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 Tops $54K, May Run Towards $58K as Crypto Rally Resumes

Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.

Bitcoin price on Feb. 26 (CoinDesk)

Markets

First Mover Americas: Bitcoin Correction Could Be Approaching

The latest price moves in crypto markets in context for Feb. 26, 2024.

Bitcoin's price (CoinDesk)

Markets

Bitcoin Indicator Suggests Potential for Leverage Washout

A ratio related to bitcoin futures and the volatility of options has more than doubled this year, signaling outsized levels of leverage and speculation.

Graph superimposed over a markets monitor

Tech

Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators

The Bitcoin creator saw an irony in the debate between economic liberty and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi.

"Skull Of Satoshi" (VonWong Productions)

Markets

First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top

The latest price moves in crypto markets in context for Feb. 23, 2024.

Top Weekly Gainers (CoinMarketCap)

Policy

Trump: Bitcoin Has Taken on 'a Life of Its Own,' Will Probably Need Some Regulation

The former U.S. president had previously said he was "not a fan" of cryptocurrencies and called central bank digital currencies dangerous, vowing not to allow them if elected.

(NIPYATA!/Unsplash, modified by CoinDesk)

Finance

Reddit Discloses Bitcoin and Ether Holdings in IPO Filing

The company also acquired ether and Polygon "as a form of payment for sales of certain virtual goods.”

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.” (Brett Jordan/Unsplash)

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