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



Tech

Bitcoin Gets a Decentralized Exchange as Cosmos Native Osmosis Activates Bridge

"I've always personally been pretty Bitcoin maxi," Osmosis co-founder Sunny Aggarwal said in an interview.

Osmosis Labs co-founder Sunny Aggarwal (Danny Nelson/CoinDesk)

Markets

MicroStrategy's Wild Volatility Outpaces Bitcoin by 2.5 Times. Here's What It Means for Traders?

MSTR's elevated implied volatility means increased income potential for savvy investors engaging in options trading. But the strategy is not without risks.

BTC in stasis ahead of the jobs report (AhmadArdity/Pixabay)

Markets

Silk Road Bitcoin Worth Nearly $2B Moved to Coinbase Prime

The transfer could spark selling pressure in the market as it indicates that the U.S. government is preparing to sell or has already sold the assets.

Silk Road

Markets

Bitcoin Mining Profitability Improved in November, JPMorgan Says

The total market cap of bitcoin miners tracked by the bank jumped 52% from the month previous, the report said.

JPMorgan

Markets

MicroStrategy Added 15.4K Bitcoin for $1.5B as Saylor Pitches BTC to Microsoft

The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.

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

Markets

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall

XRP has surged more than 20% in 24 hours, leapfrogging Tether's USDT.

Table of cryptocurrencies arranged by market capitalization. (Coingecko)

Markets

XRP Outperforms Crypto Majors as Japan Yen Strength Signals Bitcoin Trouble

Yen breached the key 150 level against dollars early Friday, a move that has previously catalyzed the unwinding of carry trades.

(Wesley Tingey/Unsplash)

Markets

Bitcoin Could Hit as High as $124k Before Year-End, Says ARK Invest Analyst

"We are about 55% to 65% of the way" to the end of the bull market, ARK Invest Research Associate David Puell told CoinDesk.

Cathie Wood (Marco Bello/Getty Images)

Markets

Bitcoin to Overcome $100K Despite Pullback, Has Plenty of More Room Before Topping: CryptoQuant

The analytics firm said bitcoin could rally to at least $147,000 before topping if it repeats the pattern of previous cycles.

(Shutterstock)

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