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

Ether Gains on Bitcoin but JOLTs Jobs Data Leaves Markets Unmoved

Ether and bitcoin’s reduced daily correlation could provide opportunity for ETH bulls.

(Noah Silliman/Unsplash)

Markets

Bitcoin's Huge Surge Pushes Crypto Market Cap to $1.19T, the Highest Since June

Bitcoin’s massive rally has helped get it there, even as the industry faces a regulatory crackdown.

Arrow Up (Unsplash)

Opinion

Bitcoin and the Changing Definition of 'Safety'

When supposedly safe investments like bonds and stocks underperform, what does that mean for our view of apparently risky investments like bitcoin? Noelle Acheson offers her thoughts.

(Ümit Yıldırım/Unsplash)

Markets

Ether Rallies to 8-Month High, Gains Ground Against Bitcoin

"ETH looks to regain ground against BTC as part of a broader capital rotation play," one observer said.

Cotización de ether. (CoinDesk)

Markets

Bitcoin Volatility Index's Correlation With Price Flips Positive, Boosts Appeal of Bullish Call Options

The positive correlation between bitcoin's market value and its implied volatility means faster price appreciation for call option holders.

(Will Ess para Pixelmind.ai/CoinDesk)

Markets

First Mover Asia: Bitcoin Extends Its Stay Below $28K, Dogecoin Stays Hot

Dogecoin surged after Twitter replaced its familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. ALSO: Is Indonesia’s CBDC a potential alternative to Visa and Mastercard?

(Michele Tantussi/Getty Images)

Markets

Bitcoin Drops to $27.5K While Dogecoin Spikes After Twitter Logo Change

BTC needs a catalyst to break the $30,000 threshold, says an analyst. DOGE spikes after Twitter changes its platform's logo to the dogecoin symbol from the blue bird.

(Midjourney/CoinDesk)

Markets

Internet Computer Issues ‘Liquid Bitcoin,’ for Faster, Cheaper BTC Transactions

ckBTC brings layer-2 capabilities to Bitcoin, while also ensuring greater security and decentralization than other BTC-pegged tokens, developers say.

(Getty Images)

Markets

First Mover Americas: Bitcoin's Within Range of $30K

The latest price moves in crypto markets in context for April 3, 2023.

Bitcoin is within range of $30,000, but will need a stronger push to get there, one analyst said.

Markets

U.S. Banking System Turmoil Has Spurred Bitcoin Outperformance: Coinbase

The cryptocurrency has topped other digital assets in the last month, a report from the exchange noted.

(CoinDesk)

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