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

Harlem Bitcoin Community Organizers Urge Action to Improve Crypto Regulations in New York

Harlem Bitcoin Community Founders Shakib Farah, Jon Logan and Jesse Cervantes discuss the highly-charged debate over bitcoin's energy consumption and crypto mining in New York.

May 31, 2022

Videos

Harlem Bitcoin Community Founders on Crypto in New York

Safari Restaurant Owner Shakib Farah, NYC Firefighter Jon Logan and Former NYC Public School Teacher Jesse Cervantes discuss their crypto journeys from how they were introduced to BTC to co-founding the Harlem Bitcoin Community. They talk about the burgeoning crypto scene in Harlem and what goals they hope to achieve.

May 31, 2022

Markets

Bitcoin Relief Bounce Faces Resistance at $33K-$35K

Buyers are reacting to oversold conditions, although upside appears limited.

By Damanick DantesMay 31, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)

Coindesk News

Hey Crypto World, Let’s Talk About Mainstreaming the Satoshi at Consensus

The high price of bitcoin intimidates crypto newbies. CoinDesk is hosting a private session at Consensus 2022 to begin changing the conversation.

By Pete PachalMay 31, 2022

Markets

First Mover Americas: BTC Finally Sees Rebound, but It Could Be Short-Lived

The latest moves in crypto markets in context for May 31, 2022.

By Lyllah Ledesma, Shaurya Malwa, Parikshit MishraMay 31, 2022

Bitcoin saw a small weekend bounce. (Sally Anscombe/Getty Images)

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop

Crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft.

By Sam Reynolds, Bradley KeounMay 31, 2022

Markets

First Mover Asia: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act

Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain in more than two months.

By Sam Reynolds, Bradley Keoun, Damanick DantesMay 30, 2022

Onshore wind turbines on the Bradwell Wind Farm near Bradwell on Sea, U.K., on Tuesday, Sept. 21, 2021. U.K. Business Secretary Kwasi Kwarteng warned the next few days will be challenging as the energy crisis deepens, and meat producers struggle with a crunch in carbon dioxide supplies. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

Markets

Bitcoin Begins a New Week by Hitting Above $31K

Bitcoin posted a strong start to the week, rising to over $31,000 while U.S. equity markets were closed for the Memorial Day holiday.

By Michael BellusciMay 30, 2022

Markets

Bitcoin muestra signos de recuperación tras nueve semanas de pérdidas

El nivel de $29.500 está actuando como un importante soporte para la criptomoneda más grande del mundo.

By Shaurya MalwaMay 30, 2022

Markets

Bitcoin Shows Signs of Bottoming Out After 9 Weeks of Losses

The $29,500 level is acting as major support for the world’s largest cryptocurrency.

By Shaurya MalwaMay 30, 2022

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