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

Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

By Damanick DantesApr 1, 2022

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)

Videos

Bitcoin Markets Outlook, What to Expect From Bitcoin Miami 2022

CoinDesk Managing Editor for Markets Brad Keoun shares his price outlook for BTC following a volatile week, noting the behavior of institutional investors. Plus, Managing Editor for Tech Christie Harkin and “All About Bitcoin” host Christine Lee discuss what to expect next week from the Bitcoin 2022 conference in Miami as El Salvador's President Nayib Bukele is set to appear, among other key figures from the bitcoin community.

Apr 1, 2022

Videos

MicroStrategy, EU Parliament, and Other Possible Drivers of BTC’s Volatile Week

The “Week in Review” panel discusses possible catalysts for bitcoin’s recent price volatility, noting MicroStrategy's $205 million loan from Silvergate to amass even more BTC. Plus, Managing Editor for Tech Christie Harkin explains why Chris Larsen’s planned “Change the Code, Not the Climate” campaign is already facing stiff opposition from the bitcoin community.

Apr 1, 2022

Videos

Is BTC Entering Another Bullish April?

For seven out of the past 10 years, bitcoin has seen bullish price action in April, and a recent recovery could indicate a prosperous month for BTC investors. Plus, a look at the average perpetual funding rate as “All About Bitcoin” host Christine Lee presents the Chart of the Day.

Apr 1, 2022

Markets

Bitcoin Holds Support Above $44K; Resistance at $48K-$51K

Upside momentum signals remain intact.

By Damanick DantesApr 1, 2022

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

Videos

Why Ethereum Co-Founder Vitalik Buterin Defends Bitcoin Maximalism

Ethereum co-founder Vitalik Buterin published a blog post titled “In Defense of Bitcoin Maximalism,” explaining why the pro-bitcoin community is critical to the overall crypto ecosystem. “The Hash” hosts dive into Buterin’s post and share their favorite takeaways.

Apr 1, 2022