Bitcoin

The file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright. Louise Abbott, partner at Keystone Law, discusses the court's response after the judge said the file format of Bitcoin – the sequence of a header and list of transactions that together form a block – can’t be treated like a literary work because Wright can’t show how they were first recorded.

Feb 9, 2023

Network activity on the Bitcoin blockchain has hit a level not seen since China banned crypto miners in May 2021, according to data from CryptoQuant. The uptick stems from the popularity of the Ordinals protocol, which allows NFTs to be stored on Bitcoin. Okcoin Chief Operating Officer Jason Lau reacts to the report.

Feb 9, 2023

U.S. Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the crypto exchange's founders and former executives, including Sam Bankman-Fried. Plus, the file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright.

Feb 8, 2023

Andre Portilho, Head of Digital Assets at Brazilian Investment Bank BTG Pactual, discusses his outlook for bitcoin (BTC) as the cryptocurrency hovers around $23,000 after its rally in January. Plus, the future of bitcoin development and adoption.

Feb 6, 2023

New Fundstrat data shows Bitcoin's mean block size has increased since the Ordinals protocol, which allows for NFTs to be stored on Bitcoin's blockchain, started to gain traction towards the end of January. Separately, the Bitcoin Lightning Network has reached an all-time high in terms of capacity, or the amount of bitcoin locked in payment channels, according to The Block. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Feb 6, 2023

CoinDesk Editor at Large Christie Harkin discusses the latest news surrounding Bitcoin's Lightning Network, a second layer on top of the Bitcoin blockchain that uses user-generated micropayment channels to conduct transactions more efficiently. "The Hash" panel weighs in on what the future holds for the Lightning Network.

Feb 6, 2023

Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.

Feb 6, 2023

The U.K. Court of Appeal ruled that a claim by Craig Wright's Tulip Trading against 16 Bitcoin developers should go to trial in London. The claim was originally dismissed in March 2022. CoinDesk Editor at Large Christie Harkin discusses what to expect. And, CoinDesk Co-Regional News Chief for the Americas Stephen Alpher shares his outlook on bitcoin's February seasonal performance.

Feb 3, 2023

Bitcoin (BTC) is trading significantly lower than in late 2021, but the sentiment in the market remains positive. The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021, according to Glassnode. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Feb 3, 2023

By Nathaniel WhittemoreFeb 3, 2023