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 Asia: Bitcoin Above $23K in Weekend Trading; an Edgy Environment at Seoul's Blockchain Megaweek

Ether and most other major altcoins trade sideways as investors await further economic indicators.

By James Rubin, Sam ReynoldsAug 8, 2022

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

Finance

Move Over, Ethereum – Bitcoin’s Lightning Network Has Apps, Too

Bitcoin’s dominant scaling system continues to grow despite a formidable bear market.

By Frederick MunawaAug 7, 2022

Podcasts

Hash Headlines: Top Stories of the Week

By Adam B. Levine, William Foxley, Zack Seward, Jennifer Sanasie, David Z. Morris, Wendy OAug 6, 2022

Markets

Market Wrap: Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later

The positive jobs report may lead to additional Federal Reserve monetary tightening.

By Glenn Williams Jr., Jimmy HeAug 5, 2022

Bitcoin has been grinding upward, currently trading near $23,000. (Chester Alvarez/Unsplash)

Opinion

The Price for Crypto’s Recovery: A New Narrative

Crypto recovery, and price gains, depend on use cases this time around

By Michael J. CaseyAug 5, 2022

Markets

First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

The latest price moves in crypto markets in context for Aug. 5, 2022.

By Lyllah Ledesma, Omkar GodboleAug 5, 2022

Bitcoin witnessed some downside after a strong U.S. jobs report for July. (redcharlie/Unsplash)

Finance

Core Scientific Sold More Bitcoin in July Than It Mined

The miner still holds 1,205 bitcoins and expects to continue to sell its mined coins to pay for expenses.

By Aoyon AshrafAug 5, 2022

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Markets

US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips

Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.

By Helene BraunAug 5, 2022

Markets

First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B

Bitcoin and ether kept sliding, but barely. Meanwhile, a corporate partnership announcement was enough to send Coinbase shares soaring (and short-sellers running for shelter).

By Shaurya Malwa, Helene Braun, Bradley KeounAug 4, 2022

Are crypto developers are learning from their recent security mistakes? (Steven Thompson/Unsplash, modified by CoinDesk)

Finance

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again

After MicroStrategy’s stock collapsed in 2000, the now-former CEO flew under the radar. Crypto changed all that.

By Michael Bellusci, Christine LeeAug 4, 2022

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

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