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



Finance

Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B

This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.

MicroStrategy executive chairman Michael Saylor (CoinDesk archives)

Markets

Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility

Approximately 45% ($4.2 billion) of the notional value in bitcoin that is set to expire is currently "in the money".

OI by Strike Price: Nov 29 (Deribit)

Markets

XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations

BTC dropped more than 3.5% from its peak, as profit-taking led to a pullback from the near $100,000 mark late Friday.

Bitcoin moved lower after Trump tariff threat (Shutterstock)

Markets

Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund

Intelligent Alpha’s investment committee is composed of three AIs and the fund's CEO tries to stay out of their way.

robot hand holding dollar bills

Markets

First Mover Americas: Rotation to Altcoins Has Started With Gensler's Exit Date Set

The latest price moves in crypto markets in context for November 22, 2024.

CoinDesk 20 Index vs. Bitcoin price (CoinDesk)

Markets

Bitcoin Retail Investor Selling Signals Coming Pullback, but There Might be a Catch

Dubbed "smart money" of late, retail bitcoiners are starting to sell, but exchange balances are falling, suggesting plenty of buyers.

Tug of War. (falco/Pixabay)

Markets

First Mover Americas: Bitcoin at $100K Sounds Nice, but Expect Pullback

The latest price moves in crypto markets in context for November 21, 2024.

Bitcoin price on Nov. 21 (CoinDesk)

Markets

Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K

Bitcoin has added $30,000 since Donald Trump won the U.S. presidential election and closing in on a $2 trillion market cap.

BTC: Binance vs CME: Futures Open Interest Dominance (Glassnode)

Markets

Bitcoin Futures Smash Through $100K Barrier on Deribit

Deribit's BTC futures expiring in March, June and September 2025 trade above $100,000.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

Markets

Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.

MSTX's options volume profile . (Convex Value)

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