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's Safe Haven Appeal Could Be Tested Soon, U.S. Bond Market Suggests

Recent developments in the U.S. Treasury yield curve suggest a recession may arrive soon, strengthening the case for investing in assets with safe-haven appeal.

By Omkar GodboleJan 15, 2024

Markets

Bitcoin's Technicals Suggests Deeper Pullback to $38K: Analyst

Bitcoin's RSI divergence signals correction, 10x Research said.

By Omkar GodboleJan 15, 2024

Podcasts

CoinDesk Market Index Week in Review

By Jennifer SanasieJan 12, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Podcasts

Why Some Brokerage Firms Are Blocking Access to Spot Bitcoin ETFs

By Laura ShinJan 12, 2024

Jeremy Allaire on Circle's ‘Multi-Decade’ Strategy and Where Stablecoin Regulation Is Headed

Podcasts

BitcoinETF: What Comes Next?

By Jennifer SanasieJan 12, 2024

Markets

BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes 'Sell the News' Rout

Previous landmark events such as Coinbase's stock exchange listing and ProShares' futures-based bitcoin ETF debut happened near market tops.

By Krisztian SandorJan 12, 2024

Markets

Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally

BlackRock's IBIT saw the third-biggest inflow, though the data might be incomplete, analysts pointed out.

By Krisztian SandorJan 12, 2024

Tech

Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection

The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.

By Bradley KeounJan 12, 2024

Genesis Quantum Cats inscription from Taproot Wizards (Taproot Wizards, modified by CoinDesk)

Podcasts

Crypto Update | Cboe Digital President John Palmer on Day 1 of Bitcoin ETFs Trading; Launching Margined Futures for Bitcoin, Ether

By Jennifer SanasieJan 12, 2024

Markets

First Mover Americas: Franklin Templeton's Bitcoin ETF Becomes the Cheapest

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

By Lyllah LedesmaJan 12, 2024

A user examines prices on a mobile phone while looking at a graph on a laptop

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