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



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First Mover Americas: Standard Chartered Bank Thinks BTC Will Reach $100K by End of 2024

The latest price moves in crypto markets in context for Nov. 29, 2023.

Standard Chartered. (Shutterstock)

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Solana Leads Layer-1 Token Gains as Bitcoin Crosses $38K

Crypto market capitalization rose 2.3% in the past 24 hours.

Bitcoin broke above the $38,000 mark early Wednesday. (CoinDesk)

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Bitcoin Remains on Track for $100K by Year-End 2024: Standard Chartered

An earlier-than-expected spot bitcoin ETF in the U.S. could be the key catalyst, said the bank.

Standard Chartered building (Chengting Xie/Unsplash)

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Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller

The typically hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.

U.S. Federal Reserve Board Governor Christopher Waller (Sarah Silbiger/Getty Images)

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First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand

The latest price moves in crypto markets in context for Nov. 28, 2023.

(Matheus Câmara da Silva/Unsplash)

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CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal

The rare signal indicates that institutions have long exposure but not via spot, one observer said.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

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First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021

The latest price moves in crypto markets in context for Nov. 27, 2023.

Grayscale ad (Nikhilesh De/CoinDesk)

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