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



Opinion

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

(dickcraft/CoinDesk)

Opinion

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.

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

Markets

Crypto Derivatives Protocol Volmex Finance's Bitcoin and Ether Volatility Charts Now Live on TradingView

Integration with TradingView promises global exposure to Volmex's implied volatility indexes for bitcoin and ether.

Crypto traders can now analyze trends in Volmex's bitcoin and ether volatility indexes on TradingView's platform. (TradingView)

Markets

First Mover Americas: Bitcoin Busts Through $26K

The latest price moves in crypto markets in context for March 17, 2023.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Markets

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

Investors are shifting into the cryptocurrency from stablecoins and more volatile cryptocurrencies, a report from the firm said.

Jenga image via Shutterstock

Markets

Bitcoin Breakout Puts $28K in View

The cryptocurrency's swift move above a resistance level dating back to August 2022 has strengthened the case for a continued rally.

Gráfico diario de bitcoin muestra un quiebre alcista. (Matrixport)

Markets

Crypto Twitter Thinks the Fed's $297B Balance Sheet Expansion Is 'QE', but It's Not

According to some observers, the latest expansion in the central bank's balance sheet is not outrightly stimulative like the one seen following the coronavirus-induced crash of 2020.

Fed's balance sheet (Fred.stlouisfed.org)

Markets

First Mover Asia: Asia Pushes Bitcoin Past $25K

ALSO: The Shibarium community is debating whether a chain using the same chain ID number 917 as the Rinia Testnet amounts to plagiarism or an open-source code that has been recycled.

Arrow Up (Unsplash)

Markets

Bitcoin, Ether Shrug Off U.S. Jobs Data

The two largest cryptocurrencies by market capitalization also recently appear to have decoupled from equity indexes.

The price of ether has risen 16% in the past week. (Getty Images)

Markets

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.

Bitcoin was rising above $25,000 (CoinDesk/Highcharts.com)

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