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

Canadian Court Orders Freeze of 'Freedom Convoy' Crypto Accounts

The Canadian "Freedom Convoy" saga continues as an Ontario court ordered the freezing of funds in over 120 crypto addresses tied to bitcoin, cardano, ethereum, litecoin and privacy coin monero. "The Hash" co-hosts examine Canada's "surprising totalitarian measures" and Kraken CEO Jesse Powell's reactions.

Recent Videos

Markets

Bitcoin Under Pressure, Lower Support at $30K-$35K

Momentum signals remain negative, indicating consistent selling pressure over the past month.

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

Markets

Bitcoin Falls Below $40K for First Time in 2 Weeks

Bitcoin's notorious volatility has upended what had been shaping up as a strong month for returns.

Bitcoin continues to trend downward as tensions between Russia and Europe escalate. (TradingView)

Finance

First Mover Americas: Bitcoin Nears $40K, Gaming Flips DeFi

The latest moves in crypto markets in context for Feb. 18, 2022.

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Markets

Bitcoin Wilts as Russia-Ukraine Tensions Push Gold to 8-Month High

Bitcoin is acting more like high growth tech assets, one observer said.

Bitcoin's price (CoinDesk)

Markets

First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions

Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

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