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

Bitcoin Holds Above $17K Despite DCG Uncertainty

Bitcoin (BTC) is trading above $17,000 as investors are watching the uncertainty unfold with DCG and Genesis Trading. IDX Digital Assets CIO Ben McMillan provides his markets analysis, saying, "this is a very thinly traded market so it doesn't take a lot to move the price up."

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Markets

Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech

The Federal Reserve chairman is scheduled to speak at event hosted by Sweden's central bank.

Jerome Powell (Alex Wong/Getty Images)

Markets

Poor Bitcoin Market Liquidity Keeps Crypto Whales at Bay

Low liquidity means large buy and sell orders can significantly affect bitcoin's price.

La baja liquidez significa que las grandes órdenes pueden afectar significativamente los precios. (qimono/Pixabay)

Markets

First Mover Asia: Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto

A squeeze on bearish altcoin traders has brought fresh energy into crypto markets, absent for months as the FTX exchange imploded in scandal. PLUS: Alex Thorn talks on crypto VC in 2023.

Are there signs of green shoots in crypto markets, or is it just a short squeeze? (Velodenz/Creative Commons)

Markets

Crypto Markets Today: Big Options Trade in Ether Market Would Profit from 69% Price Slide

ALSO: Bitcoin and ether traded up. Solana saw double-digit gains amid strong transactional activity.

(Dall-E/CoinDesk)

Markets

Crypto Markets Analysis: Falling Inflation Expectations Might Signal Bullish Turn for Bitcoin

Consumers' inflation expectations are coming down slowly – possibly removing one potential self-fulfilling prophecy from the list of things the Federal Reserve has to worry about.

The price of ether has risen 16% in the past week. (Getty Images)

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Bitcoin Breaks Above $17K, Hits Three-Week High

Bitcoin (BTC) is trading around $17,300, hitting a three-week high as traders in both crypto and traditional markets see the slowdown in U.S. services businesses as a sign that the Federal Reserve might be able to ease up on its push to tighten financial conditions. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Markets

Bitcoin's Modest Rally Sends Crypto-Related Stocks Sharply Higher

The crypto mining sector is posting the largest gains in Monday trading.

Las acciones de compañías de la industria cripto se dispararon el lunes. (Midjourney/CoinDesk)

Videos

A Look Back at Crypto in 2022 by CoinDesk Research

Bitcoin (BTC) and ether (ETH) followed a blistering 2021 with a 65% and 67% pullback in 2022. CoinDesk Research Associate George Kaloudis discusses crypto's price actions in the past year and how the market performance difficulties impacted bitcoin mining companies. Plus, a look back at the significance of the Ethereum Merge to the network's development and a review of crypto regulations in 2022.

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