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 Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report.

By Krisztian SandorApr 12, 2024

Opinion

Why Bitcoin Halving Calculators Are Out of Sync

The famously pre-planned, programmatic event, currently predicted for April 19, is surprisingly hard to predict at minute scales.

By Daniel KuhnApr 12, 2024

The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)

Podcasts

Are Mining Pools Political Targets?

By William FoxleyApr 12, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

First Mover Americas: BTC Holds Stable at $70K

The latest price moves in crypto markets in context for April 12, 2024.

By Lyllah Ledesma, Omkar GodboleApr 12, 2024

Markets

Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving

Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.

By Omkar GodboleApr 12, 2024

Podcasts

CoinDesk Markets Week in Review

By Helene Braun, Jennifer SanasieApr 12, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

By Omkar GodboleApr 12, 2024

Hong Kong harbor skyline view into Kowloon

Markets

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

The Thursday total ETF flow was negative, with GBTC leading the pack

By Sam ReynoldsApr 12, 2024

Podcasts

Crypto Update | Bitcoin's Correlation with Risk Assets

By Helene BraunApr 11, 2024

Markets

First Mover Americas: Uniswap's Token Slides on SEC Lawsuit

The latest price moves in crypto markets in context for April 11, 2024.

By Lyllah Ledesma, Omkar GodboleApr 11, 2024

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