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



Videos

Crypto Custody Explained: Benefits and Risks

There is no shortage of horror stories about stolen funds, hacks and lost passwords in the crypto industry. This is where crypto custody comes into play. Casa CEO Nick Neuman breaks down three types of custodians, as well as the benefits and risks of each.

CoinDesk placeholder image

Markets

First Mover Americas: Bitcoin Slides Toward $29K

The latest price moves in crypto markets in context for April 19, 2023.

GettyImages-1264331058.jpg

Markets

Bitcoin Drops to $29K in Sudden Sell-Off

The slide – which followed a huge market sell order at Binance – flushed millions of dollars' worth of futures positions.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein

Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

Michael Saylor (Anna Baydakova/CoinDesk)

Markets

First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K

ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

(Shutterstock)

Opinion

Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover

Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.

(Getty Images)

Finance

Bitcoin Financial Services Firm Unchained Capital Raises $60M

The Series B funding comes about five months after the company cut 15% of its staff amid the pressures of the prolonged crypto bear market.

Unchained Capital co-founders Dhruv Bansal (left) and Joe Kelly (Unchained)

Markets

First Mover Americas: Bitcoin Regains $30K as Alts Heat Up

The latest price moves in crypto markets in context for April 18, 2023.

(Justin Lewis/Getty Images)

Markets

Lesser-Known Bitcoin Indicator Signals Onset of Major Bull Run

The "reserve-risk" indicator has been historically reliable.

Bitcoin's "reserve-risk multiple" has crossed above zero. (Say Cheeze Studios/Unsplash)

Markets

The Biggest Crypto Bull Cycle Is Upon Us: Bernstein

Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.

(Spencer Platt/Getty Images)

Pageof 865