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

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.

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Finance

Tesla Reports Bitcoin Holdings Unchanged in Q4

The electric car maker did not buy or sell any of the bitcoin held on its balance sheet, nor did it record any impairments.

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Markets

Market Wrap: Bitcoin Rally Fades After Fed Signals Upcoming Rate Hike

Bitcoin was roughly flat over the past 24 hours amid choppy trading conditions.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin Oversold Bounce Faces Resistance at $40K-$43K

Long-term momentum remains very weak and BTC is at a critical point.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Policy

Vladimir Putin Offers Hope for Crypto in Face of Central Bank Call for Ban

Crypto's risk must be offset against the country's "competitive advantages" when it comes to mining, Russia's leader said.

Vladimir Putin (Evgenii Sribnyi/Shutterstock)

Learn

What Is Bitcoin? A Beginner’s Guide to Bitcoin Mining, Halving, and Real-World Uses

In 2008, a pseudonymous programmer named Satoshi Nakamoto published a 9-page document outlining a new decentralized, digital currency. They called it Bitcoin.

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Finance

How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe

The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.

Nhimbe Fresh's new solar panels. (Sun Exchange)

Learn

What Happens When All Bitcoin Are Mined?

The last bitcoin is expected to be mined sometime around the year 2140.

(Getty Images)

Finance

Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis

According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.

Hacker (Getty/Seksan Mongkhonkhamsao)

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