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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
Crypto Traders in Wait-and-See Mode in Countdown to Ethereum Merge
Ether was trading around the $1,500 level as the Merge approaches in less than 12 hours. Bitcoin was back below $20,000.
Legal Battle Underway Between Hodlonaut and Craig Wright in Norway
CoinDesk Regulatory Reporter Cheyenne Ligon shares insights into the trial underway between pseudonymous bitcoiner Hodlonaut and Craig Wright, the Australian computer scientist best known for claiming to be the inventor of Bitcoin.
As Ethereum Merge Looms, Michael Saylor Pushes Back Against Bitcoin's Energy Critics
The bitcoin maximalist, executive chairman of MicroStrategy and recently alleged tax evader says the Bitcoin network’s output is 100 times greater in cost than its input.
A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation
Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.
How Will Bitcoin Dominance Be Impacted by the Merge?
"You'd have to expect Ethereum to continue to take ... the global total crypto market share," Eaglebrook’s Director of Research Joe Orsini says. He explains how Ethereum's improvements post-Merge could impact bitcoin.
'Distinct Demand Patterns' With Ether Futures: CME Group Exec
Bitcoin and ether are "trading about the same," says Tim McCourt, Global Head of Equity & FX Products at CME Group, "But, we have seen more ... distinct enthusiasm around ether." He outlines how the top two cryptocurrencies by market cap are trading on CME.
First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype
The latest price moves in crypto markets in context for Sept. 14, 2022.
Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses
BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.
Bitcoin Mining Difficulty Edges to All-Time High
The bump in mining difficulty comes as hashrate remains strong, despite bitcoin’s price edging downward.
First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
The bill would prohibit California-licensed entities from dealing with stablecoins unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.
