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



Merkado

U.S. Election 2024: Bitcoin and S&P 500 Options Diverge, Hinting at Major Market Moves

"Either the strong positive correlation between BTC and the S&P 500 is about to break and flip negative, or one of these markets is mispriced. The excitement lies in the uncertainty."

(Phil Hearing/Unsplash)

Merkado

Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans

The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Merkado

MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.

Bitcoin price on 10/07 (CoinDesk)

Opinyon

My Friend, Satoshi?

A forthcoming HBO documentary has reopened speculation that Len Sassaman was the creator of Bitcoin. I knew Len. The theory is plausible.

Len Sassaman circa 2006 (Simon Law/Wikimedia Commons)

Merkado

First Mover Americas: Bitcoin Tests $64K Ahead of Busy U.S. Economic Data Week

The latest price moves in crypto markets in context for Oct. 7, 2024.

BTC price, FMA Oct. 7 2024 (CoinDesk)

Merkado

The Notion of Aggressively Dovish Fed Fades as U.S. Inflation Report Looms

Bitcoin is struggling to gain upside traction as a hawkish rethink of Fed interest-rate policy raises Treasury yields and strengthens the dollar.

(Jesse Hamilton/CoinDesk)

Pananalapi

Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey

Anduro has developed the real-world assets (RWA) project Avant alongside tokenization platform Vertalo, and they will tokenize whiskey barrels in a pilot project.

Whiskey (eitamasui/Pixabay)

Pananalapi

Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin

Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Merkado

Len Sassaman Gets the Memecoin Treatment Ahead of HBO Bitcoin Creator Documentary

Polymarket bettors and the broader crypto community widely consider cryptographer Sassaman to be “revealed” as Bitcoin’s creator in an anticipated HBO documentary.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Merkado

Bitcoin, Asian Equities May Be Losing Capital to China Stocks

Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.

Viewing the stock board displayed on the electronic bulletin board in the business district

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