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



Videos

Bitcoin Struggles Around $19K Ahead of Inflation Data

Bitcoin (BTC) traded flat at $19,200 ahead of the next inflation report coming later this week. GSR Markets Global Head of Product Benoit Bosc joins “First Mover” to discuss his crypto outlook amid recession concerns. Plus, why he is hopeful about crypto eventually decoupling from the stock market.

Recent Videos

Markets

First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball

The latest price moves in crypto markets in context for Oct. 11, 2022.

(Midjourney/CoinDesk)

Opinion

The Rise and Fall of Bitcoin Culture

Crypto's first token created a culture and then a monster.

(Jordan Seott/Unsplash, modified by CoinDesk)

Videos

El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher

September marks the one year anniversary of El Salvador recognizing bitcoin (BTC) as legal tender. LSE Public Policy Fellow Frank Muci discusses the outcomes of El Salvador’s bitcoin experiment. Plus, more insight on President Bukele's plans to seek reelection as the country's debt rating is downgraded by Fitch.

Recent Videos

Markets

Bitcoin's Calm Amid Soaring Bond Market Volatility Points to 'HODLer'-Dominated Crypto Market

Bitcoin's 90-day realized volatility has dropped to the lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets.

Bitcoin's volatility meltdown happens amid heightened turbulence in traditional markets. (Bitcoin's 90-day realized volatility (TradingView)

Markets

First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)

Markets

Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000.

Bitcoin remains flat. (Sebastian Huxley/Unsplash)

Markets

Bitcoin y ether caen ligeramente mientras surgen dudas macroeconómicas en el mercado

Un analista cripto afirmó que la caída del mercado está probablemente influenciada por la disminución del riesgo antes de la publicación de los datos de inflación del jueves.

El gráfico de la cotización de bitcoin en las últimas 24 horas muestra una ligera caída hacia US$19.000. (CoinDesk)

Markets

Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

The market downturn is likely influenced by some de-risking ahead of Thursday's release of inflation data, one crypto analyst says.

El gráfico de la cotización de bitcoin en las últimas 24 horas muestra una ligera caída hacia US$19.000. (CoinDesk)

Markets

Crypto Funds Witness Minor Outflows – but It's Bullish, Actually

The majority of outflows were from "short" investment products, or those betting on price declines, according to CoinShares. It might be a sign that bearish sentiment is dissipating.

Bitcoin saw its fourth consecutive week of inflows totaling $12 million. (CoinShares)

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