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

Goldman's Bullish Dollar Forecast Could Spell More Bad News for Bitcoin

The cryptocurrency has fallen as the U.S. dollar index has gone up.

Goldman Sachs detectó una continua fortaleza del dólar. (Getty Images)

Markets

First Mover Asia: Solana’s Anatoly Yakovenko Thinks His Phone Is the Tool for a Mobile Web3 Experience

The Solana protocol faces a massive challenge in convincing people to use its phone to do things they can do with existing phones.

(Steve Jurvetson/Creative Commons)

Markets

Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie

Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.

(AxieInfinity.com)

Videos

US Stocks More Volatile Than Bitcoin for First Time Since July 2021

Bitcoin trading flat Thursday, with little movement over the last 24 hours. Stocks have become more volatile than bitcoin for the first time since July 2021. Bitcoin's 30-day volatility has dipped below that of the S&P 500. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Markets

Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take

Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

Markets

Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise

Bitcoin’s 30-day price volatility dropped to the lowest in almost two years, data shows.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Videos

Bitcoin Struggling at $19K as Global Inflation Continues to Rise

Bitcoin (BTC) is trading at $19,100, continuing to trail its 20-day moving average, a sign of the bear market’s resiliency. Bruno Ramos de Sousa, Hashdex’s head of U.S. and head of new markets, discusses his crypto outlook amid rising inflation.

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Markets

A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market by 1.8%

The underperformance has been far lower than estimated, thanks to the bear market.

BITO underperforms bitcoin's spot price. (Arcane Research, TradingView)

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