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 Dips Below $90K After Hitting New High of $93.4K. Is it Following the Nasdaq-to-S&P 500 Ratio?

BTC seems to be following the pattern in the Nadaq-to-S&P 500 ratio, widely seen as a gauge of investor risk appetite in traditional and emerging technology sectors.

Price rising charts markets indices (Unsplash)

Tech

Protocol Village: Pulse, Web3 Health Tech Startup, Closes $1.8M Pre-Seed Round

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 7-13.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Surges to New Record Over $93K as Strong U.S. Demand Crushes Resistance Level

The move came as U.S. markets opened for trade, suggesting strong demand from American investors.

Bitcoin price on Nov. 13 (CoinDesk)

Markets

Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks

BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.

(geralt/Pixabay)

Markets

U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

The core CPI rate rose 0.3% last month, also in line with forecasts.

food shopping in brown bags

Markets

First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K

The latest price moves in crypto markets in context for Nov. 13, 2024.

BTC price, FMA Nov. 13 2024 (CoinDesk)

Markets

Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Van Straten

Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.

BTC: Options ATM Implied Volatility (Glassnode)

Markets

Bitcoin Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Bull Run

All we would say here is not to fight this emerging dollar uptrend, ING said.

(engin akyurt/Unsplash)

Tech

‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Will Foxley opens OP_NEXT (Danny Nelson/CoinDesk)

Markets

Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets

Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.

(David Mark/Pixabay)

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