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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Bitcoin Sell-Off Could Be a Textbook 'Breakout and Retest' Play: Godbole

The breakout and re-test play has its roots in behavioral aspects of trading and investing.

BTC's weekly chart: Breakout and retest play. (CoinDesk/TradingView)

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XRP, DOGE Plunge 10% as Fresh Trump Tariffs Hit China Markets

Overall crypto market capitalization fell 8% to $2.7 trillion, reversing all advances since Republican Donald Trump was elected U.S. president in early November.

People taking a plunge. (Mike Powell/Getty Images)

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Bitcoin Tumbles to $80K, XRP Loses Key Support as Trump Tariffs Regain Centrality, Dollar Index Rises

BTC extended the price slide during Friday's Asian trading hours as U.S. tariffs boosted demand for the dollar.

FastNews (CoinDesk)

Технології

Popular Crypto Wallet MetaMask Unveils New Roadmap

Part of their new roadmap includes adding features that make the wallet experience easier for users.

The MetaMask Institutional booth at Paris Blockchain Week 2022 (Helene Braun/CoinDesk)

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Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March

Crypto had plenty of reasons on its own to head lower, but now a general macro risk-off sentiment can be added to the mix.

Crypto plunges in quick fashion (Unsplash)

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Bitcoin's Price Sell-Off Puts Focus on November's 'Runaway Gap' Below $80K in CME Futures

"Historically, CME gaps are filled eventually," one analyst said.

BTC CME Futures' gap from November. (TradingView/CoinDesk)

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BlackRock's Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind

BlackRock's IBIT saw a record outflow on Wednesday of over $418 million.

FastNews (CoinDesk)

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Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.

FastNews (CoinDesk)

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Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware

Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.

Up and Down (CoinDesk archives)

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Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?

In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.

woman sliding, falling on snow. (Pezibear/Pixabay)

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