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

Samara Asset Group Plans up to $32.8M Bond to Expand Bitcoin Holdings

Samara has mandated Pareto Securities to manage bond issuance, which aims to increase bitcoin reserves and expand its investment portfolio.

Euros (Gerd Altmann/ Pixabay)

Markets

Trump's New Administration Would Support Strong Dollar, Economic Advisor Says

A potential Trump presidency could bode well for one of BTC's top nemesis, the U.S. dollar.

(engin akyurt/Unsplash)

Markets

Bitcoin Begins the Week on a High, Jumps Above $64K

Crypto majors moved higher Monday while memecoins led weekend action. PLUS: China stimulus announcements fell short of expectations, but traders’ hopes remain high.

(Stefan Schurr/Shutterstock)

Markets

BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average

BTC blows past downtrend line from late September highs, with $62,000 as key support.

(Alin Andersen /Unsplash)

Markets

Bitcoin Takes Another Shot at $63.5K as China's Vague Fiscal Stimulus Deters Capital Shift

China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.

BTC tops $63K. (CoinDesk)

Markets

Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.

Bitcoin price on 10 11 (CoinDesk)

Markets

Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure

Crypto wallets linked to the defunct exchanges still hold $2.8 billion of bitcoin after having distributed about $6 billion worth of assets to creditors earlier this year.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

MicroStrategy Soars to 25-Year High, With 'NAV Premium' the Widest Since 2021

The stock has gained 4% since bitcoin hit an all-time high in March, while bitcoin itself has declined 16%.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Markets

First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses

The latest price moves in crypto markets in context for Oct. 11, 2024.

BTC price, FMA Oct. 11 2024 (CoinDesk)

Markets

Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to reasons including U.S. election uncertainty and an uptick in Treasury yields.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

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