Bitcoin is a digital currency created in 2009 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. It operates on a decentralized network, allowing users to make peer-to-peer transactions without the need for intermediaries like banks. Transactions are recorded on a public ledger called the blockchain, maintained by a network of miners who validate and secure transactions through cryptographic algorithms. Bitcoin's supply is capped at 21 million coins, making it deflationary by nature. Its value is determined by market demand and supply dynamics, resulting in significant price volatility. Bitcoin is lauded for its potential to revolutionize finance by offering greater financial inclusion, lower transaction fees, and resistance to censorship and inflation. However, it faces criticisms for its environmental impact due to the energy-intensive process of mining, scalability issues, and its association with illicit activities on darknet markets. Despite these challenges, Bitcoin has garnered mainstream acceptance as an investment asset and payment method, with numerous businesses and individuals adopting it worldwide. Its underlying technology, blockchain, has also inspired innovations across various industries beyond finance.
IREN stock is shedding 6% ahead of back-to-back reports from NVIDIA tonight and IREN itself Thursday, putting traders who bought yesterday's rally in an uncomfortable spot before two of the most consequential prints in AI infrastructure.
By David Moadel
· 2:09pm ET Bitcoin briefly cracked $80,000 for the first time in months, sending crypto mining stocks surging well past the broader digital infrastructure pack, but not every miner is rallying for the same reason.
Treasury Secretary Bessent's bond moves sent gold and bitcoin surging together, reviving the debasement trade narrative. But strip away the two-week rally and the data tells a very different story about whether…
Treasury Secretary Scott Bessent just made a move in the bond market that sent shockwaves through two of the most closely watched assets in finance, and the investors who positioned early are…
Rich Duprey BlackRock just launched a Bitcoin fund that writes covered calls to generate monthly income, and its debut distribution caught a lot of IBIT holders off guard. Before you dismiss it or rush into it,…
Strive's CEO just called the Bitcoin bear market dead, insiders are buying shares, and treasury stocks are surging while miners slide. Whether this breakout holds or fades by the close could determine which side…
Two viral numbers are shaping how investors think about quantum risk across Bitcoin and XRP, but both figures measure something far narrower than the headlines suggest, and the gap between them is not the…
Strategy holds nearly a billion bitcoin and a balance sheet that needs capital markets to stay open forever. Whether the recent 28% weekly surge signals a turning point or a trap depends entirely on…
Benchmark's top analyst just slashed his Strategy price target and still calls for a triple from current levels, but the market keeps punishing shares as bitcoin bleeds and retail bets on collapse. Who has…
Bitcoin has surged more than 20% in a single week, putting six figures back on the table after months of painful losses. But the forces driving this rally reveal exactly how fragile the path…
XRP just posted its strongest week of the year while Bitcoin clawed back toward six figures, but the next two years hinge on a Senate vote and Federal Reserve decisions that could push one…
Bitcoin is having a strong day, but something inside the miner cohort is breaking down in ways the coin price cannot explain. The split forming between CleanSpark and its peers reveals a much bigger…
