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

Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation

The indicator trades at low levels when there is heavy investor accumulation and HODLing is the preferred market strategy, a blockchain analytics firm said.

Reserve Risk shows time is ripe for patient investors to dip their toes into the market. (Pixabay)

Markets

First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat

A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.

Jakarta, Indonesia

Finance

Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million.

Marathon Digital is on track to hit its hashrate goals. (Shutterstock)

Learn

How Can Satoshi Nakamoto Have a Birthday? The Significance of April 5

You might hear that April 5, 1975 is the birthday of bitcoin’s pseudonymous creator. We explain the leading theory about why that date matters.

Gold present (freestocks/Unsplash)

Videos

OG Bitcoiner Bruce Fenton on Why He's Running for New Hampshire Senate Seat

Bruce Fenton, Chainstone Labs CEO & founder, and former executive for the Bitcoin Foundation, explains his plans to run for a U.S. Senate seat in New Hampshire, discussing crypto regulation, free markets and his association with the Republican Party. Plus, a conversation on Chris Larsen’s $5 million campaign to change the Bitcoin code and the environmental impact of proof-of-work. 

Recent Videos

Videos

‘HODL Waves’ Show Possible Bullish Indicators For BTC

A bull case could be made for bitcoin despite short-term momentum turning negative, according to Glassnode data weighing “HODL Waves” against BTC's "realized price." Are we at a turning point in this bear market? Plus, a look at BTC's April returns as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

Recent Videos

Markets

Crypto Funds Draw Inflows for Second Straight Week

Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday.

$180 million of net inflows in the seven days through April 1, according to CoinShares. (CoinShares)

Markets

Bitcoin Weighed Down by $48K Resistance; Support at $43K

Short-term momentum turned negative, which typically occurs during the first week of the month.

Bitcoin daily price chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Videos

SEC Rejects Ark 21Shares Bitcoin ETF Application

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the U.S. Securities and Exchange Commission’s (SEC) continued streak of rejecting bitcoin spot ETF proposals, the most recent being Ark 21Shares' application. Plus, a conversation on new legislation in the European Union (EU) aiming to enforce a travel rule on international crypto transactions. 

Recent Videos

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