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 Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

(CoinDesk Indices)

Finance

There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love

At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.

Investment pros gathered here in Miami, and many trashed bitcoin. (Helene Braun/CoinDesk)

Opinion

Hong Kong Boards the ETF Express

The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.

Hong Kong harbor skyline view into Kowloon

Markets

Ether, Altcoins Remain Under Pressure Following Volatile Weekend

Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.

Ether price on Monday (CoinDesk)

Opinion

Bitcoin First, Not Only: Fostering Widespread Adoption Through Education

By presenting bitcoin as the first step in a journey of financial literacy, we can create a more welcoming and inclusive environment for newcomers, Montclair State University adjunct professor Burak Tamac writes.

(Javier Quiroga/Unsplash)

Opinion

Allen Farrington: Capital in the 21st Century

In the same way Bitcoin mining incentivizes more energy, cheaper energy and new energy, Bitcoin can also incentivize the building of more products, cheaper products and new products.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Policy

Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

Energy-intensive crypto mining is an example of a type of business Norway does not want, Minister for Energy Terje Aasland reportedly said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Markets

First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval

The latest price moves in crypto markets in context for April 15, 2024.

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Markets

Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations

One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.

Bull and Bear (nosheep/Pixabay)

Markets

Bitcoin Price Recovery Lacks Whale Participation, Onchain Data Show

Blockchain analytics firm IntoTheBlock's "large holder netflow" indicator shows whales are yet to resume accumulation.

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

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