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



Coindesk News

El Salvador Dispatch: How Bitcoin Taught a Nation to Dream

The Central American nation is on a roll. This year’s Plan B conference was electric, featuring famous speakers from abroad as well as native Spanish content.

Sunset in San Salvador. Credit: Ricky Mejia, Unsplash

Markets

Abu Dhabi Discloses $437M Stake in BlackRock Spot Bitcoin ETF

The ownership interest was held via Mubadala Investments, one of the country's sovereign wealth funds

Abu Dhabi

Markets

Bitcoin Looks to Break Long Streak of Weekend Skids

The world's largest crypto has declined for five consecutive weekends, noted Standard Charterd's Geoff Kendrick.

Bitcoin Looks to Break Long Streak of Weekend Skids

Markets

Bitcoin Short-Term Holders Now Possess Over 4M BTC, Shows Cycle Has More Room to Run: Van Straten

Since September, short-term holders have accumulated over 1.5 million bitcoin.

BTC: Short vs Long Term Holder (Glassnode)

Markets

Japanese Energy Firm Remixpoint Boosts Crypto Holdings More Than 8,000% in 9 Months

The firm’s shares surged after Donald Trump’s election victory as a result of the positive outlook for cryptocurrency regulation.

View over Tokyo (Ryo Yoshitake/Unsplash)

Markets

XRP, DOGE Rally as SEC Acknowledges ETF Filings, JUP Cheers Token Buyback Plan

Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.

XRP, DOGE and JUP rally (Jakub Żerdzicki/Unsplash)

Markets

Bitcoin Bull Market Is Far From Over, Suggests Historical BTC Trend Tied to 200-Week Average

Past trends associated with the 200-week SMA suggests the ongoing range play between $90K and $110K will likely resolve bullishly.

BTC's bullish pattern. (cjweaver13/Pixabay)

Finance

GameStop Mulling Investment in Bitcoin/Crypto: CNBC

Eyebrows were raised this past weekend when GameStop CEO Ryan Cohen posted a picture of himself with Michael Saylor.

(John Smith/VIEWpress)

Finance

Zoom Communications Should Embrace Bitcoin as Treasury Asset, Eric Semler Says

The Semler Scientific chair introduced the first member of his "Zombie Zone" companies that could benefit from adding bitcoin to their balance sheet.

Bitcoin, Semler Scientific

Finance

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Plasma (Ramon Salinero/Unsplash)

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