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's Correlation to U.S. Equities and Ether Weakens: Van Straten

The total cryptocurrency market hits a new all-time high of $3.025 trillion as bitcoin consolidates around $92,000.

Price rising charts markets indices (Unsplash)

Markets

Bitcoin Near a Record High Might Be Just Half the Journey as BCA Research Signals $200K

According to BCA Research analysis of fractal patterns, the bitcoin price might climb above $200,000.

(Paul Kenny McGrath/Unsplash)

Markets

Missed BTC Rally to $93K? Bitcoin Memecoins Could Be Next to Watch

While on-chain metrics show no uptick in Runes protocol on chain metrics as of Monday, these typically follow social activity and narratives, with prices leading afterward.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Finance

Metaplanet Follows MSTR's Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases

Metaplanet to issue one-year bonds to finance BTC purchases.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Frenzy Alert: JPMorgan's Bitcoin Retail Sentiment Score Hits Record High, MSTR's Call Skew Soars

A speculative frenzy seems to have gripped the market, which could lead to a sudden sentiment shift and two-way price turbulence.

Ether bears have an upper hand following the trendline break (Shutterstock)

Policy

An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’

The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept bitcoin as legal tender.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Finance

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike

The most recent batch of 13F reports filed by institutional investors was uneventful alongside bitcoin's price action during the third quarter.

An ETF promising 100% downside protection for volatility in the price of bitcoin hit the market on Wednesday. (Charlie Harris/Unsplash)

Markets

This OG Bitcoin Investor Just Turned $120 Into $178M

The user held BTC from when it was worth $0.06 all the way up to $90,000.

Token unlocks are usually bearish events, increasing a token's supply.(FLY:D/Unsplash)

Finance

From Real Estate and Stocks: Former Premier League Player's New-Found Love of Bitcoin

Soccer player George Boyd made over 100 Premier League appearances and has now joined crypto ETF issuer Jacobi Asset Management as an ambassador.

George Boyd playing for Burnley in 2016.  (Catherine Ivill/AMA/Getty Images)

Markets

First Mover Americas: Bitcoin Shaky as Traders Bank Profits

The latest price moves in crypto markets in context for Nov. 15, 2024.

BTC price, FMA Nov. 15 2024 (CoinDesk)

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