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

Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%

The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Bitcoin Margin Longs on Bitfinex Defy Bearish Seasonality

The number of bullish bets raised with the help of borrowed funds has steadily increased since late August.

BTC margin longs on Bitfinex. (Coinglass)

Finance

Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody

Metaplanet said it was adopting bitcoin as a reserve asset in May and had accumulated a total of 360 BTC by mid-August.

(Beth Macdonald/Unsplash)

Markets

First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September

The latest price moves in crypto markets in context for Sept. 2, 2024.

BTC price, FMA Sept. 2 2024 (CoinDesk)

Markets

Key Week for Bitcoin and the Dollar Index

This week's slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.

(Pexels/Pixabay)

Markets

Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September

Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S.

“Blackie,” a collectible Beanie Baby, sat on the desk of legendary American investor Bill Gross as a representation of a “bear” market. (National Museum of American History, modified by CoinDesk)

Markets

OKX Brings Update to Ease Bitcoin Arbitrage

The new offering allows traders of varied experience levels to maximized returns through price-agnostic bets.

Trading (Pixabay)

Markets

Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement

It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.

Bitcoin price 8/30 (CoinDesk)

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