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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 Sees Relief Run to $82K; SEC Delays XRP, DOGE, LTC ETF Filings
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Bitcoin CME Futures Spread Slides to $490, Undoing the 'Trump Bump' in BTC
The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.
Ethereum L2 Starknet Seeks 'Bitcoin's DeFi Take-Off Moment' With BTC Wallet Xverse
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
Mt. Gox Moves Another $930M Bitcoin as Payout Deadline Looms
Wallets linked to Mt. Gox still hold $2.9 billion of assets, which are due to be paid out to creditors this October.
Bitcoin Ordinals Project Taproot Wizards Plans Long-Awaited Sale of Signature NFTs
The Wizards were inscribed on the Bitcoin blockchain two years ago and are now being made available for sale
Bitwise Launches ETF of Firms Holding Over 1K Bitcoin, Strategy Takes a 20% Weighting
New ETF tracks public companies holding at least 1,000 bitcoin.
Cantor Fitzgerald Taps Copper, Anchorage Digital as Custodians for Bitcoin Financing Business
The business launches with $2 billion in initial financing.
Bitcoin's $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit
Traders opt for a more conservative bet, reassessing their expectations in the wake of the recent price sell-off.
Bitcoin Fills Yet Another CME Futures Gap as BTC Price Dropped to $76,700
Another unfilled CME futures gap occurs between $84,200 and $85,900.
