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 Still Following Previous Cycle's Trajectory Despite Price Drop: Van Straten

Despite the U.S. tariff uncertainty, bitcoin remains on track with previous cycles.

BTC: Price Performance Since Cycle Low (Glassnode)

Markets

Bitcoin Down 2.5% as China Slaps Retaliatory Tariffs on U.S., Probes Google

The move came after U.S. President Donald Trump's new 10% tariffs on China came into effect.

China. (Excellentcc/Pixabay)

Policy

Trump Orders Creation of Sovereign Wealth Fund

Such a fund could be a vehicle through which the government might accumulate bitcoin.

Donald Trump (Chip Somodevilla/Getty Images)

Markets

Bitcoin Bounces Above $100K, XRP Surges 40% as Trade War Tensions Suddenly Ease

Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.

CoinDesk Bitcoin Price Index recovered above $100,000 (CoinDesk)

Markets

What Next for Bitcoin, Ether, XRP as Donald Trump Eyes Further Tariffs?

Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.

Donald Trump (BarBus/Pixabay)

Markets

Bitcoin's ‘Kimchi Premium’ Jumps to 10%, Worrying Sign for BTC in Short-Term

Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.

kimchi, korea

Markets

Chance of Bitcoin Tanking to $75K Doubles as Trump's Tariffs Ignite Trade War, Derive's Onchain Options Market Shows

The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the global economy.

Derive's onchain options market shows fears of an extended BTC price drop. (jarmoluk/Pixabay)

Markets

Bitcoin Drops 8% to $93K as Asia Awakens to Trump's Trade War

As Asia begins its trading day, BTC's weakness likely reflects fears that a trade war could freeze global growth

BTC sends risk-off cues to tradfi over the weekend. (ValdasMiskinis/Pixabay)

Finance

Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing

The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.

Tether CEO Paolo Ardoino (Tether)

Markets

MicroStrategy Upsizes Preferred Stock Offering, Raising $563M for More Bitcoin

The initial dividend yield will be 10%, up from an originally expected 8%.

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

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