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

Videos

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF

In a letter to the U.S. Securities and Exchange Commission (SEC) Tuesday, crypto exchange Coinbase urged the agency to approve NYSE Arca’s application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF). CoinDesk’s Nikhilesh De discusses the potential outcomes and the likelihood of the first U.S. bitcoin spot ETF being approved.

Dec 17, 2021

Videos

GlobalBlock CEO: ‘$500K Bitcoin in 5 Years’

GlobalBlock CEO Rufus Round discusses his bullish outlook for bitcoin as he maintains the cryptocurrency could blast beyond $500,000 per coin in the next five years and $75,000 per coin before 2022.

Dec 17, 2021

Videos

Bitcoin Whales Buying the Dip During Market Correction

Since bitcoin’s all-time high of $69,000, Bitcoin Purpose ETF has added over 6,300 bitcoins in assets under management, representing an over 26% increase in coin holdings. New data reveals institutional interest is prevalent at these prices, and whales are buying up bitcoin supply during this correction.

Dec 17, 2021

Videos

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 the potential for merger activity to accelerate. CoinDesk Managing Editor of Technology Christie Harkin breaks down the findings, sharing insights into the top trends that will shape the bitcoin mining industry in 2022.

Dec 17, 2021

Videos

Bitcoin's Supply Getting Tighter?

Fred Pye, CEO of Canadian crypto fund manager 3IQ Digital Assets, discusses his outlook for bitcoin and the wider crypto markets amid central banks around the world beginning to taper pandemic-era stimulus. "We're definitely rangebound, but ... what we do know is the supply is getting tighter and tighter," Pye said. Plus, the state of bitcoin ETFs in Canada.

Dec 17, 2021

Podcasts