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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 Hits Major Milestone of $100K, Nears $2 Trillion Market Value
The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Ether Rises 8% Amid Slumping Bitcoin Dominance
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Botanix Labs' Mission to Bring Bitcoin to Defi Moves to Final Testnet Phase
The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.
Recent Inflows Into Spot Bitcoin ETFs Could Be Purely Directional Plays: Van Straten
Since Nov. 20, ETFs have seen over $3 billion in net inflows while open interest on the CME exchange has declined.
With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten
Financial conditions in the U.S. are the loosest since August 2021, providing further tailwinds for crypto.
Bitcoin Gets a Decentralized Exchange as Cosmos Native Osmosis Activates Bridge
"I've always personally been pretty Bitcoin maxi," Osmosis co-founder Sunny Aggarwal said in an interview.
MicroStrategy's Wild Volatility Outpaces Bitcoin by 2.5 Times. Here's What It Means for Traders?
MSTR's elevated implied volatility means increased income potential for savvy investors engaging in options trading. But the strategy is not without risks.
Silk Road Bitcoin Worth Nearly $2B Moved to Coinbase Prime
The transfer could spark selling pressure in the market as it indicates that the U.S. government is preparing to sell or has already sold the assets.
Bitcoin Mining Profitability Improved in November, JPMorgan Says
The total market cap of bitcoin miners tracked by the bank jumped 52% from the month previous, the report said.
