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

JPMorgan Is Cautious About Crypto Markets Into 2024

Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.

(David Mark/Pixabay)

Markets

Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest

Key indicators tracking Bitcoin's blockchain activity, miner flows, and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.

(Will Ess para Pixelmind.ai/CoinDesk)

Markets

Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year

Cardano's ADA, Avalanche's AVAX and Injective's INJ tokens led altcoin gains as risk assets rallied on dovish Fed.

Bitcoin price today (CoinDesk)

Tech

Protocol Village: COTI Layer-1 Blockchain to Become Ethereum Layer-2 Network

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 7-Dec. 13, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024

Market participants will look to Fed Chair Jerome Powell's post-meeting press conference for additional signs about the direction of future policy.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Bitcoin Has Gifts This Holiday Season

Historical data helps us understand what to expect as crypto markets once again head upwards, says Todd Groth, head of research at CoinDesk Indices.

(Tim Mossholder/Unsplash)

Markets

First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks

The latest price moves in crypto markets in context for Dec. 13, 2023.

BlackRock HQ

Markets

Cantor Fitzgerald CEO Howard Lutnick Is a Bitcoin Maxi and Tether Fan

He said Cantor Fitzgerald is a custodian of the U.S. Treasuries that Tether holds to back its USDT stablecoin.

Cantor Fitzgerald's Howard Lutnick (World Economic Forum)

Markets

Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump

Investors will monitor Fed Chair Jerome Powell's press conference Wednesday for signs of potential rate cuts next year.

Bitcoin price today (CoinDesk)

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