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

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on Aug. 29

The launch of the contracts could accelerate the ongoing institutionalization of the crypto market.

The Chicago Mercantile Exchange will soon offer euro-denominated bitcoin and ether futures contracts. (Source: 12019/Pixabay)

Opinion

Bitcoin Doesn’t Need Yield When Holding Will Suffice

Bitcoin yields present risks and are unnecessary.

(Superb Images/Getty Images)

Opinion

Advisors Should Look Before Clients Leap Into DeFi

DeFi yields are gaudy but come with risks.

Diving board (Photo and Co/Getty Images)

Markets

Rare Signal Hinting at Bitcoin Price Bottom Emerges

Bitcoin's difficulty ribbon is compressing, hinting at miner capitulation and a market bottom.

Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)

Markets

First Mover Asia: Bitcoin Extends Losing Streak as Pelosi Taiwan Trip Passes Without Incident

ALSO: Solana's SOL token slides after wallet hack and Sam Reynolds provides an on-the-ground assessment of U.S. House of Representatives Speaker Nancy Pelosi's Taiwan trip.

Taipei, Taiwan, skyline. (Creative Commons, modified by CoinDesk)

Finance

Huge Traders Remain Super Bullish on Bitcoin Despite Crypto Carnage

A big player in professional finance says its trading partners see bitcoin rebounding to $32,000 this year.

Bernstein spells out what it believes could be catalysts for the next bull market in crypto. (Kameleon007/Getty Images)

Markets

Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’

News of an exploit on the Solana platform appears not to have affected BTC's price.

Trading above $23,000, BTC is in positive territory after five consecutive negative days. (Ozark Drones/Unsplash)

Opinion

Banks Aren’t Going to 'HODL' Bitcoin

New proposals from the Bank for International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs, says our columnist.

(Sirisvisual/Unsplash)

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