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

SkyBridge Capital’s Anthony Scaramucci on the Future of Bitcoin

Anthony “The Mooch” Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins “All About Bitcoin” live from Crypto Bahamas to discuss the future of bitcoin, his firm’s investments, Twitter accepting Musk’s $44 billion deal and more.

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Layer 2

Lightning Payments Come to Mobile Games, Fueling Bitcoin Adoption

THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week.

(Qinghong Shen/Unsplash)

Videos

Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts

U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto. 

Recent Videos

Markets

Bitcoin Slips Toward $38K After Rally Fizzles

Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K, market analysts say.

The largest cryptocurrency was down 3.25% in the past 24 hours, trading at $38,210. (CoinDesk)

Markets

Bitcoin Pullback Deepens, Support at $37K

BTC's current pullback is similar to what occurred in September of last year, albeit with weak price momentum.

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

Finance

Fort Worth to Become First US City to Mine Bitcoin

The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.

Fort Worth Mayor Mattie Parker (left) and TBC President Lee Bratcher  (Fort Worth)

Finance

First Mover Americas: Bitcoin's Price Bounce Stalls; Options 'Max Pain' in Focus

The latest moves in crypto markets in context for April 26, 2022.

Price bounce (Getty Images)

Layer 2

The Lightning Network Is Bringing Payments Back to Bitcoin

The Lightning Network, which enables small and instant bitcoin payments, is getting bigger and more useful. Here's a state of play. This piece is part of CoinDesk's Payments Week.

(Yunha Lee/CoinDesk)

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