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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
Bitcoin Approaches All-Time Highs as Daily OTC Desk Inflows Drop to Year's Lows: CryptoQuant
Over-the-counter desks hold 416,000 bitcoin valued around $30 billion, a level that has remained stagnant for the past month.
Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?
The Bhutan government recently deposited almost 1,000 BTC into a Binance deposit address. It holds $900 million of the asset.
Bitcoin Tops $73.5K, Climbing Just Shy of New Record High
The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.
Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High
A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge
The latest price moves in crypto markets in context for Oct. 29, 2024.
Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K
U.S. listed spot ETF inflows continue to break records, as CME open interest spikes in the past 24 hours.
Bitcoin Surges Above $71K as Wild Crypto Market Pump Sees $175M in Shorts Liquidated
BTC added 5% in the past 24 hours, CoinGecko data shows, breaking out of a key $70,000 resistance with $48 billion in trading volumes, or nearly double the volumes from Monday.
Bitcoin Tops $70K for First Time in More Than Four Months
The price still remains below its record high of $73,700 hit in early March of this year.
Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K
Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
Emory University Joins Bitcoin ETF Rush, Reporting $16M Holding in Grayscale Vehicle
The endowment also reported a modest holding in crypto exchange Coinbase (COIN).
