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 Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge

Stacks’ STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.

By Jocelyn YangMar 1, 2023

Besides reducing energy consumption, ether is also proving to be more inflation resistant. (Timon Studler/Unsplash)

Markets

First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem

ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.

By Sam ReynoldsMar 1, 2023

Markets

Crypto Markets Analysis: Crypto Volatility Declines Despite Regulatory, Inflationary Concerns

Since Feb. 24, ATR, a measure of market volatility, for BTC and ETH has fallen 16% and 11%, respectively.

By Glenn Williams Jr.Feb 28, 2023

Videos

Chart Analysts Say Bitcoin at Risk of Deeper Pullback Toward $20K

Bitcoin's (BTC) recent technical failure at key price resistance has raised the risk of a deeper pullback, according to analysts studying price charts. The leading cryptocurrency's upswing has recently stalled, with prices failing to crack resistance at $25,200, which capped the August bounce. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Feb 28, 2023

Markets

Crypto’s Next Move Depends on the Next Fed Rate Hike: Options Trader

Options Insights founder Imran Lakha thinks bitcoin could fall to $16,000 before rising again.

By Fran VelasquezFeb 28, 2023

Videos

Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name

Luke Dashjr, one of Bitcoin's core developers, is disavowing an auction for a Bitcoin-native Ordinal NFT that incorporated some of the code he contributed to the digital asset protocol. "The Hash" panel discusses the latest in the Ordinals movement dividing the crypto community.

Feb 28, 2023

Tech

Proposed Bitcoin Vault Feature Could Thwart Malicious Hackers

The feature is still in draft form and would require a soft fork in order to be adopted into Bitcoin Core.

By Frederick MunawaFeb 28, 2023

Markets

Bitcoin at Risk of Deeper Pullback Toward $20K: Chart Analysts

The decline could come after the price failed to break through a key resistance level of $25,200.

By Omkar GodboleFeb 28, 2023

According to market technicians, bitcoin's price may step down to $20,000. (AT/Unsplash)

Markets

Crypto Traders Worried About Liquidity Thinning in Bitcoin and Ether

Liquidity conditions in BTC and ETH markets are at their worst level since the collapse of Terra in May 2022

By Omkar GodboleFeb 28, 2023

Thin liquidity has traders worried about sudden bitcoin price volatility. (m./unsplash)

Finance

Bitcoin Core Developer Luke Dashjr Calls Out Unauthorized Ordinal NFT With His Name

The auction for the ordinal was being hosted at Scarce.City, a new ordinal marketplace.

By Sam ReynoldsFeb 28, 2023

Ordinals is exploding on Bitcoin (DALL-E/CoinDesk)

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