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

U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan

Mining economics came under pressure as the network hashrate rose while the bitcoin price fell, the report said.

(Shutterstock)

Markets

Ether ETFs Register $393M in Inflows This Month as Crypto Investors Turn Their Back on Bitcoin

Investors pivot to ether ETFs as Ethereum's impending Pectra upgrade is expected to bode well for cryptocurrency.

Leveraged MSTR ETFs see a surge in trading volumes (steinarhovland/Pixabay)

Markets

Bitcoin Is Coiled Like a Spring, a Breakout of This Range Is Coming: Van Straten

Bitcoin’s volatility is near one of its lowest levels in years, and it is primed for a short-term move.

Choppiness Index (Checkonchain)

Finance

Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Maple Finance's Sid Powell (Danny Nelson/CoinDesk)

Markets

Ether Rally Turns Into Crypto Market Slide With Bitcoin Slipping Below $96K

Ether's brief run to $2,850 on Monday was due to a catch-up trade that could reverse later, one trader said.

ETH's rally once again foreshadowed a market-wide dip on Monday (Kelly Sikkema/Unsplash)

Markets

FTX Payout, Trump-Musk Interview, FOMC Minutes May Roil Crypto Markets This Week

Bitcoin's lackluster price action may receive a jolt from this week's macroeconomic calendar.

U.S. flag and man offering a wad of dollars

Markets

U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Finance

Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC

The Tokyo-based company said it spent an average of 14.8 million yen per bitcoin.

Skyscrapers in Tokyo

Markets

In a Lethargic Bitcoin Market, BTC $110K Option Play Emerges as Top Trading Strategy

Traders continue to position for price gains through options even as BTC trades listless below $100K.

Ether charts signal seller fatigue. (TheDigitalArtist/Pixabay)

Markets

Strategy Could Be Eligible for S&P 500 Inclusion in June if Bitcoin Closes Q1 Above $96K

The last hurdle for MSTR to qualify for the S&P 500 is to achieve positive GAAP net income over the trailing 12 months.

MicroStrategy Executive Chairman Michael Saylor (Credit: CoinDesk/Danny Nelson)

Pageof 846