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 Holds $40K

The latest price moves in crypto markets in context for Jan. 25, 2024.

By Jamie Crawley, Omkar GodboleJan 25, 2024

Markets

SatoshiVM Marred by Controversy Days After SAVM Issuance

SAVM jumped several thousand percent to a market capitalization of as high as $90 million a few hours after issuance.

By Shaurya MalwaJan 25, 2024

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Markets

Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry

Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.

By Omkar GodboleJan 25, 2024

Markets

Tesla’s Bitcoin Holdings Remain Unchanged in Q4

The Elon Musk-led company holds over $387 million worth of bitcoin.

By Shaurya MalwaJan 25, 2024

Tesla Charging Station Electric Car (Blomst/Pixabay)

Markets

Bitwise Becomes First Spot Bitcoin ETF Provider to Provide Wallet Address

The move drew applause from industry experts.

By Helene BraunJan 24, 2024

Podcasts

Exploring Davos With Grayscale’s CEO Michael Sonnenshein: The Battle for Bitcoin's Soul and the Impact of ETFs

By Sheila Warren, Michael J. CaseyJan 24, 2024

‘Tokenization Is the Future of Real Assets.’

Markets

Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch

Bitcoin pressure has picked up this week as AUM at the Grayscale Bitcoin Trust has declined more than $1 billion per day thanks to a combination of exiting bitcoin and lower prices.

By Stephen AlpherJan 24, 2024

Podcasts

Featured Story | Will the Next Bitcoin Halving Be Another Hype Cycle?

By Jennifer SanasieJan 24, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

First Mover Americas: Bitcoin Regains $40K

The latest price moves in crypto markets in context for Jan. 24, 2024.

By Jamie Crawley, Omkar GodboleJan 24, 2024

Markets

Fed Rate Cut Hopes Run Into Inflationary Red Sea Crisis

Disruptions to commercial shipping traffic via the Red Sea/Suez Canal route threaten to push up prices. That's an unwelcome development for bitcoin bulls.

By Omkar GodboleJan 24, 2024

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