- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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
Bitcoin Could Go Crazy Above $36K, Options Data Suggests
Bitcoin options dealers or market makers are likely to trade in the direction of the market above $36,000, accelerating price gains.
Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
The crypto rally was broad, as all CoinDesk sector indexes posted 7% to 32% advances.
15 Years After the Bitcoin White Paper, Bitcoin Builder Culture Flourishes
What will we do in the next decade and a half?
How Much Money Will Flow Into Bitcoin ETFs? Here’s One Projection
Alex Thorn, head of research at Galaxy, sees inflows to spot bitcoin ETFs reaching more than $14 billion in the first year after a potential SEC approval and the price of bitcoin spiking to $47,000. He also sees approval of these products possibly occurring this year.
Bitcoin 2008: Satoshi Nakamoto’s Busy Few Months Building the Revolutionary 'P2P Electronic Cash' Network
The Bitcoin white paper was first published 15 years ago. CoinDesk reflects on some of its earliest archival material and statements from Bitcoin creator Satoshi Nakamoto.
First Mover Americas: Solana’s SOL Gains 50% in October, Adding $6 Billion to Market Cap
The latest price moves in crypto markets in context for Oct. 31, 2023.
Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis
Such consolidations generally end with an upward breakout, one observer said.
Crypto Market Breadth Widens, Signals Bullish Momentum
Market breadth is a technical analysis technique that gauges the number of tokens participating in bitcoin's rally.
Bitcoin Holds Steady Above $34K After Hawkish Bank of Japan Decision
The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016.
