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

NFL Defensive End Alex Barrett on Taking His Salary Fully in BTC

National Football League (NFL) player Alex Barrett of the San Francisco 49ers has partnered with Bitwage to receive 100% of his paycheck in bitcoin. Barrett joins “The Hash” to share insights into his crypto journey and where it fits into the growing crypto enthusiasm in the sports world despite the current market rout.

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Markets

Bitcoin Drifts Lower, Support at $25K-$27K

BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

Bitcoin's weekly chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Bitcoin Heads for Record 8-Week Losing Streak

The latest moves in crypto markets in context for May 20, 2022.

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BIP 119: Unpacking CTV and How It Would Change Bitcoin

Right now, we can only use Bitcoin scripts to designate when or why a bitcoin is spent. But what if we could use it to designate how a bitcoin is spent?

(Andriy Onufriyenko/Moment/Getty Images)

Markets

Bitcoin Options Data Suggests Bearish Sentiment Among Investors

The put/call ratio for bitcoin options reached yearly highs on Thursday, data shows.

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.

KuCoin

Markets

Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms

BTC is declining less than altcoins, indicating a lower appetite for risk among traders.

Bitcoin's 24-hour chart (CoinDesk)

Markets

Bitcoin Returns Above $30K, Resistance at $35K

BTC appears oversold, although trading conditions have been choppy over the past few days.

El gráfico diario de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior. (Damanick Dantes/CoinDesk, TradingView)

Finance

MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report

Andrew Kang spoke to The Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy.

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention

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