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



Opinion

MicroStrategy Outpaces BlackRock's IBIT by Over 3x Year-to-Date

Exploring the unique strategies and competitive landscape of BlackRock's IBIT vs. MicroStrategy

MSTR vs IBIT YTD: (Source: TradingView)

Tech

Bitcoin Rollup Citrea Deploys BitVM-Based Bridge 'Clementine' on Testnet

Citrea's aim is to use Bitcoin as a settlement layer to make it "the foundation for the world's finance."

Citrus, clementine (Fotozeit/Pixabay)

Markets

Bitcoin Miner From Network’s Earliest Months Is Sending BTC to Kraken

The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut

The latest price moves in crypto markets in context for Sept. 24, 2024.

BTC price, FMA Sept. 24 2024 (CoinDesk)

Markets

Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience

Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.

BTCUSD trading range: (Glassnode data)

Markets

Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex

A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.

Didgeman/Pixabay

Markets

AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst

NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.

Bitcoin price on 09 23 (CoinDesk)

Markets

Bitcoin Could Surge Thanks to Looser Financial Conditions

A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021.

DXY vs BTC (Tradingview)

Markets

First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week

The latest price moves in crypto markets in context for Sept. 23, 2024.

BTC price, FMA Sept. 23 2024 (CoinDesk)

Markets

BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally, Bitwise Predicts

Last week, the U.S. Securities and Exchange Commission's (SEC) approved the list of of physically settled options tied to BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).

(Jim Henderson, modified by CoinDesk)

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