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, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum's Shanghai Upgrade

Bitcoin's dominance rate, its share of the crypto market, has risen to its highest level in almost two years, while ether's stagnates.

(DALL-E/CoinDesk)

Markets

Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K

Over $145 million in short positions against bitcoin prices were liquidated since early Asian morning hours on Tuesday.

BBitcoin faces headwinds (Pixabay)

Markets

China’s Douyin App Takes Down Bitcoin Price Ticker Hours After It Went Live

Bitcoin prices showing up on Douyin seemed to be an indication that Beijing maybe warming up to crypto. However, the ticker being taken down immediately afterwards suggests otherwise.

(Pixabay)

Finance

Bitcoin Breaks Above $30K for First Time Since June 2022

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.

(Andriy Onufriyenko/Getty Images)

Markets

Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022

Bitcoin miners are posting the largest percentage stock gains on Monday.

(Getty Images)

Markets

First Mover Americas: Ether Options Tilting Bearish

The latest price moves in crypto markets in context for April 10, 2023.

(Mark Miller/Pixabay)

Markets

Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 70% Surge

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.

(Pixabay)

Markets

First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

(Shutterstock)

Tech

Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

El CEO de Paxful, Ray Youssef (izquierda), y el COO, Artur Schaback, en una foto tomada en septiembre de 2016 en Las Vegas, según un tuit de la empresa. (Paxful)

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