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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Chart of the Day: Indications Bitcoin is Due for a Big Move

According to technical analysis by CoinDesk’s Omkar Godbole, the “Bollinger Bandwidth” indicator suggests bitcoin’s price is due for a big move. “All About Bitcoin’s” host Christine Lee reviews this Chart of the Day.

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What's Going On With Bitcoin's Price?

Technical analysis suggests bitcoin's price might be due for a big move, but which way will it go? CoinCorner Co-Founder Danny Scott joins "All About Bitcoin" to discuss the cryptocurrency's short and long term outlook and the biggest things impacting bitcoin's price, including a new wave of institutional investment.

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Taproot Activation Debate Settled with a Blockchain ‘Coin Toss’

CoinDesk Tech Reporter Colin Harper explains how Taproot is finally coming online after a year of negotiations and why this matters to the wider bitcoin community. Plus, a discussion of how the global chip shortage is impacting bitcoin miners.

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The “Mural Building” in Chicago Is Up for Sale; Owner Will Accept Bitcoin

A building in Chicago, made popular once for depicting a mural of former NBA player Dennis Rodman, is up for sale, and the owner is accepting bitcoin as payment. Owner of the building Ted Wynn and bitcoin consultant Daniel Mross join “First Mover” to discuss the offer and the process.

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What Is Taproot and Why Is It Important?

Taproot is Bitcoin’s biggest upgrade in years which will enrich Bitcoin’s smart contracts, but what is it exactly and why is it important? “The Hash” panel breaks it down.

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Is Bitcoin Due for a Correction?

Crypto markets analyst Katie Stockton of Fairlead Strategies reviews the latest bitcoin data. Is BTC's weakened momentum an indication for price correction?

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Blockchain Association Says It Will Join Fidelity, Coinbase and Square in Efforts to Shape Crypto Regulation

Calling it an important milestone, Blockchain Association Executive Director Kristin Smith joins “First Mover” to discuss the news that Fidelity, Square and Coinbase are launching a bitcoin trade group. She also comments on legislative issues related to bitcoin the groups will address.

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Chart of the Day: Altcoins in Charge as Bitcoin Dominance Nears 2-Year Low

In today’s “Chart of the Day,” “All About Bitcoin” host Christine Lee breaks down data from TradingView that shows altcoins taking off as bitcoin’s dominance nears a two-year low.

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Bitcoin Dominance Nears 2-Year Low

Bitcoin and altcoins charts from CoinDesk Director of Data and Indexes Galen Moore.

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Sacramento Kings to Offer Bitcoin Salary Option to All Players and Staff

The Sacramento Kings is the first sporting franchise to offer bitcoin as a payment option to players and staff. Is this a catalytic moment for crypto and sports, or is this just another marketing stunt? “The Hash” panel weighs in.

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