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



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Voyager Digital CEO on $900M Token Swap and Merger

Voyager Digital CEO Stephen Ehrlich discusses what's next for his crypto brokerage company following the $900 million token swap between its original VGX token and LGO, a token originating from a French digital asset exchange that his firm acquired last year. Plus, insights into why he expects an uptrend in bitcoin's price in September and throughout the rest of the year, institutional investments, and regulatory concerns.

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The Difference September Makes for Bitcoin

If history is any indication, September may not be the best month for bitcoin, but other months look great. How do the months compare one to another over the years? The pattern may surprise you. Michael Casey breaks down the Chart of the Day.

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Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks

Bitcoin crossed the $50,000 mark for the first time since Aug. 23. The advance comes just a day after ether jumped above $3,800 to reach the highest level since mid-May, ending the day with an 11% gain, the biggest single-day rise since July 21. Stephen Stonberg, CEO of crypto exchange Bittrex Global, discusses his take on what's driving the crypto markets higher and what assets he's continuing to watch. Plus, insights into institutional traders.

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Bitcoin Holds Support, Testing $50K Resistance

Short-term overbought signals could trigger a brief pullback.

Bitcoin four-hour chart shows short-term support and resistance levels with RSI. Bitcoin four-hour chart (CoinDesk, TradingView)

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Market Wrap: Ether Breaks Out as Bitcoin Lags

Ether may be poised for a move to $4,000.

Ether 24-hour chart (CoinDesk)

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All CoinDesk Top 20 Assets Produce Positive Returns in August

A new chart reveals all CoinDesk Top 20 assets, the top 20 digital assets based on verifiable dollar volume and exchange listings, had positive returns in August. "All About Bitcoin" host Michael Casey breaks down the Chart of the Day.

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Why Are Altcoins Outperforming Bitcoin?

CoinDesk’s Galen Moore discusses his crypto markets analysis and outlook in response to a chart illustrating altcoins outperforming bitcoin in August. “When you see a chart like this with Cardano and XRP in the top three, that is certainly an indicator of retail froth,” Moore said. Plus, his take on growing institutional interest in crypto.

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Bitcoin Could Become Payment Option for Twitter’s Tip Jar Feature

A new report revealed that Twitter could soon enable users to tip content creators using bitcoin following the latest update to its “Tip Jar” feature in its beta code, indicating that users will be given bitcoin tutorials.

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