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



Tech

'DeFi on Bitcoin' Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

BOB team (BOB)

Markets

Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

Fed Chair Jerome Powell (House Financial Services Committee)

Tech

Bitcoin's Memecoin-Like 'Runes' Get a Boost With AMM Launch on Stacks

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

16:9 Runes (Alex Volodsky/Pixabay)

Markets

Bitcoin Holder Semler Scientific's Shares Now Available for Options Trading

The medical device company adopted a bitcoin treasury strategy earlier this year and currently holds 2,084 tokens worth roughly $220 million.

Bitcoin, Semler Scientific

Markets

MicroStrategy's Addition to Nasdaq-100 May Pave Way for S&P 500 Inclusion: Benchmark

The software company's potential addition to the S&P 500 index could be an even larger opportunity in the medium-term, the report said.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Markets

Bitcoin Traders No Longer Chasing Record Price Rally Like Before, Options Data Show

The way options are currently priced indicates a more measured bullish sentiment compared to what we've witnessed recently.

Magnifying glass. (Lucas23/Pixabay)

Markets

Bitcoin Mining Economics Continued to Improve in December, JPMorgan Says

The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

(Sandali Handagama/CoinDesk)

Markets

BlackRock Bitcoin ETF Put Options at $30, $35 Price Levels See Volume Spike

The spike in activity likely stems from "cash-secured" selling of the options by traders who missed the rally in the ETF.

Stablecoin inflows have stalled ahead of the CPI report.(sergeitokmakov/Pixabay)

Markets

Larger Cohorts Than U.S. ETFs or MicroStrategy Are Dictating Bitcoin Price: Van Straten

Since September, MicroStrategy and U.S.-listed spot ETFs have accumulated approximately 200,000 bitcoin each.

BTC: Long vs Short-Term Holder Threshold (Glassnode)

Markets

Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan

The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.

(Shutterstock)

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