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

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

Ether price chart (CoinDesk, TradingView)

Videos

Bitcoin White Paper Turns 13

Bitcoin celebrates the 13th anniversary of the release of the white paper Sunday. CoinDesk's Christie Harkin and Brad Keoun discuss the significance of the milestone, the mainstream adoption of bitcoin, and what the crypto sphere can expect from the king of digital currency next.

Recent Videos

Videos

Bitcoin’s Next Move Ahead of Options Expiry

A full $3.1 billion worth of BTC options are set to mature Friday, which could be a source of volatility. Currently, the top volume contracts have been around the $60,000 strike price, with calls outweighing puts. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Videos

The Rise of Shib Coin and the State of the Crypto Markets

“All About Bitcoin’s” Week in Review panel weighs in on the major crypto news of the week: bitcoin’s price dip Thursday, the rise of Shiba Inu coin (SHIB), and the booming bitcoin ETF market after the SEC approved various U.S. bitcoin ETFs.

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Videos

Bitcoin Celebrates 13th White Paper Anniversary

Halloween 2021 marks the 13th anniversary of the release of the white paper for bitcoin, the first fully decentralized, peer-to-peer electronic cash system by anonymous creator(s) Satoshi Nakomoto. "The Hash" panel discusses bitcoin's milestone, also reflecting on its history.

Recent Videos

Finance

MicroStrategy CEO Michael Saylor’s 17,732 BTC Holdings Now Worth $1.1B

The vocal bitcoin proponent has made a gain of more than 500% on his holdings over the past year.

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention

Markets

Bitcoin Holds Support Above $60K, Pushes Back Toward All-Time High

Upside momentum is improving with seasonal strength in the fourth quarter.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Decentraland’s MANA Jumps 80% as Facebook Rebrand Fuels Metaverse Bets

Facebook’s commitment to building out the metaverse is a signal there is value to be unlocked, an analyst says.

Metaverse gaming world

Markets

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Bitcoin Back Over $60K as El Salvador Buys 420 BTC

After a swoon in recent days, the largest cryptocurrency bounced back after the Central American country bought the dip.

El Salvador bought the dip. (Unsplash, modified by CoinDesk)

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