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

Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness

CME bitcoin futures open interest reaches all-time high, driven by active and direct participants - K33 Research.

Bulls (Delphine Ducaruge /Unsplash)

Markets

Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms

Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.

Dollar flying (Pixabay)

Finance

Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.

On-chain data shows wallets associated with Elon Musk's electric car company have been emptied.

Is Elon Musk's Tesla selling bitcoin? (Chesnot/Getty Images)

Markets

Why the $172B Stablecoin Market Could Send Crypto Prices Higher

The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.

(Unsplash)

Markets

Bitcoin Jumps to Just Shy of $68K Before Quick Plunge Lower

Digital assets are finally beginning to pay attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered's Geoff Kendrick.

Rollercoaster (Matt Bowden/Unsplash)

Finance

Blockstream Raises $210M in Convertible Note Financing Round

The money will be used to advance adoption and development of Blockstream's layer-2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.

(engin akyurt/Unsplash)

Markets

First Mover Americas: Bitcoin Takes Bull Breather

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

BTC price, FMA Oct. 15 2024 (CoinDesk)

Markets

CME's Bitcoin Friday Futures Are Ideal for News Traders: CF Benchmarks

Friday contracts debuted on Sept. 30 with a bang, becoming CME's most successful crypto futures launch ever.

(Shutterstock)

Markets

Bitcoin ETF Daily Inflow Hits $556M as BTC Appears Primed for Breakout

Weekly inflows might challenge records as technical pointers suggest a BTC rally in the works.

Scrabble letters spelling ETF arranged a rack

Markets

This Chart Indicates Bitcoin May Be Headed for Record Highs Above $73K

The "three-line break" chart, which filters out noise and erratic price movements, suggests the broader bull run has begun.

(Giovanni Calia/Unsplash)

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