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

First Mover Americas: Crypto Money-Laundering Bill on the Table

The latest price moves in crypto markets in context for Dec. 15, 2022.

A bill to combat crypto money laundering has been proposed in the U.S. Senate. (Shutterstock)

Markets

Telegram's No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher

Telegram users can purchase blockchain-based identities by paying Toncoin and bypass the need to use a SIM card to apply for the service as previously required.

Ícono de Telegram. (Archivo)

Markets

Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio

The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares.

Cathie Wood, CEO de Ark Invest. (Marco Bello/Getty Images)

Markets

First Mover Asia: Bitcoin’s Strong Correlation to 'Dr. Copper' Grows Healthier; Bitcoin Seesaws Back to $17.8K

Over the past week, the connection between the red metal and cryptocurrency has grown tighter, which bodes well for long-term investors. But a strengthening U.S. dollar may suggest a less rosy future.

copper, cable

Markets

Crypto Markets Today: US Regulation Heats Up; Bitcoin Rises, Then Falls

Top cryptocurrencies lost earlier gains after the Federal Reserve signals interest rates to keep rising well into 2023.

The new Congress will arrive for work at the U.S. Capitol on Jan. 3. (Jesse Hamilton/CoinDesk)

Finance

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

The miner cited delays in building out a mining facility by one of its partners, Lancium.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)

Markets

Crypto Markets Analysis: Focus on Bitcoin's Price Charts, Not Hawkishness From Fed's Powell

The Fed's warning of further rate increases brought down the BTC price on Wednesday, shortly after the cryptocurrency passed $18K for the first time since early November. But even the glimpse of optimism offered hints of a shift.

(Getty Images)

Markets

Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish

The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Videos

Bitcoin Flirts With $18K Ahead of FOMC Meeting

Bitcoin (BTC) is trading just below $18,000 as traders look to another interest rate hike from the Federal Reserve. 3IQ Head of Research Mark Connors discusses the recent price actions, and reacts to Binance CEO Changpeng "CZ" Zhao's warning to his staff of turbulent times ahead.

Recent Videos

Markets

First Mover Americas: Binance Hits Turbulence as Withdrawals Mount

The latest price moves in crypto markets in context for Dec. 14, 2022.

Binance is hitting a rough period as withdrawals from its trading platform surge. (Sotheby's/Wikimedia Commons)

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