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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

A Look Back at Crypto in 2022 by CoinDesk Research

Bitcoin (BTC) and ether (ETH) followed a blistering 2021 with a 65% and 67% pullback in 2022. CoinDesk Research Associate George Kaloudis discusses crypto's price actions in the past year and how the market performance difficulties impacted bitcoin mining companies. Plus, a look back at the significance of the Ethereum Merge to the network's development and a review of crypto regulations in 2022.

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Crypto Market Very Top-Down Oriented Right Now: Analyst

Fairlead Strategies Founder and Managing Partner Katie Stockton dives into the weekly XRP chart and explains why the market is very top-down oriented at the moment. Plus, her predictions on the initial support level for bitcoin (BTC) at $15,600.

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Bitcoin Core Dev Says His BTC Is ‘Basically All Gone’ After Hack

Bitcoin Core developer Luke Dashjr claims an unknown hacker has drained "basically all" of his bitcoin holdings, worth roughly $3.6 million, on New Year’s Day. "The Hash" hosts discuss the latest hack turning heads on crypto Twitter.

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