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

Finance

Okcoin, Stacks Launch $165M Pledge to Support Bitcoin-Related Projects

The Bitcoin Odyssey is a year-long pledge taken by VC firms to deploy money into solutions that accelerate the adoption of bitcoin.

By Brandy BetzMar 10, 2022

Finance

First Mover Americas: Bitcoin Awaits Triangle Breakout, Focus on Dollar

The latest moves in crypto markets in context for March 10, 2022.

By Omkar Godbole, Parikshit MishraMar 10, 2022

Markets

Bitcoin Reverses Wednesday's Gain Ahead of ECB Rate Decision, US Inflation

Markets have scaled back bets of ECB tightening in the wake of the Russia-Ukraine war.

By Omkar GodboleMar 10, 2022

Bitcoin drops to $39,000, reversing Wednesday's spike. (CoinDesk, Highcharts.com)

Markets

First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order

India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development.

By Amitoj Singh, Damanick Dantes, James RubinMar 9, 2022

Nirmala Sitharaman, India's finance minister (Narayan/Bloomberg via Getty Images)

Markets

Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked

The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.

By Brian EvansMar 9, 2022

Inflation will be in focus this week. (Jeffrey Coolidge/Getty Images)

Videos

Where Is Bitcoin Price Headed After Biden’s Crypto Executive Order Announcement?

Damanick Dantes, CoinDesk markets reporter, joins “All About Bitcoin” to share his bitcoin price analysis following President Joe Biden’s executive order on cryptocurrency oversight. Dantes discusses the waning of BTC’s bearish sentiment and macro factors that can influence price volatility and highlighting the key support and resistance levels to watch.

Mar 9, 2022