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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
Bitcoin Returns Above $100K as Early 2025 Crypto Rebound Continues
Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump's Inauguration
Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20
Bitcoin Buyers Saw 40% Gain on Average Last Year, Realized Price Shows
The average realized price of 2024 buyers in bitcoin was $65,901.
Ether's Record Leverage Ratio of 0.57 Is Over Double That of Bitcoin
Ether stands out relative to BTC as the go-to major currency for traders looking to amplify returns with the use of leverage
Bitcoin's Computing Power May Hit a Major Milestone Long Before Next Halving
Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.
Beware of Bitcoin's 'Shooting Star' at Record Highs: Godbole
The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher.
BlackRock’s Bitcoin ETF Records Its Largest Outflow
BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.
Dollar's Post-Election Path Is Tracking Trump's First Presidential Term: Van Straten
The DXY index is up over 3% since the election and is following a trajectory similar to his first presidential term.
Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
