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

Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi

ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.

Arthur Hayes (CoinDesk)

Markets

Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko

The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called "sell-the-fact" pullback in bitcoin.

Limit Order Buy Sell Chart (Shutterstock)

Opinion

Will the Next Bitcoin Halving Be Another Hype Cycle?

After investors "sold the news" of the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.

The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)

Markets

First Mover Americas: Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project

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

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Markets

Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right

The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.

(Mark Basarab/Unsplash)

Markets

JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs

The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), a report said.

(Shutterstock)

Markets

Bitcoin's Safe Haven Appeal Could Be Tested Soon, U.S. Bond Market Suggests

Recent developments in the U.S. Treasury yield curve suggest a recession may arrive soon, strengthening the case for investing in assets with safe-haven appeal.

(Laurence Dutton/GettyImages)

Markets

Bitcoin's Technicals Suggests Deeper Pullback to $38K: Analyst

Bitcoin's RSI divergence signals correction, 10x Research said.

Magnifier, Schedules (ds_30/Pixabay)

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