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

Opinion

Calling Out the Sexism in Bitcoin, Crypto

Crypto is for everyone.

By Daniel KuhnApr 21, 2022

"Martha Scolding Her Vain Sister Mary Magdalene" (Elisabetta Sirani/Smithsonian American Art Museum, modified by CoinDesk)

Markets

Bitcoin Nearly Hits $43K, Trades at 10-Day High

The price action in bitcoin (BTC) hasn't been super dramatic, but lately the general direction has been higher.

By Angelique ChenApr 21, 2022

Bitcoin was up 1.1% in the past 24 hours. (CoinDesk)

Videos

Bitcoin Price Eyes 200-Day Simple Moving Average

The Strategic Funds Managing Director Marc Lopresti provides his analysis on bitcoin's next move after a three-day price rally. Lopresti also explains why his firm is bullish on altcoins like Avalanche and Solana. Plus, a conversation about the continued growth of institutional interest in crypto, noting a rumored partnership between FTX and Goldman Sachs.

Apr 21, 2022