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 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)

Markets

Market Wrap: Bitcoin's Price Rises Amid Uncertainty

The price appears to be both undervalued and range-bound.

Bitcoin's price rose slightly on Wednesday. (Paolo Nicolello/Unsplash)

Videos

Bitcoin’s August Sell-Off Basically Wipes Out July Gains

Bitcoin’s losses in August basically wiped out the token’s gains in July, according to the monthly bitcoin (BTC) candle chart. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

CoinDesk placeholder image

Markets

More Volatility Ahead for Bitcoin as Federal Reserve Keeps Quiet

BTC traders will have to be data dependent, just like the central bank.

(Getty Images)

Markets

First Mover Americas: A Bleak Month for Crypto as Bitcoin Slides, Ether Stalls and Solana Tanks

The latest price moves in crypto markets in context for Aug. 31, 2022.

August was bleak for the crypto markets. (George Rose/Getty Images)

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