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 Sell-Off Defers $100K Price Dreams

At the current price, BTC would have to nearly triple to hit $100,000.

Dreams of a $100,000 bitcoin price predicted by many analysts in recent years are looking unattainable for now. (Creative Commons)

Layer 2

How Popular Are Crypto Mixers? Here’s What the Data Tells Us

Volume data suggests crypto coin mixing is not as prevalent as one might think. This article is part of CoinDesk's Privacy Week.

Illustration: Yunha Lee

Markets

Bitcoin-Ether Ratio Hits 3-Month High; Friday's Close Pivotal

The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.

Bitcoin-ether ratio hits three-month high amid Fed rate-hike expectations. (Fairlead Strategies)

Markets

Bitcoin Recovers to $36K Amid Mixed Response From Traders; Polkadot Leads Altcoin Gains

Crypto markets staged a brief recovery ahead of Wednesday’s Federal Reserve meeting.

Major cryptocurrencies rose as much as 12% in the past 24 hours. (CoinGecko)

Finance

MicroStrategy Will Continue Bitcoin Buying Unfazed by Market Plummeting: Report

The business intelligence company's strategy is to "buy and hold," CFO Phong Le said.

Phong Le, president and CFO of MicroStrategy

Finance

Grayscale Adds 25 Digital Assets to Its 'Under Consideration' List, Including DeFi, Metaverse Projects

The updated list of cryptocurrencies includes Axie Infinity, Yield Guild Games and Algorand.

Grayscale Investments CEO Michael Sonnenshein

Markets

First Mover Asia: Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting

Bitcoin's spike coincided with gains in U.S. equity markets, but the correlation between the two remains unclear.

Bull And Bear Market Trend Bronze Castings

Markets

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform

Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .

Bitcoin's 24-hour price chart (CoinDesk)

Videos

GSR Markets President: ‘Crypto Still in a Bull Market’

Bitcoin, ether and the broader crypto market faced another wave of selling Monday. Is crypto firmly in bear territory? GSR Markets Co-founder and President Rich Rosenblum discusses his reading of the digital asset space, explaining why “we’re still in a bull market for crypto.” Plus, tips for managing volatility and new investment opportunities to watch.

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