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

Is Bitcoin an Inflation Hedge or Currency?

Providence Financial and Insurance Services Founder Anthony Saccaro shares his bitcoin price outlook, discussing BTC’s use as an inflation hedge and a currency while noting its growing correlation with the stock market. Plus, why Goldman Sachs is speculating the possibility of a recession within the next two years and what this means for crypto.

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Markets

Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.

North Korean flags waving in the wind.

Markets

Bitcoin Holding Support Above $37K; Resistance at $45K

BTC appears to be oversold on intraday charts.

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes)

Markets

What Would Deglobalization Mean for Bitcoin’s Price?

Geopolitical crises like the Russia-Ukraine war are reversing the era of globalization, where people enjoyed lower costs from the expansion of free trade and labor offshoring.

(Yuichiro Chino for CoinDesk)

Videos

Nasdaq Exec on Possibility of a US Spot Bitcoin ETF

Nasdaq Head of Digital Asset Index Research Jake Rapaport discusses the Nasdaq survey that shows the growing demand for a spot bitcoin ETF in the U.S. as institutional investment in crypto shows no signs of slowing down. Rapaport also explains what regulators would need for approval. Plus, a conversation on Nasdaq’s interest in blockchain technology and decentralized finance (DeFi). 

Recent Videos

Videos

FalconX Exec on BTC Slipping Below $40K, Crypto Swap Initiative

FalconX Chief of Staff Austin Reid discusses the current state of the crypto markets as bitcoin slips below $40,000 while investors prepare for Tax Day. Plus, a conversation about institutional interest in altcoins and FalconX recently becoming the first CFTC-registered cryptocurrency swap dealer. 

Recent Videos

Finance

First Mover Americas: Bitcoin's Exchange Balance Hits 3.5-Year Low

The latest moves in crypto markets in context for April 18, 2022.

Business choices for select to investment decide.Businessman stand for decision to entry to path of direction way.Bitcoin Crypto currency choice of moeny.

Markets

Shiba, Dogecoin Among Biggest Losers as Macro Fears Lead to Market Fall

Bitcoin traded below pivotal support of $40,000 during European trading hours on Monday, reaching its lowest price in nearly a month.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches

Tax-related selling seems to have aggravated macro-driven weakness in the bitcoin market.

Bitcoin slips to a one-month low on tax-related issue and murky macro outlook. (CoinDesk, Highcharts.com)

Markets

First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading

The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

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