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



Рынки

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

Bitcoin continues to trade in a narrow range below $60,000 on Dec. 3 (TradingView)

Видео

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Видео

Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.

CoinDesk placeholder image

Финансы

Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs

Ulbricht’s NFT project could be a sea change for credibly neutral charity efforts.

Ross Ulbricht/Free Ross

Видео

When Will Bitcoin Break Out of Rangebound?

Bitcoin is trading near $57,000 at press time, extending a three-day-long consolidation in the familiar range of $55,800 to $59,300. Mark Elenowitz, president of trading software firm Horizon Fintex, discusses the potential impact of Omicron, inflation worries, regulation, and other factors he’s continuing to watch to indicate a breakout could be near.

CoinDesk placeholder image

Видео

Messari CEO Ryan Selkis Reflects on the Year in Crypto

Crypto analytics firm Messari has released its Crypto Theses for 2022, a 150+ page report on key trends, people, companies, and projects to watch across the crypto landscape, with predictions for next year. Messari CEO Ryan Selkis shares insights into the past year in crypto amid mounting regulatory pressure in the space.

CoinDesk placeholder image

Рынки

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.

clouds

Финансы

Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not So Good for Buying a Cup of Coffee

The billionaire founder of the business software company MicroStrategy said in a CoinDesk TV interview that bitcoin is the best inflation hedge.

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention

Рынки

Market Wrap: Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism

Analysts are cautiously optimistic about a sustained price rise in bitcoin.

Checking the crystal ball for 2024 (Michael Dziedzic, Unsplash)

Финансы

Jack Dorsey Takes Square Deep Down the Bitcoin Rabbit Hole

The payments giant’s name change to Block caps off a transformational year.

CoinDesk placeholder image

Pageof 865