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

Market Wrap: Bitcoin Showing Potential Signs of an Upswing

Digital asset markets are navigating a challenging environment of high inflation, inverse correlations to the U.S. dollar, increasing interest rates and higher consumer debt.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Finance

Strike CEO: El Salvador’s Bitcoin Experience ‘Doesn’t Hurt My Company at All’

Jack Mallers joined CoinDesk TV’s "First Mover" to discuss El Salvador, bitcoin and how the mobile payments app is working to change the payment system for merchants and consumers globally.

Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)

Videos

Chairman Behnam: Bitcoin Could ‘Double in Price’ Under CFTC Regulation

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Wednesday CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin (BTC). "The Hash" panel discusses the latest in crypto regulation amid a brewing turf war between regulatory agencies.

Recent Videos

Videos

Bitcoin Holds Strong at $19K Amid Macro Uncertainty

Bitcoin (BTC) is trading firmly at $19,000 despite severe macroeconomic uncertainty in recent weeks. Rubicon Crypto co-founder and CEO Greg Johnson discusses the token's resilience and his markets outlook. Plus, how the U.S. dollar dominance will impact the crypto industry.

Recent Videos

Videos

Bad News for Crypto? Bad News for Everyone?

The U.S. dollar is the biggest bet in the world right now. What does that mean for Bitcoin and crypto? Dollar milkshake theory and where it leaves crypto is the focus of this episode of "The Daily Forkast."

Recent Videos

Videos

Strike CEO on Recent Bitcoin Turbulence

Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses why the current market environment is not hurting bitcoin’s (BTC) opportunity as a store of value, saying it “doesn’t matter.”

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Videos

Jack Mallers on El Salvador’s Bitcoin Experiment

September marks the one-year anniversary of El Salvador adopting bitcoin (BTC) as legal tender. Jack Mallers, the Chicago-based company executive known for helping El Salvador adopt bitcoin, reflects on the milestone.

Recent Videos

Markets

First Mover Americas: Bitcoin Pushes for $20K Again as Investors Return to Risky Assets

The latest price moves in crypto markets in context for Sept. 29, 2022.

(Midjourney/CoinDesk)

Markets

Worried About a Financial Crisis? Enter – Self Custody.

Placing bitcoin in cold storage won't prevent losses, but it can eliminate counterparty risk.

(Yana Iskayeva/Getty Images)

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