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

Bitcoin Falls Below $40K for First Time in 2 Weeks

Bitcoin's notorious volatility has upended what had been shaping up as a strong month for returns.

By Brian EvansFeb 18, 2022

Bitcoin continues to trend downward as tensions between Russia and Europe escalate. (TradingView)

First Mover Americas: Bitcoin Nears $40K, Gaming Flips DeFi

The latest moves in crypto markets in context for Feb. 18, 2022.

By Omkar Godbole, Parikshit MishraFeb 18, 2022

First Mover banner

Smarter Smart Contracts With Artificial Intelligence

By Dan Ilett, Anna Baydakova, Danny Nelson, Benjamin Schiller, Danny BradburyFeb 18, 2022

Opinionated

Bitcoin Wilts as Russia-Ukraine Tensions Push Gold to 8-Month High

Bitcoin is acting more like high growth tech assets, one observer said.

By Omkar GodboleFeb 18, 2022

Bitcoin's price (CoinDesk)

The ETH Rundown for Advisers

By Tyrone RossFeb 18, 2022

PlannerDAO, the DAO Built for and by Financial Advisers

First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions

Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.

By James Rubin, Damanick DantesFeb 17, 2022

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Bitcoin Suffers Biggest Drop in Four Weeks, Nearing $40K

The 6.6% drop for the largest cryptocurrency was bitcoin’s steepest since Jan. 21.

By Brian EvansFeb 17, 2022

Bitcoin suffered its worst day since Jan. 21 (CoinDesk price page)

Market Wrap: Cryptocurrencies Decline as Traders Position for Volatility

BTC declined by 7% over the past 24 hours, versus an 8% dip in ETH.

By Damanick Dantes, Angelique ChenFeb 17, 2022

(CoinDesk archives)

Does El Salvador's Bitcoin Adoption Threaten the US Dollar?

By Nathaniel WhittemoreFeb 17, 2022

Does El Salvador's Bitcoin Adoption Threaten the US Dollar?

Are Heavy Russian Sanctions a Potential Bull Case Scenario for Bitcoin?

Analyst Don Kaufman says crypto is a way for Russia to navigate global penalties

By Brian EvansFeb 17, 2022

Don Kaufman joined "First Mover" Thursday morning (CoinDesk screenshot)

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