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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
Why Did Bitcoin Surge So Much Against the Ruble?
Oligarchs dodging sanctions? Doubtful. Regular Russians trying to preserve their wealth? Maybe. There’s also a third, less exciting possibility.
Global Markets Roiled as Russia Invades Ukraine
Anna Baydakova, CoinDesk Moscow-based investigative reporter, joins “First Mover” to provide firsthand insights into Russian invasion in Ukraine. Baydakova explains the frustration among the Russian population and the destruction of historic ties between the two countries. Plus, a conversation on bitcoin adoption during times of crisis.
Bitcoin Price Key Support Levels Next Week, Eastern Europeans Shift to Crypto
In today’s Week in Review discussion, CoinDesk Managing Editor for Markets gives his analysis on where bitcoin price could be headed next week. Plus, Managing Editor for Tech Christie Harkin weighs in on the topic of weaponized finance amidst the war between Russia and Ukraine.
Crypto’s Increasing Prevalence in the Russia-Ukraine Crisis
CoinDesk’s Week in Review panel dissects some of the top stories of the week, following a momentous turning point in geopolitics as Russia’s invasion of Ukraine displaces thousands and shifts markets across the globe.
‘Active’ BTC Supply Reaches Highest Level in Over a Year
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating that the supply of “active” bitcoin, which is BTC that has been moved between addresses within the last 24 hours, is at its highest level in over a year. As bitcoin held by smaller address saw a steep uptick, it is highly possible that crypto is being used as a safe haven for those affected by the Russia-Ukraine war.
Market Wrap: Cryptos Slide; Analysts Expect a Volatility Spike
Bitcoin's outperformance relative to altcoins suggests a lower appetite for risk among investors.
Bitcoin Rally Evaporates as Price Tumbles Below $40K Friday Afternoon
The crypto’s divergence from stocks earlier this week has proven to be short-lived.
Bitcoin Extends Pullback Toward $37K-$40K Support Zone
BTC is in a wide trading range with strong overhead resistance. Technical indicators are mostly neutral.
Pplpleasr Will Not Always Please You: The Rise of NFT Artist Emily Yang
It was initially an accident for this artist to get into NFTs, but she’s now realizing a lifelong dream to create for herself.
