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

Podcasts

Crypto Update | Surge in US Job Openings Sparks Economic Jitters and Market Reactions

By Noelle AchesonOct 3, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Finance

Canadian Exchange TMX Soon to Start Bitcoin Futures Trading

The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.

By Krisztian SandorOct 3, 2023

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Videos

ETH Slumps Amid Slow Start for Ether Futures ETFs

It was a slow start for futures-based ether exchange-traded funds (ETFs) on their first day of trading. A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Oct 3, 2023