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: Analysts Expect Further Upside After Bitcoin Hits All-Time High

The “theme of $100K BTC” has returned, one analyst says.

KULR adds more bitcoin to treasury (Shutterstock)

Finance

Tesla Takes $51M Impairment Charge for Bitcoin Holdings in Third Quarter

The electric car maker reported no new sales or purchases of bitcoin in the third quarter.

Elon Musk Says SpaceX Holds Bitcoin at B Word Conference

Videos

A Look at Bitcoin ETFs in Canada

Canada launched ETFs linked to bitcoin futures and the spot price of bitcoin earlier this year. What can it inform the U.S. about its foray into bitcoin-linked ETFs? CoinDesk’s Galen Moore discusses the state of bitcoin ETFs in Canada, the implications for the demand for bitcoin long-term, and the potential impact on price movement.

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Videos

Bitcoin Blasts Through $66K as Inflation Expectations Increase

Galaxy Digital has published a report on metrics showing the data behind the meteoric rise of bitcoin and the wider crypto markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Markets

Why Bitcoin Is Worth at Least a Penny

As the cryptocurrency hits another all-time high, investors unfamiliar with the asset class may wonder why it has value at all. Here’s a brief explanation.

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Videos

Bitcoin Hits New All-Time High Above $66K

Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a new all-time high above $66,000, marking a full recovery from a months-long slump and extending the year’s gains to nearly 130%. “The Hash” panel discusses the events that could have brought BTC to this historic moment and their personal bitcoin journey.

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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

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