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

Crypto Markets Analysis: Bitcoin, Ether Price Movement Stalls

The two largest cryptos by market cap are looking to establish new areas of support. Whether short-term holders will sell or stay and become long-term holders remains uncertain.

(Getty Images)

Finance

CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits

Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.

(Aoyon Ashraf/CoinDesk)

Policy

El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says

The country was the first in the world to use bitcoin as legal tender.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Videos

Bitcoin Sees 30% Rally in Last 2 Weeks

Bitcoin (BTC) is holding steady near $23,000 for another day, while ether (ETH) remains above $1,600. Matt Weller, Global Head of Research at Forex.com, discusses his outlook for the largest cryptocurrency by market capitalization.

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Markets

First Mover Americas: Bitcoin's on a Tear, Up 30% in 2 Weeks

The latest price moves in crypto markets in context for Jan. 24, 2023.

Two Federal Reserve governors see the need for continued rate hikes. (PM Images/Getty Images)

Markets

Bitcoin's Weekly Options Trading Volume Rises to Highest Since FTX's Meltdown

The increase has been mainly driven by greater demand for call options, or bullish bets.

Bitcoin: volumen semanal de opciones en Deribit. (Fuente: Amberdata)

Markets

Bitcoin Breakout Has Opened Doors to $25K: Analysts

Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said.

(mcmurryjulie/Pixabay)

Markets

Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low

Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said.

Equipamiento para la minería de bitcoin. (Shutterstock)

Markets

First Mover Asia: Ether Prices Fall Relative to Bitcoin

The ETH/BTC currency pair has declined 8% since Jan. 11 as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading.

(Charl Folscher/Unsplash)

Markets

Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue

FTX’s FTT token was up 8% for the day. Equities closed higher.

Muchos jóvenes estadounidenses dicen que se están interesando más por las criptomonedas dado el clima económico actual. (Dall-E/CoinDesk)

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