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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
Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts Say
The cryptocurrency's two-month triangular consolidation ended early Monday with a convincing move to $47,000.
Bitcoin Hits Breakeven for First Time This Year, Blows Past $47,201 Before Settling Back
The largest cryptocurrency by market capitalization has risen for six consecutive days and gained over 12% since last Sunday upon a broader asset rally and Luna BTC buys.
First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High
Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.
Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly
The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.
BTC Balance on Exchanges Drops to Lowest Level Since 2018
Host Christine Lee presents Glassnode data illustrating that the number of coins held on centralized cryptocurrency exchanges has dropped to its lowest level since September 2018.
Catalysts for Bitcoin's Recent Price Rally
The "Week in Review" panel analyzes possible drivers for bitcoin's recent price rallies. Sovereign nations and institutional investors like Goldman Sachs and Bridgewater Associates have shown increased interest in digital assets. Plus, highlights from CoinDesk’s Mining Week content.
Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather
BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.
Why Web 3 Needs Africa
“The Hash” hosts discuss the crucial role Africa plays in the adoption of Web 3 technologies, being home to the second largest bitcoin market in the world. The conversation touches on financial inclusion, digital payments, and efforts to educate the continent's youth on technology.
Bitcoin City: El Salvador’s Dreams for Utopia on Hold
Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”
Could Arizona Be the Next Blockchain Innovation Hub?
AZ Bitcoin Network organizer Stephen Cole joins “Community Crypto” host Isaiah Jackson to discuss emerging crypto communities and growing use of bitcoin in Arizona. Plus, reactions to regulators reining in bitcoin’s energy consumption.