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



Markets

Bitcoin Ticks Up as Biden Announces New Russia Sanctions

Bitcoin still faces pressure below $40,000.

Bitcoin still faces pressure below $40,000. (CoinDesk)

Markets

Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale

The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

Videos

Tuttle Capital Management CEO on Macro Factors Impacting Bitcoin Price

Mathew Tuttle, CEO and CIO of Tuttle Capital Management, joins “All About Bitcoin” to discuss the current state of the crypto and broader financial markets, highlighting rising interest rates and negative sentiment in the marketplace for risk assets.

CoinDesk placeholder image

Markets

Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish

The bitcoin Fear & Greed Index declined as macroeconomic and geopolitical concerns linger.

CoinDesk placeholder image

Opinion

So What If Part of Bitcoin's Code Was State-Funded?

Adam Tooze asked if bitcoin politics is self-deluded. Cypherpunks are just resourceful.

(Michael Dziedzic/Unsplash)

Markets

Bitcoin Downtrend Persists; Support at $30K

BTC is 43% off its all-time high near $69K, and upside appears limited.

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

Markets

SAND Token, Below 200-Day MA, Joins Broader Crypto Market in Gloomy Outlook

SAND has dropped below its 200-day average for the first time since July.

Its gloom and doom in crypto markets with major coins trading under the 200-day average. (Source: Pixabay)

Markets

Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion

In tense situations, investors prefer gold and oil than riskier assets like stocks and crypto.

Bitcoin trades back and forth near $37K (Source: CoinDesk, Highcharts.com)

Markets

First Mover Asia: Taiwan, Singapore Are Not Stablecoin Fans; Major Cryptos Decline as Russia Invasion Looms

Taiwan and Singapore are wary of ceding control of their currencies; bitcoin, ether and most other major cryptocurrencies fell as Russian President Vladimir Putin made a defiant case for invading Ukraine.

Vladimir Putin (Evgenii Sribnyi/Shutterstock)

Pageof 834