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



Learn

What Is Bitcoin?

In 2008, a pseudonymous programmer named Satoshi Nakamoto published a 9-page document outlining a new decentralized, digital currency. They called it Bitcoin.

(Getty Images)

Finance

How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe

The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.

Nhimbe Fresh's new solar panels. (Sun Exchange)

Learn

What Happens When All Bitcoin Are Mined?

The last bitcoin is expected to be mined sometime around the year 2140.

(Getty Images)

Finance

Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis

According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.

Hacker (Getty/Seksan Mongkhonkhamsao)

Markets

First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading

Ether was roughly flat, while other major altcoins were mixed.

(Miguel Villagran/Getty Images)

Finance

Cathie Wood’s Ark Invest Predicts Bitcoin Could Exceed $1M by 2030

The noted investor previously said the cryptocurrency would reach $500,000 by 2026.

Cathie Wood, CEO of Ark Investment Management

Markets

Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical

Trading volume is increasing ahead of Wednesday's Federal Reserve press conference.

Bitcoin 24 hour price chart (CoinDesk)

Policy

IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status

The global financial institution said BTC's use as legal tender poses risks to the country's financial stability, integrity and consumer protection.

El Salvador flag (Getty Images)

Markets

Bitcoin Rises Above $37K; Resistance at $40K-$43K

A decisive break above $40K is needed to pause the downtrend from November.

Bitcoin's four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt

Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.

Bitcoin price chart with volume (Peter Brandt)

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