Bitcoin

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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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Bitcoin price on March 25 (CoinDesk)
Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
The gains were broad-based, with SOL and AVAX advancing more than 10% over the past 24 hours.
Bitcoin price on March 25 (CoinDesk)

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First Mover Americas: Back in the Green
The latest price moves in crypto markets in context for March 25, 2024.
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Sunrise, boat (quangle/Pixabay)
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
Sunrise, boat (quangle/Pixabay)

(CoinDesk Indicies)
Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
(CoinDesk Indicies)

How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome
How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome
Carlos Domingo, founder and CEO of Securitize, gives the scoop on why Blackrock’s new fund had to launch early and has a suggestion for how to handle dustings of Tornado Cash...
How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome

Markets Daily Wide
CoinDesk Markets Week in Review
CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.
Markets Daily Wide

Ark Invest CEO Cathie Wood
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Ark Invest CEO Cathie Wood

Bitcoin price on March 22 (CoinDesk)
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs are poised for their first week of net negative flows since late January.
Bitcoin price on March 22 (CoinDesk)

(Jim Henderson, modified by CoinDesk)
BlackRock Seeing Only 'A Little Bit' of Demand for Ethereum from Clients, Head of Digital Assets Says
Robert Mitchnick, the asset manager's head of digital assets, said that there's a misconception that BlackRock will have a "long tail" of other crypto services.
(Jim Henderson, modified by CoinDesk)

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)
El Salvador Doubles Down on Bitcoin
The country is setting a precedent for others to follow, Moonwalker Capital Tatiana Koffman writes.
El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)