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

Bitcoin Sees Selling at $97K, Cardano’s ADA Leads Majors Gains Ahead of FOMC Meeting

Market volatility may soar as a regional tussle between India and Pakistan intensifies and the U.S.-China trade war looms.

Bull bear (gopixa/Shutterstock)

Markets

Forecasting Fed-Induced Price Swings in Bitcoin, Ether, Solana and XRP

Traders looking for cues on potential Fed-led moves in major tokens might want to see what implied volatility indices are saying.

Forecasting Fed-induced volatility in BTC, ETH and altcoins. (ds_30/Pixabay)

Markets

Bitcoin Races Above $97K on U.S.-China Trade Deal Progress

Treasury Secretary Scott Bessent is headed to Switzerland for talks with Chinese representatives.

Photo of U.S. Vice President JD Vance, Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth

Markets

Bitcoin Dominance Soars Ahead of FOMC as Volatility Burst Looms, Says Analyst

Crypto markets are in a holding pattern as capital rotation from altcoins pushed bitcoin's market share to fresh 4-year high.

Bitcoin price on May 6 (CoinDesk)

Markets

Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments

We have only seen some nuanced demand for protective BTC puts, reflecting limited caution among sophisticated traders, Deribit's CEO told CoinDesk.

Dominos showing risk. (Getty)

Policy

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration

The two bills, which were both filed in February, sought to allow investment of public funds in BTC

florida (CoinDesk Archives)

Markets

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

Bitcoin bulls may run into significant selling pressure at around $99,900, on-chain data show.

Attention BTC bulls, $99.9K may emerge as stiff resistance. (corgaasbeek/Pixabay)

Markets

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money.

Federal Reserve Chair Jerome Powell. (CoinDesk Archives)

Markets

Bitcoin’s Support at $88.8K in Focus After Trendline Break; XRP Eyes Death Cross: Technical Analysis

XRP is nearing a 'death cross,' a bearish indicator, as its price falls below the 50-day moving average.

support (CoinDesk Archives)

Markets

Bitcoin Could Slide to $90K as BTC Traders Eye Fed Meeting

The Fed is widely expected to leave rates steady on Wednesday, but traders will monitor comments for economic projections and clarity on future rate cuts.

Water slide. (jarmoluk/Pixabay)

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