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



Markets

Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon

With both assets leading the market, here's a closer look at the factors driving their remarkable performance.

Bitcoin y el oro han tendido a moverse en tándem. (TradingView)

Markets

Ether Is Going to Shine Again, Steno Research Says

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

Ethereum (Unsplash)

Markets

'Satoshi Era' Wallets Move $16M in Bitcoin After 15 Years of Dormancy

It is unclear if all these wallets belong to the same person or entity.

Heading of Bitcoin Whitepaper

Markets

Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ's Hike Pause Bumps Risk Assets

The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

Bitcoin price on 09 19 (CoinDesk)

Markets

Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest

The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, which resolved in new all-time highs in the latter months of the year.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate

The latest price moves in crypto markets in context for Sept. 19 2024.

BTC price, FMA Sept. 19 2024 (CoinDesk)

Finance

Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance

The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.

Commerzbank Tower in financial district, Frankfurt, Germany (Marco Bottigelli/Getty)

Markets

Ether Rebounds Off Key Support Signals Long Term Bullishness

Ether holds critical support level as macro factors loom over crypto market

Rebound tennis ball. (Unsplash)

Finance

Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey

The former president and Republican nominee sent the transaction with the help of PubKey staff.

Trump sending bitcoin transaction at PubKey bar in NYC (Fox News/Modified by CoinDesk)

Pageof 865