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 Seesaws Around $28K as Investors Await Fed Interest Rate Decision

The U.S. central bank is widely expected to boost the rate 25 basis points.

(Creative Commons)

Markets

Bitcoin, Ether Trade Lower After Breaching Technical Indicator

The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement

(Getty Images)

Markets

Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge

The data may reflect investors’ need for liquidity during the banking crisis, a CoinShares report says.

Salidas de activos digitales. (CoinShares)

Opinion

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem

Bitcoin and crypto aren't unraveling the banks.

(Spencer Platt/Getty Images)

Markets

First Mover Americas: Bitcoin, as Safety Play, Climbs Past $28K

The latest price moves in crypto markets in context for March 20, 2023.

Bitcoin is reaching new highs for the year. (Jim Smithson/Getty Images)

Markets

Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics.

(PublicDomainPictures/Pixabay)

Markets

Open Interest in Bitcoin Futures Hits Yearly High of $12B

An uptick in open interest alongside a price rally is said to confirm an uptrend.

La recuperación alcista de bitcoin logró que el interés abierto alcance máximos anuales. (Will Ess para Pixelmind.ai/CoinDesk)

Markets

Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K

The big move is aimed at avoiding a March 2020-like global dash for cash that saw investors sell everything, including bitcoin, for the U.S. dollar.

(Celyn Kang/Unsplash)

Markets

First Mover Asia: Bitcoin Hovers Over $28K Amid Banking Instability

ALSO: Bitcoin’s surge over the past week reflects a "flight to quality" but liquidity remains an issue.

(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)

Markets

Bitcoin, Ether Swing From Cold to Hot in Event-Filled Week

The two largest cryptocurrencies have risen 31% and 26%, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.

Lit Protocol has raised $13 million in a Series A round. (Pixabay)

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