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, Ether, and Major Altcoins in Deep Red

Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours.

By Sam ReynoldsDec 11, 2023

Bitcoin (André François McKenzie/ Unsplash)

Podcasts

Featured Story | Why Are People Spreading Falsehoods About Bitcoin’s Water Use?

By Noelle AchesonDec 10, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Podcasts

CoinDesk Market Index Week in Review

By Noelle AchesonDec 9, 2023

Markets

Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to 'Fill CME Gap'

Market observers "underappreciate" future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.

By Krisztian SandorDec 8, 2023

Podcasts

Crypto Update | Is Retail Interest in Crypto Picking Up? Three Signals to Watch

By Noelle AchesonDec 8, 2023

Markets

Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates

Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning's numbers.

By Stephen AlpherDec 8, 2023