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 Volatility and Trading Volume Continue to Decline

The compression in BTC’s trading range implies that market participants are playing things safely for the moment.

Jakob Braun (Unsplash)

Finance

Peter Thiel Backs Bitcoin Startup River in $35M Round

The Series B funding for the Bitcoin financial services provider was led by Kingsway Capital.

River Financial CEO Alex Leishman at BTC 2022. (Danny Nelson/CoinDesk)

Markets

Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal

The crypto's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.

(Shutterstock)

Markets

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market

As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.

Correlación móvil de 30 días entre los precios del bitcoin y ether (Kaiko).

Tech

One Million Individual Wallets Now Hold a Whole Bitcoin

A major bump in such wallets came after the implosion of crypto exchange FTX between November and January.

Wallet lying on the ground (Getty Images)

Markets

First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel'

There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether.

(Shutterstock)

Markets

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.

(Mohan Murugesan/Unsplash)

Markets

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.

(Unsplash)

Learn

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.

(Getty Images)

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