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



Mercados

First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears

ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes.

(David McNew/Getty Images)

Finanzas

Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low

The troubled crypto brokerage is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report.

(Genesis Trading, modificado por CoinDesk)

Mercados

Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence

Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether.

Bitcoin and ether prices plunged amid continued market uncertainty triggered by the FTX collapse. (Nathan Dumlao/Unsplash)

Vídeos

Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss

Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.

Recent Videos

Vídeos

Bitcoin’s Tide May Be Turning

A chart by pseudonymous crypto analyst "Game of Trades" shows bitcoin (BTC) has hit a two-year low on record trading volume, suggesting the price could reach a turning point. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

Recent Videos

Mercados

Crypto Market Analysis: Bitcoin and Ether Approaching Oversold Levels

To see if that matters, it's helpful to look back at what the relative strength index, a technical indicator, has meant in the past.

(Shutterstock)

Mercados

Investors Short Crypto Assets as Industry Scrutiny Intensifies

Short investment products accounted for 75% of total inflows into crypto assets last week, a report by digital asset investment and trading group CoinShares showed.

Short investment products accounted for 75% of all inflows last week. (CoinShares)

Vídeos

‘Grayscale Discount’ Widens as FTX Contagion Spreads

Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a record discount relative to the price of the underlying bitcoin (BTC). "The Hash" discuss the impact of FTX's fallout on the overall market. CoinDesk is an independent subsidiary of Digital Currency Group (DCG), which also owns Grayscale.

Recent Videos

Vídeos

More Than 50% Bitcoin Addresses Are in Loss

Most addresses holding bitcoin are now losing money, on-chain data shows. "It's just the short-term overhang that's pretty dangerous at this point ... everyone is focused on [FTX] contagion risks," says Nauman Sheikh, Wave Financial head of protocol and treasury management. But, he explains why he's optimistic in the long term.

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