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

El Salvador Is Drafting Digital Securities Bill, Paving Way for Bitcoin Bonds

El Salvador's national assembly is considering a draft bill to regulate digital securities, indicating the country is going ahead with plans to issue bitcoin-backed bonds. "The Hash" panel discusses the latest in President Nayib Bukele's bitcoin experiment.

Recent Videos

Videos

Bitcoin Below $10K Is Where You Would Really Have Problems: Strategist

Fairlead Strategies founder and Managing Partner Katie Stockton breaks down where bitcoin (BTC) finds its price bottom, emphasizing the $10,000 key psychological level.

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Videos

Bitcoin Holds Firm Over $16K After Dipping to 2-Year Low This Week

Bitcoin (BTC) is regaining its footing above $16,000 after dipping to a two-year low earlier in the week. Fairlead Strategies founder and Managing Partner Katie Stockton discusses her outlook for BTC and whether it could outperform ether (ETH) in the near future.

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Markets

First Mover Americas: FTX’s First Hearing, Genesis Seeks Help

The latest price moves in crypto markets in context for Nov. 23, 2022.

(Getty Images)

Markets

First Mover Asia: Bitcoin Holds Firm Over $16K After Tracking Stocks Upward

ALSO: James Rubin writes that Changpeng Zhao and Elon Musk, among others, have spoken freely when discussing the fallout from crypto's rapidly expanding crises and the individuals behind them. But they haven't always been consistent.

(Shutterstock)

Finance

Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets

Foundry will buy two mining facilities and has an option to acquire a third site that is under development.

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Markets

Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

The CoinDesk Market Index, bitcoin and ether were all in the green.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Videos

Bitcoin Regains $16K Amid FTX Gloom

Delphi Digital Markets Associate Jason Pagoulatos discusses his outlook for bitcoin (BTC) as the cryptocurrency climbs back above the $16,000 level despite the continued fallout from crypto exchange FTX.

Recent Videos

Videos

FTX Fallout: Data Shows Long-Term Bitcoin Holders Are Selling

Investors who have held bitcoin (BTC) for six months or more have sold at least some of their coins since crypto exchange FTX collapsed, according to Glassnode. The selling is a sign of a lack of conviction among long-term holders, which could spell more trouble ahead for the price of the cryptocurrency. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

Recent Videos

Markets

Crypto Market Analysis: Investors See Few Encouraging Signs

Relative Rotation Graphs, a visual tool to capture trends in assets, do not show many signs of hope, even for cryptocurrencies that rose significantly over the last three months.

(Shutterstock)

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