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

First Mover Americas: Bitcoin Consolidates at $42K

The latest price moves in crypto markets in context for Jan. 29, 2024.

By Jamie Crawley, Omkar GodboleJan 29, 2024

Markets

Bitcoin Longs Above $43K in Focus, Analyst Says

Bitcoin's wave 5 impulse move has begun and could see prices top $50,000 by the end of the first quarter, 10x Research's Markus Thielen said, having correctly predicted the recent pullback.

By Omkar GodboleJan 29, 2024

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)

Markets

Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'

Miners such as Core Scientific (CORZ), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.

By Aoyon AshrafJan 26, 2024

Podcasts

CoinDesk Markets Index Week in Review

By Jennifer SanasieJan 26, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin Could Fall Back to Mid-$20K Area: Chris Burniske

The former crypto lead at Cathie Wood's Ark Invest remains bullish over the longer term.

By Stephen AlpherJan 26, 2024

Podcasts

Are You Ready for the Bitcoin Halving, Anon?

By William FoxleyJan 26, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

First Mover Americas: Bitcoin Regains $41K in End of Week Rally

The latest price moves in crypto markets in context for Jan. 26, 2024.

By Jamie CrawleyJan 26, 2024

Policy

UK Supreme Court Refuses Craig Wright Appeal

In July a panel of judges ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.

By Camomile Shumba, Elizabeth NapolitanoJan 26, 2024

Craig Wright v Hodlonaut (Will Ess for Pixelmind.ai/CoinDesk)

Podcasts

Crypto Update | The Geopolitical Perspective With NewEdge Wealth's Ben Emons

By Jennifer SanasieJan 25, 2024

Markets

Many Retail Investors See Bitcoin Price Dropping Below $20K by Year End: Deutsche Bank

More of those surveyed said they expect bitcoin to disappear than those who said they expect it to continue to exist, the bank said.

By Will CannyJan 25, 2024

Deutsche Bank's survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)

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