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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



Videos

Strike Extends Bitcoin Lightning Network-Powered Remittances to Philippines

Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines to tap into the country’s remittance market, which is one of the world’s largest. "The Hash" hosts discuss what this means for the future of bitcoin payments and crypto's use case as a potential tool for financial freedom.

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The Debate Over NFTs on Bitcoin

"The Hash" panel discusses the debate around a newly-launched NFT protocol on Bitcoin and what this will mean for the Bitcoin ecosystem.

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Bitcoin on Track for Best January Performance in a Decade

Bitcoin (BTC) is having its best start to the year since 2013 after jumping 40% this month amid weakness in the U.S. dollar. A Matrixport analyst said that 85% of the rally has been powered predominantly by U.S.-based buyers. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Messari Analyst on Catalysts For Bitcoin's Recent Rally

Tom Dunleavy, Senior Cryptocurrency Research Analyst at crypto data firm Messari, discusses the potential factors driving bitcoin (BTC) higher as the cryptocurrency rallies in 2023. Plus, the outlook for miners and a closer look at crypto portfolio management.

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Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments

Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC decision to deny the conversion of GBTC into an ETF. Grayscale and CoinDesk are both owned by DCG. Separately, Celsius Network is planning to reinvent itself as a new, publicly traded "recovery corporation" to exit the bankruptcy process.

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Bitcoin Looks Bullish as Miner Sales Hit Three-Year Low

Bitcoin has rallied 30% in two weeks, according to CoinDesk data. This comes as on-chain flows tracked by analysts at cryptocurrency exchange Bitfinex show the amount of bitcoin transferred from miner addresses to wallets owned by exchanges has declined to multi-year lows. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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