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



Policy

Craig Wright Can Appeal Satoshi Defamation Finding, Norwegian Court Rules

An Oslo judge in October ruled Twitter user Hodlonaut had been within his rights to post 2019 tweets calling Wright a "fraud" and "scammer."

Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)

Opinion

2023 Will Be the Death of Bitcoin Energy FUD

It's becoming increasingly difficult to ignore how green bitcoin mining can combat climate change.

Bitmain Antminer mining rigs at Consensus 2022 (Christie Harkin/CoinDesk)

Markets

First Mover Americas: SEC Scrutnizes Crypto Audits; SBF Gets Bail

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

FTX founder Sam Bankman-Fried leaves federal court in New York after his arraignment and bail hearings on Dec. 22. (Michael M. Santiago/Getty Images)

Markets

First Mover Asia: Bitcoin, Ether Hold as US Stocks Fall

Plus: Glenn Ardi of CoinDesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer.

HODL can also stand for "hold on for dear life." (Credit: Shutterstock)

Markets

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bond

The bond was secured by his parent's Palo Alto house, where he was told he could stay.

Sam Bankman-Fried sale del tribunal federal en la ciudad de Nueva York. (David Dee Delgado/Getty Images)

Finance

Bitcoin Protocol Development Steadily Progressing Despite Only 40-60 Monthly Active Developers: NYDIG

The report was written by Bitcoin-focused investment firm, New York Digital Investment Group

Gráfico de número de empleados y capitalización de mercado de bitcoin vs gigantes fintech. (CoinDesk)

Videos

Bitcoin Annualized One-Month Realized Volatility Fell to a 2-Year Low of 38%

Bitcoin (BTC) is trading flat in the $16,000 to $18,000 range as its annualized one-month realized volatility fell to a two-year low of 38% last week. Plus, a Whalemap chart shows renewed accumulation by whales since BTC fell below the June low of $18,000 in early November. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Markets

Crypto Markets Analysis: Strong Economic Data Is Bad News for Bitcoin Bulls

As U.S. initial jobless claims come in lower than expected and 3Q GDP gets revised higher, bitcoin traders might not want to fight the Fed.

(Getty Images)

Policy

Craig Wright Signals He's Given Up Convincing Courts He Invented Bitcoin

On Wednesday, the infamous Australian computer scientist tweeted, “I have been too angry for too long, as I cared for external validation. That ends.”

Craig Wright at CoinGeek Conference New York (Eugene Gologursky/Getty Images for CoinGeek)

Markets

Guggenheim's Scott Minerd, Fickle Bitcoin Forecaster, Dies After Heart Attack

Among Wall Street financiers, Minerd was known for his extreme predictions of the largest cryptocurrency's price, often with mixed success.

Scott Minerd in 2021. (Dimitrios Kambouris/Getty Images)

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