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



Tech

9/11 and the Need for Private Bitcoin

Bitcoin was born from the rise of the surveillance state. Let’s not let it become part of it.

(Jürgen Jester/Unsplash)

Markets

Bitcoin Dips Below $46K, Support Around $42K

Upside appears to be limited given signs of slowing momentum.

Bitcoin 24-hour chart (CoinDesk)

Videos

Why is Bitcoin Pulling Back?

Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.

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Videos

Anthony Scaramucci Maintains $100K BTC Prediction

Anthony "The Mooch" Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins "First Mover" live from the conference to discuss crypto's role in the event and what he hopes to achieve. ​He also shares insights into launching a new Algorand fund and "Flatter," a platform for NFT art, collectibles, and experiences. Plus, his take on institutional activity in crypto, his bullish outlook for bitcoin, and El Salvador's Bitcoin Law.

Recent Videos

Finance

Bitcoin Mining Power Consumption Exceeds 2020: Report

Miners are on track to use 91 TWh this year.

Crypto mining machines

Markets

Bitcoin Eyes US Inflation Report, Potential Dollar Liquidity Squeeze

Bitcoin’s mid-May crash happened after U.S. reported inflation at three-year highs.

Supermarket

Finance

On Having Fun Staying Poor

Those plebs on Twitter may have your best interest in mind.

(C-SPAN screenshot, modified by CoinDesk)

Markets

Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise

Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.

Bitcoin 24-hour chart (CoinDesk)

Videos

Week Ahead: What’s Next for El Salvador’s Bitcoin Law With Lightning Network Playing Big Role

CoinDesk’s Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun discusses what’s to come next week in the world of bitcoin as the price of BTC consolidates and El Salvador has officially rolled out its Bitcoin Law with the Lightning Network playing a critical role.

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Videos

What Caused This Week's Flash Crash?

The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.

Recent Videos

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