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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



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What’s Next After Bitcoin Dips Below $19K?

CoinDesk’s Markets Managing Editor Brad Keoun discusses his outlook for bitcoin as the cryptocurrency remains in a range between $18,000 and $20,000. Plus, Tech Managing Editor Christie Harkin shares a preview of CoinDesk’s Education Week.

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What's Behind Friday's Flash Crash?

Bitcoin (BTC) slips below $19,000 nearing 2022 lows and remains rangebound heading into the weekend. CoinDesk's Brad Keoun discusses the week's top stories driving BTC and the wider crypto markets lower. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses THNDR Games launching Club Bitcoin: Solitaire and Bitcoin Lightning-enabled "listen-to-earn" podcast app Fountain Podcasts getting an upgrade.

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Bitcoin Slips Below $19K in Choppy Trading Week

Bitcoin reversing gains made on Thursday where a 5% surge recorded BTC's best single-day return in two weeks, staying within the $18,000 to $20,000 range this week. Traditional markets also reeling back while the dollar surged to a new record valuation in foreign exchange markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day. 

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Has Bitcoin’s Price Hit Bottom Yet?

Bitcoin (BTC) is trading sideways around $19,000, as central banks around the world continue to raise interest rates in a bid to tame inflation. Matt Weller, global head of research at Forex.com, joins “All About Bitcoin” to discuss if bitcoin has already hit bottom amid global recession concerns.

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Outlook for Crypto Market Sectors After Fed’s Hawkish Rate Hike, Inflation Data

Bitcoin (BTC) flirts around $19,000 as the Federal Reserve announced the latest 75-basis-point interest rate hike while ether (ETH) price continues to drop since the Merge. CoinDesk Indices Managing Director Jodie Gunzberg discusses her market outlook and why today’s economic conditions are particularly difficult for crypto assets.

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Bitcoin Bounces Back After Fed’s 75-Basis-Point Rate Hike

Bitcoin (BTC) slipped below $19,000 briefly, but then reversed losses following the Federal Reserve’s announcement of a third consecutive rate hike of 75 basis points. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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US Judge Ordered Tether to Produce Financial Records Showing Backing of USDT

A New York judge ordered Tether to produce financial records on the backing of USDT as part of a lawsuit that alleges Tether conspired to issue USDT to inflate the price of bitcoin (BTC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Bitcoin Outlook Ahead of Fed Rate Hike Decision

Bitcoin (BTC) and risk assets have been under pressure ahead of Wednesday's pivotal Federal Reserve meeting. Ben Emons, managing director of global macro strategy at Medley Global Advisors, discusses his market outlook and the possibility of a 100 basis-point rate hike.

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