets

Bitcoin Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change

The downtrend in the yen has resumed in strong fashion, a good sign for risk assets, crypto among them.

Crypto stocks are starting the week in a bullish frame of mind. (Delphine Ducaruge /Unsplash)

Markets

First Mover Americas: BTC Flirts With $68K Amid ETF Inflows

The latest price moves in crypto markets in context for Oct. 18, 2024.

BTC price, FMA Oct. 18 2024 (CoinDesk)

Markets

Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July

In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply.

Bitcoin ETP Inflows (Bold.Report)

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