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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
The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today
Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series.
Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.
U.K. Lawmakers Say Crypto Should Be Regulated Like Gambling
Bitcoin (BTC), ether (ETH), and other cryptocurrencies should be regulated as gambling due to their potential risks, a panel of U.K. lawmakers from parliament's treasury committee said Wednesday. "The Hash" panel discusses the details of the push.
What Does the Debt Limit Showdown Mean for Bitcoin?
A U.S. debt default could catapult the cryptocurrency onto the international stage.
Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates
The trend has the potential to disrupt the huge rallies bitcoin and ether have seen this year.
First Mover Americas: Axie Infinity Rallies After Apple App Store Debut
The latest price moves in crypto markets in context for May 17, 2023.
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
First Mover Asia: Crypto's Rotating Profits
PLUS: Bitcoin is clearing through the unconfirmed transaction pile, but it's still at record highs
