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

Education and Innovation in DeFi and Web 3

By Tyrone RossFeb 9, 2022

On Purpose, With Tyrone Ross

BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge

The cryptocurrency’s volatility remains elevated relative to stock indices.

By Will CannyFeb 9, 2022

Bitcoin is seen more as a risk asset than an inflation hedge. (Sean Benesh/Unsplash)

Bitcoin Miners Offloaded Holdings as Prices Dropped to $33K

The selling likely contributed to the crypto's decline in price in January.

By Shaurya MalwaFeb 9, 2022

Bitcoin miners started offloading positions in the past 30 days. (Glassnode)

First Mover Asia: Crypto Prices Finish Largely in the Red

Bitcoin fell early on but had recovered by the end of the U.S. trading day; ether drops slightly.

By Muyao Shen, Damanick DantesFeb 8, 2022

Most major cryptocurrencies were in the red. (Paolo Bruno/Getty Images)

Why KPMG's Bitcoin Buy May Be a Bigger Deal Long Term Than Tesla's

By Nathaniel WhittemoreFeb 8, 2022

Why KPMG's Bitcoin Buy May Be a Bigger Deal Long Term Than Tesla's

Market Wrap: Cryptocurrencies Pull Back in Light Trading

"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.

By Damanick Dantes, Angelique ChenFeb 8, 2022

(Shutterstock)

Bitcoin Stalls Near Resistance; Lower Support at $40K

Overbought signals on intraday charts preceded the current pullback.

By Damanick DantesFeb 8, 2022

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

Bitcoin alcanzará los $200.000 en la segunda mitad de 2022, según FSInsight

La firma especializada en activos digitales también proyecto que ether podría alcanzar los $12.000.

By Will CannyFeb 8, 2022

crown, king (shutterstock)

Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level

The meme coin rose sharply, even as major cryptocurrencies showed small gains and some losses.

By Shaurya MalwaFeb 8, 2022

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

What Can You Buy With Bitcoin?

At some point you’re going to want to spend your bitcoin. But where can you go to exchange it for goods and services?

By Eli TanFeb 8, 2022

Shopping online concept (Shutterstock)

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