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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
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.
Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says
Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.
KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield
Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report
He tried to sue the local council for not responding to his requests to search the site, but the case was dismissed by a judge in January.
Strategy Resumes Bitcoin Purchases, Takes Holdings to 478,740 BTC
Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million
Bitcoin Difficulty Hits New Highs as Key Metric Signals Miner Capitulation and Possible Bottom
Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.
Bitcoin HODLer Metaplanet Achieves $35M Unrealized Gains in 2024 Thanks to BTC Treasury
Metaplanet said it was the best-performing equity in 2024 out of 55,000 publicly listed companies.
Bitcoin Indicator That Signaled $70K Breakout Turns Bearish as Trump's Trade War Rhetoric Grows
The renewed bearish signal on the key indicator is not an immediate threat to BTC, but Trump's tariff rhetoric could shake up the market.
KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure
The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
