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

SOL, DOGE Lead Plunge in Major Cryptos as Traders Warn of ‘Severe Losses’ Ahead

Higher inflation will continue forcing higher interest rates, which would be negative for economic growth, one analyst said.

Crypto markets remained bearish. (Christopher Sweet/EyeEm/Getty Images)

Markets

Bitcoin Plunges Below $25K, Lowest Level Since December 2020

A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset.

People taking a plunge. (Mike Powell/Getty Images)

Markets

First Mover Asia: Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns

Ether and other major altcoins underperformed BTC over the weekend as investors continued to steer away from riskier assets; Is there a case for inflation?

Bitcoin and other cryptos fell. (David Pu'u/Getty Images)

Videos

Mainstream Media Coverage of Crypto Market

John Divine, U.S. News & World Report senior financial markets editor, and Katie Canales, Insider Tech & Crypto reporter, discuss how the mainstream media covers bitcoin and what is resonating with their readers.

Recent Videos

Finance

Texas Feels Like Bitcoin Country (Maybe Because I Was There for a Bitcoin Conference)

A Bitcoin developer conference last week put three important Bitcoin themes in focus: lightning, design and education.

Dusty, a Bitcoin developer, presents Lightning Network splicing which will allow payment channels to easily fluctuate in size. (George Kaloudis/CoinDesk)

Videos

Bitso Making 'More Money' Off of Remittances: CEO

Daniel Vogel, Bitso CEO & co-founder, discuses his outlook on the recent crypto market volatility and the fair value for bitcoin.

Recent Videos

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