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: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry

A total of 129,800 option contracts worth more than $6 billion are set to expire on Friday; ether’s price plummets.

brown bear (Fabe collage, Unsplash)

Markets

Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got Boring

In mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.

Artist's rendition of a Bored Ape NFT. (Adam Levine/CoinDesk)

Markets

Tenedores a largo plazo de bitcoin mantienen posiciones pese a una fuerte caída desde noviembre

El descenso de $20.000 desde el máximo del mes pasado no ha disuadido a los poseedores de la mayor criptomoneda.

Poseedores de bitcoin a largo plazo se mantienen firmes pese a que el precio ha retrocedido este mes. (Pixabay, modificado por CoinDesk)

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5 Ways Bitcoin’s Lightning Network Advanced in 2021

This past year, key developments on the Lightning protocol have been making Bitcoin a better payment system.

(delpixart/iStock/Getty Images Plus)

Markets

Bitcoin Long-Term Holders Stay Strong Despite $20K Drop From Last Month’s High

Falling prices have done little to deter holders of the world’s largest cryptocurrency.

Poseedores de bitcoin a largo plazo se mantienen firmes pese a que el precio ha retrocedido este mes. (Pixabay, modificado por CoinDesk)

Markets

Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K

Markets saw a pullback on Tuesday after a relatively flat weekend.

Rejection. (Shutterstock)

Markets

Crypto Futures See $300M in Losses After Spot Market Drops

Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.

faucet, drip

Markets

First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering Off

The sovereign supply of bitcoin – total coins held outside of exchange reserves – hit an all-time high, blockchain data firm Glassnode reported; ether falls slightly.

(Getty Images)

Markets

Market Wrap Year-End Review: When Institutions Cashed Out of Bitcoin

One big investment firm pocketed big profits by selling bitcoin near the market top in April before the price tumbled.

Bitcoin price events (Ruffer Investments)

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