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 Crosses $97K, Continuing Wild ‘Trump Trade’ Rally

BTC traded above $96,500 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.

(Giovanni Calia/Unsplash)

Markets

First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen

The latest price moves in crypto markets in context for November 20, 2024.

Bitcoin price on Nov. 20 (CoinDesk)

Markets

Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits

BlackRock’s IBIT was the first U.S. spot bitcoin ETF to launch with options tied to it. The rest of the pack comes later Wednesday.

BlackRock headquarters (Shutterstock)

Markets

MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap

The company's stock is now up over 500% year-to-date, approaching a $100 billion market cap.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Markets

Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers

The bullish sentiment in the IBIT options is consistent with the noticeable activity in the $200,000 bitcoin call trading on Deribit.

(Jim Henderson, modified by CoinDesk)

Markets

Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure

IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market.

(Gino Crescoli/Pixabay)

Markets

Rumble Stock Rises as CEO Teases Bitcoin Adoption

The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.

Rumble mulls bitcoin treasury strategy (Mariia Shalabaieva/Unsplash)

Markets

Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live

Spot bitcoin exchange-traded funds options are making solid volume on their first day.

Bitcoin price on Nov. 19 (CoinDesk)

Markets

First Mover Americas: Options Coming to Bitcoin ETFs Is a Big Deal

The latest price moves in crypto markets in context for November 19, 2024.

Nasdaq is seeking approval from regulators to allow the launch and trading of options tied to the price of bitcoin. (Shutterstock)

Markets

Bitcoin Mining Economics Improved in the First Half of November: JPMorgan

The total market cap of the mining stocks tracked by the bank grew 33%, the report said.

(Shutterstock)

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