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



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Bybit Replaces CME as No. 2 Bitcoin Futures Exchange by Open Interest

One trader cites Bybit's higher leverage limit, but other factors may at play, too, analysts say.

Bybit now ranks second among bitcoin futures exchanges. (Skew)

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BTC Withdrawals Signal Possible Bull Run Ahead

The current rate at which bitcoin is being withdrawn from exchanges resembles that of May and September 2020 and September 2021, possibly indicating a bull case for BTC. Plus, a conversation about on-chain activity and sell-side risk as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise

Both countries have increased regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading.

Crypto is in a delicate place in China and India. (Fred Marie/Art in All of Us/Corbis via Getty Images)

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Why Bitcoin’s 4-Year Halving Cycle Could Be Dead

Bitcoin’s current price action could indicate that its 4-year cycle based on the halving of coins produced might be a thing of the past, as the market has not entered its expected bear phase. “The Hash” hosts discuss the maturation of BTC’s market performance, noting increased institutional investment as a possible reason for the lack of volatility. 

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BTC Jumps Above $41K, Correlation with Nasdaq Increasing

CoinDesk Markets Reporter Damanick Dantes discusses bitcoin’s increasing correlation with tech stocks and the Nasdaq 100. Plus, insights into the potential market impact of the Luna Foundation Guard’s BTC purchases, and the current sentiment among traders in the options and futures markets.

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BitPay Co-Founder on Launching Bitcoin Lightning Network Payment Services

BitPay co-founder Tony Gallippi discusses the crypto payment company’s newly added support for transactions on the Lightning Network, offering increased speed and efficiency. Plus, the growth of crypto payments in emerging markets, tax implications and bitcoin's varying use cases. 

Recent Videos

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Market Wrap: Cryptos Rise as Bitcoin Returns Above $40K

BTC rose by 4% over the past 24 hours, compared with a 12% rise in RUNE.

(jayk7/Getty Images)

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Beyond the Bitcoin Conference Hype: Pleb.Fi Builds Inclusivity

The intensive inclusivity-meets-tech hackathon is one Bitcoin developer’s “love letter to the community.”

Pleb.Fi Signage (George Kaloudis/CoinDesk)

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Bitcoin Holding Support at $40K; Resistance at $43K-$47K

Selling pressure has weakened, which could pave the way for a price bounce.

Bitcoin daily chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

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