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 Pullback Deepens; Minor Support at $38K-$40K

Sellers remain active at resistance levels, maintaining the short-term downtrend.

Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Opinyon

Warren Buffett and Charlie Munger Still Hate Crypto

The Berkshire boys have not invested in a crypto company, despite reports. But they can't avoid the industry forever.

(Aaron Friedman/Wikimedia Commons, modified by CoinDesk)

Opinyon

Bitcoin Is a Bad Way to Fund the Ottawa Protest, and That's a Good Thing

Funding an illegal protest isn’t right in any currency, even if the government’s use of the Emergency Measures Act should worry all Canadians.

(Naomi Mckinney/Unsplash)

Technology

Bitcoin’s Value Depends on Its Decentralization

Why the investment thesis for bitcoin is built on the network’s decentralization.

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Opinyon

Why Bitcoin Is a Tool for Social Justice

Bitcoin offers immigrant, Black, Indigenous, LGBTQ+ and other communities the promise of a more equitable financial system.

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Markets

Market Wrap: Cryptocurrencies Maintain Gains but Analysts Remain Cautious

Bitcoin traded roughly flat while some altcoins, such as AVAX and GRT, rose as much as 7% over the past 24 hours.

(Shutterstock)

Markets

Gold-Backed Tokens Grow Despite Mixed Reviews From Analysts

With high inflation and geopolitical turmoil in the headlines, these tokens appear to be benefiting from the current investment climate.

(Federal Reserve Bank of New York, modified by CoinDesk)

Opinyon

Bitcoin’s 'Energy Problem' Is Overblown

Yes, Bitcoin consumes a huge amount of electricity. But we must look at both its energy sources and its overall vision in order to fully understand the situation.

(Zdenek Machacek/Unsplash)

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