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



Technology

Bitcoin Custody Firm Casa to Add Ethereum Support

The addition is part of a major overhaul of the Casa app, which will be relaunched in January.

BTC and ETH trade higher on moderate volume to begin the week. (DALLE-E/Coindesk)

Markets

First Mover Americas: Coinbase Wallet Ditches 4 Tokens

The latest price moves in crypto markets in context for Nov. 30, 2022.

(Unsplash)

Policy

Bitcoin's Last Stand: ECB Staffers Say the Crypto Is on 'Road to Irrelevance'

Crypto regulation can be misunderstood as approval, the officials at the European Central Bank said.

(Raimund Linke/Getty Images)

Markets

First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease

ALSO: Sam Reynolds writes that most of Grayscale's digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.

(Unsplash)

Markets

Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop

The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Markets

First Mover Asia: Ethereum Isn’t wETH or stETH, but Jokes Still Move Markets

Sam Reynolds writes that irreverent posts about lesser-known altcoins – and more significant tokens – can be destructive, especially if people don’t get the irony. ALSO: Bitcoin drops as BlockFi files for bankruptcy protection.

Los precios de bitcoin cayeron a $19.700 esta mañana. (Adam Smigielski/E+/Getty Images)

Markets

Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides

Crypto prices dropped amid continued market contagion triggered by the FTX collapse earlier this month.

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Mga video

Bitcoin Holding Above $16K Amid BlockFi Bankruptcy

Crypto lender BlockFi filed for Chapter 11 bankruptcy protection and crypto funds saw the biggest outflows in 12 weeks, according to CoinShares. TheoTrade co-founder Don Kaufman discusses what this means for bitcoin (BTC) and why he expects larger downside volatility.

Recent Videos

Mga video

Bitcoin Posts Record Exchange Outflows After FTX Collapse

A record outflow of bitcoin (BTC) from centralized trading platforms last week is a sign that investors are losing confidence in those kinds of exchanges after the collapse of FTX, and are taking more direct control of their digital assets. CoinDesk's Lawrence Lewitinn breaks down the Chart of the Day.

Recent Videos

Markets

Wrapped Bitcoin Trades at Discount Amid Market Contagion

WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.

This chart shows that wrapped bitcoin has been trading at a discount after FTX's collapse. (Kaiko)

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