Logo

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



Video's

Bitwise President on Crypto Outlook in 2023

Bitwise Asset Management President Teddy Fusaro discusses bitcoin's stagnation and his crypto outlook for 2023 as the bear market unfolds into the year's end. And, what's next for crypto equities and levels to watch during the holiday season.

Recent Videos

Video's

Bitcoin Correlations Reveal Dollar Still Rules

Bitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Video's

Layer 2 Labs Raises $3M to Bring Drivechains to Bitcoin Network

Bitcoin development firm Layer 2 Labs has raised a $3 million seed round from angel investors to bring drivechains and other innovative technologies to Bitcoin. "The Hash" hosts discuss what this means for the Bitcoin community.

Recent Videos

Video's

Could FTX Collapse Trigger a Crypto Domino Effect?

Bitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.

CoinDesk placeholder image

Video's

Debunking Myths About Bitcoin and its Code

CoinDesk's Managing Editor for Technology Christie Harkin discusses Bitcoin's operations and explains why the code is not as easy to modify as people may think, citing the total number of nodes and developers who are contributing to the network.

CoinDesk placeholder image

Video's

Bitcoin Is Uninvestable Right Now, Strategist Says

Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino says while bitcoin (BTC) is uninvestable in the short term, "that's not a negative on the space." Long term, he compares bitcoin to gold. Plus, Iaccino's reaction to audit firm Mazars pausing work for crypto clients.

Recent Videos

Video's

Bitcoin Nears its First Weekly Chart 'Death Cross'

The cryptocurrency's 50-week simple moving average (SMA) is falling fast and looks set to cross below the 200-week SMA for the first time on record. According to technical analysis theory, the bearish intersection of the two averages often referred to as the death cross, means the market is about to head into a tailspin. Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino weighs in.

Recent Videos

Video's

Examining Bitcoin's Correlation With Inflation

Bitcoin closely tracks inflation expectations and appears to be negatively correlated to core CPI, real estate prices and M2 money-supply changes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Video's

Bitcoin Below $18K After Interest Rate Hikes in US and UK

Bitcoin (BTC) is trading at $17,500 following interest rate hikes of 50 basis points by the Bank of England and the U.S. Federal Reserve. Opimas LLC CEO and founder Octavio Marenzi joins “First Mover” to discuss the crypto price actions. Plus, why the bankrupt crypto exchange FTX is now a “lost cause.”

Recent Videos

Video's

Bitcoin Flirts With $18K Ahead of FOMC Meeting

Bitcoin (BTC) is trading just below $18,000 as traders look to another interest rate hike from the Federal Reserve. 3IQ Head of Research Mark Connors discusses the recent price actions, and reacts to Binance CEO Changpeng "CZ" Zhao's warning to his staff of turbulent times ahead.

Recent Videos