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: Altcoins Outperform as Geopolitical Concerns Fade

ETH rose 8% over the past 24 hours, compared with a 4% rise in BTC.

By Damanick Dantes, Angelique ChenFeb 15, 2022

Opinion

Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest

Bitcoin cannot be intercepted, making it a powerful charitable tool. But human organizations are still central points of failure.

By Daniel KuhnFeb 15, 2022

(Maksim Sokolov [Maxergon]/Creative Commons, modified by CoinDesk)

Markets

Bitcoin Rose About 3% Tuesday on Russia/Ukraine Optimism

It’s the largest gain in a week for the most popular of cryptos.

By Brian EvansFeb 15, 2022

Bitcoin had its best day since Feb.7, jumping about 3% (TradingView)

Markets

Bitcoin Rally Stalls; Support at $40K, Resistance at $46K

BTC's price jump occurred on low volume, indicating weak buying strength.

By Damanick DantesFeb 15, 2022

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

Videos

Federal Judge Releases 'Razzlekhan,' Orders Other Bitfinex Hack Laundering Suspect to Remain in Jail

A federal judge has ordered Heather Morgan, one half of the couple accused of laundering 119,754 bitcoins (worth over $5 billion in today’s prices) of a 2016 Bitfinex hack, to remain in federal custody until trial. CoinDesk's Nikhilesh De discusses the latest development in the ongoing Bitfinex saga. Plus, what to expect from the upcoming Senate Banking Committee hearing on stablecoins.

Feb 15, 2022