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

World's Most Influential Central Banks' Balance Sheets Look to Have Troughed

The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year.

(Yuri_B/Pixabay)

Markets

First Mover Asia: Ether Climbs Over $2.1K to Further Its Post-Ethereum Shanghai Upgrade Surge

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

BTC climbed above $23,000 and the Crypto Greed & Fear Index moved from "extreme fear" to "fear." (Patrick Hendry/Unsplash)

Markets

Ether’s Post-Shanghai Rally Knocks Bitcoin Dominance From 21-Month High

ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.

BTC and ETH trade higher on moderate volume to begin the week. (DALLE-E/Coindesk)

Markets

Ether Price Swings Upward After Ethereum Upgrade, but What About the Future?

The price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.

(Unsplash)

Markets

Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

Ether's price chart (CoinDesk)

Markets

Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

(RapidEye/Getty Images Plus)

Markets

CoinDesk Indices Unveils Bitcoin Trend Indicator

The BTI is a daily signal that communicates the direction and strength of bitcoin's price trends through a purpose-built algorithm.

(DALL-E/CoinDesk)

Videos

What Are Crypto Derivatives and How Do They Work

As more institutional investors seek exposure to the crypto sector, financial instruments called "crypto derivatives" are particularly appealing. B2C2 CEO Nicola White explains how they work and why traders chose to trade derivatives instead of spot.

Recent Videos

Policy

London Stock Exchange Group Unit to Clear Bitcoin Index Futures, Options

LCH said its partnership with trading venue GFO-X shows its commitment to the crypto asset class

The financial district in London (Albrecht Fietz/Pixabay)

Markets

First Mover Americas: Crypto Trading Comes to Twitter

The latest price moves in crypto markets in context for April 13, 2023.

Ether price chart (CoinDesk/Highcharts.com)

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