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

Podcasts

CoinDesk Markets Week in Review

By CoinDeskJun 28, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows

The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.

By Omkar GodboleJun 28, 2024

A whale is seen apparently surfacing through a mobile-phone screen

Podcasts

Crypto Update | Will Digital Assets Be a Topic in Tonight’s Debate?

By Jennifer SanasieJun 27, 2024

Videos

$572 Million Lost to Hacks and Fraud in Q2 -Immunefi

Immunefi says more than $900 million was lost to hacks and fraud this year. In Q2 alone, $572 million was stolen. This represents a 112% increase compared to Q2 last year. Watch Jennifer Sanasie present the "Chart of the Day."

Jun 27, 2024

Finance

Julian Assange Received $500K Bitcoin Donation From Anonymous Bitcoin Whale

The Wikileaks founders' family quickly set up a site to allow bitcoin donations after a previous crowdfunding page accepted only credit cards and bank transfers.

By Oliver KnightJun 27, 2024