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

Bitcoin ETFs Aren’t New. Here’s How They’ve Fared Outside the US

A look at how other ETFs around the world have performed and what investors are actually looking for in a bitcoin investment vehicle.

Global business

Videos

Bitcoin Inches Toward All-Time-High, Mining Difficulty on the Up

Bitcoin inches towards all-time-high following Proshares spectacular opening. Australian bitcoin trader continues crusade against debanking. Bitcoin mining difficulty rises for seventh consecutive time. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Videos

Galaxy Digital Research Report: 10 Things That Show Crypto Is Booming

Galaxy Digital Research has released a report on the top 10 things and 15 charts that show crypto is booming. Galaxy's Head of Firmwide Research Alex Thorn shares insights into the main takeaways. Plus, his outlook on bitcoin's price, the U.S. bitcoin futures and spot ETF landscape, the memecoin phenomenon, BTC market share dominance, and regulation.

Recent Videos

Markets

Bitcoin Hits All-Time High Above $66K on Strength of ProShares ETF Debut

The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund.

El precio de bitcoin superó los $66.000 por primera vez en sus 12 años de historia. ¿Qué camino seguirá desde ahora? (Unsplash, modificado por CoinDesk)

Markets

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)

Markets

Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live

A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.

Dollar value of bitcoin's options open interest (bybt)

Markets

ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut

According to ProShares, the fund’s sponsor, the new ETF’s assets shot to $570 million from $20 million on its first day of trading.

The New York Stock Exchange on Tuesday as the ProShares Bitcoin Strategy ETF (ticker $BITO) started trading. (Cheyenne Ligon/CoinDesk)

Markets

Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher

Bitcoin hits a six-month high as the first bitcoin futures ETF to list in the U.S. completes its initial day on the market.

BITO 24-hour price chart (CoinDesk, TradingView)

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