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



Finance

From Real Estate and Stocks: Former Premier League Player's New-Found Love of Bitcoin

Soccer player George Boyd made over 100 Premier League appearances and has now joined crypto ETF issuer Jacobi Asset Management as an ambassador.

George Boyd playing for Burnley in 2016.  (Catherine Ivill/AMA/Getty Images)

Markets

First Mover Americas: Bitcoin Shaky as Traders Bank Profits

The latest price moves in crypto markets in context for Nov. 15, 2024.

BTC price, FMA Nov. 15 2024 (CoinDesk)

Markets

Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Other Two Times Foreshadowed Price Bottoms

Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.

BTC Price (Glassnode)

Tech

Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain

The potential deployment on a Bitcoin layer 2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.

Spiderchain, a Bitcoin layer 2 blockchain. (Shutterstock)

Markets

XRP Jumps 17%, Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play

“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.

Jumping.  (Denny Luan/Unsplash)

Markets

Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor

“The Trump administration understands it, I think Senator Lummis understands it … that’s why it will happen,” Saylor said during a presentation at an event in Miami Thursday.

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

Markets

Fed Chair Jerome Powell's Hawkish Comments Throw Some Cold Water on Crypto

A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.

Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)

Markets

First Mover Americas: Bitcoin Trades Around $91K as ETF Inflows Remain Strong

The latest price moves in crypto markets in context for Nov. 14, 2024.

BTC price, FMA Nov. 14 2024 (CoinDesk)

Markets

What Does a 60/40 Portfolio Look Like if We Replace Bonds With Bitcoin? A Lot Better: Van Straten

The traditional 60/40 portfolio that seemed to yield good returns, doesn't seem to be the answer to this new inflationary world.

An investment portfolio. (Shutterstock)

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