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



Mercati

Bitcoin Tumbles Back Below $30K as Bullish Momentum Wanes

Over $200 million in positions have been liquidated following a second sharp drop for bitcoin in seven days.

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Opinioni

Even Giants Started Out Small: Cooperation and the Early Days of Bitcoin

What the new Baylor Bitcoin study really says (and what it really doesn’t) about Satoshi & Co.

ALL TOGETHER NOW: Ants working together to build a bridge to a new leaf. (Hung Meng Tan/Clickclick1/Getty Images)

Opinioni

The Decentralized Mystique

New academic research on Bitcoin’s early years undermines its foundational myths of privacy through pseudonymity and decentralization, Jaron Lanier and Glen Weyl write.

Like the Biblical story of Moses, Bitcoin’s decentralization is a powerful motivating idea. But is it true? (Paramount Pictures/Wikimedia Commons)

Layer 2

New Research Unearths Insights Into Satoshi and Bitcoin’s Early Days

The paper makes no claims about the Bitcoin network today, more than a decade after the end of the period analyzed. But it underscores well-known and longstanding privacy challenges.

ANCIENT HISTORY? The era of Bitcoin analyzed in a new study long predated the advent of specialized mining machines. (Jacqueline Martinez/Unsplash)

Mercati

First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K

A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Video

Macro Factors Driving Bitcoin Above $31K

Bitcoin (BTC) is back above $31,000 on Monday after a record nine-week losing streak. BitFlyer Global Head of Sales & Trading Takaaki Kato discusses the macro factors that may be impacting BTC’s price, plus the state of crypto in Japan and Asia at large.

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Video

Bitcoin Snaps Record Losing Streak, Climbs Above $31K

Bitcoin finally posts a winning week, snapping a record 9-week losing streak. Friday's U.S. CPI report for May could show inflation slowing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Mercati

Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves

So far, BTC has avoided significant price drops. But option traders are protecting against the downside.

Bitcoin 24-hour chart (CoinDesk)

Video

Bitcoin Back Above $31K, Ethereum Merge Around the Corner

Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.

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