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

Could FTX Collapse Trigger a Crypto Domino Effect?

Bitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.

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Markets

Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (in the Inverse)

Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices.

(Midjourney/CoinDesk)

Opinion

The 10 Biggest Developments in Bitcoin in 2022

Whether it's the Taro upgrade or growth in the Lightning Network, Bitcoin has seen steady progress this year, says Cory Klippsten, Tomer Strolight and Sam Callahan of Swan Bitcoin.

(Andriy Onufriyenko/Getty Images)

Markets

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC

The latest price moves in crypto markets in context for Dec. 19, 2022.

Grayscale's new ad campaign can be seen in New York's Penn Station. (Nikhilesh De/CoinDesk)

Finance

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices

The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.

Game7 presenta un programa de ayuda de US$100 millones para juegos basados en blockchain. (Pixabay)

Markets

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm

Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. The situation may persist for some time.

El flujo de intermediarios como porcentaje del volumen de Paradigm es el máximo de 2022. (Paradigm)

Finance

Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit

Policy actions that decry decentralization in response to FTX sort of miss The Point.

Sen. Elizabeth Warren (D-MA) questions executives of the nation's largest banks during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. (Drew Angerer/Getty Images)

Markets

Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops

Bitcoin, largest cryptocurrency by market value, fell 3% over the past 24 hours

(Pixabay)

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