- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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 Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.
Crypto Markets Look to Recapture Momentum Following Down Week
Trading volume increases for both bitcoin and ether, but trails their 20-day moving averages. CoinDesk’s Bitcoin Trend Indicator signals neutral again.
BRC-20 Explained: How Tokens on Bitcoin Work and Why They Are Controversial
The idea of putting tokens on the Bitcoin blockchain isn’t anything new, but previous efforts haven’t exploded in popularity like BRC-20.
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
The firm says El Salvador will serve as its base for operations in Latin America.
Crypto Investment Funds See Outflows for Fourth Consecutive Week
Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones
The billionaire hedge fund manager also said lower inflation is also going to be a headwind for the crypto.
First Mover Americas: MiCA Legislation Gets the Final Go-Ahead From EU Ministers
The latest price moves in crypto markets in context for May 16, 2023.
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs
ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins may be increasing, writes CoinDesk analyst Glenn Williams.
