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: Bitcoin Inches Up After Report Shows Slowing US Jobs Growth

The latest price moves in crypto markets in context for Sept. 2, 2022.

Bitcoin inched back up over $20,000 on Friday. (Ag PIC/Unsplash)

Markets

US Job Growth Slowed in August; Bitcoin Gains

The report is one of the last major economic data points the Federal Reserve will see before its September monetary policy meeting.

Binance, Kraken y Polygon están contratando mientras el mercado está en baja. (Clem Onojeghuo/Unsplash)

Markets

First Mover Asia: The Michael Saylor Tax Case and What It Means; Bitcoin Wrestles With $20K

The MicroStrategy executive chairman says the District of Columbia’s scrutiny of his tax residency is wrong, but the filing has deeper significance.

MicroStrategy CEO Michael Saylor at the Bitcoin 2022 Conference in Miami (Marco Bello/Getty Images)

Markets

Bitcoin Traders’ Outlook Is So Bleak That Some Analysts See a Buying Opportunity

Several BTC metrics are hovering at historic lows and crypto traders’ sentiment is overwhelmingly bleak. Some analysts argue that it’s time to make short-term contrarian bets.

(olaser/Getty Images)

Markets

Market Wrap: Bitcoin Struggles to Hold $20K for the Foreseeable Future

The largest cryptocurrency in market value toggled above and below the psychologically important threshold.

Bitcoin continues to struggle around $20K. (Hulton Archive/Getty Images)

Markets

Chilliz, Cosmos and EOS Tokens the Best Crypto Performers in August in Bear Market

Positive news helped certain altcoins buck the general downtrend.

Bitcoin jumped early Tuesday before falling into the red. (Shutterstock)

Videos

Bitcoin Hovers Around $20K Ahead of Historically Bearish September

Bitcoin finds resistance at the $20,000 support level ahead of September, which has historically been a bearish month for the token. Rubicon Crypto co-founder and CEO Greg Johnson shares his crypto outlook and expectations for the Ethereum Merge.

Recent Videos

Markets

First Mover Americas: Bitcoin Drops Below $20K, Michael Saylor Sued for Tax Fraud

The latest price moves in crypto markets in context for Sept. 1, 2022.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Finance

Advisors Need to Refine Their Definition of Crypto

Before we engage in funds and strategies, we have to understand the language of digital assets.

(Susumu Yoshioka/Getty Images)

Markets

First Mover Asia: Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K

Sasha Ivanov told CoinDesk the USDN model uses four tokens to supply liquidity and to help the stablecoin retain its $1 peg.

(Mike Hill/Getty Images)

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