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

Solana Leads Gains as Cryptos Recover on Fed Decision

Measures to curb financial stimulus buoyed traditional and crypto markets after days of volatility and stagnation.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

First Mover Asia: Fed Decision on Stimulus Money Buoys Crypto Markets

Bitcoin leaps over $49,000, while ether and other altcoins also rise.

A supersonic Concorde jetliner takes off from the runway of an unidentified airport.

Markets

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.

Charts showing a pre-Fed de-risking in bitcoin and dollar's rally on Dec. 15 (TradingView)

Markets

Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading

Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Videos

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

Bitcoin appears to have digested the U.S. Federal Reserve's impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later Wednesday. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks

Crypto manager Valkyrie has launched a new exchange-traded fund (ETF). Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, ​invests in companies with big bitcoin bags, but steers clear of bitcoin futures, sticking only to equities that invest in the coin. Valkyrie CEO Leah Wald shares insights into the ETF and hopes for a bitcoin spot ETF in the U.S.

Recent Videos

Finance

8 Trends That Will Shape Bitcoin Mining in 2022

CoinDesk’s first ever year-end survey of crypto miners reveals a competitive but mature business with potential for merger activity to accelerate.

What's in store for crypto mining in 2022? (Grafissimo/iStock/Getty Images Plus, modified by CoinDesk)

Markets

Bitcoin Rises Toward $50K; Resistance Seen Around $52K

Momentum is also stabilizing after several weeks of low trading volume.

Bitcoin four-hour price chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Videos

Crypto Traders Laying Low While Fed Ponders

The crypto market extended its losses Wednesday as investors closely monitor the Fed's upcoming decision on raising interest rates next year. Edan Yago, lead contributor at bitcoin-focused DeFi platform Sovryn, discusses his view of bitcoin and DeFi. "The big picture of bitcoin hasn't changed," Yago said. "Inflation is still necessary to continue ... [but] there's been something of a pullback as the market waits to see what's happening."

Recent Videos

Finance

CardCoins Offers Bitcoin Payments Over the Lightning Network

CardCoins’ new Lightning integration will allow customers to receive bitcoin payments quickly and cheaply.

(Irina Tiumentseva/iStock/Getty Images Plus0

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