- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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
First Mover Americas: Bitcoin Returns to $61K, Outperforms Broader Crypto Market
The latest price moves in crypto markets in context for Aug. 20, 2024.
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession
The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Distribution of open interest shows bullish sentiment, according to Wintermute.
Bitcoin Staking Platform Babylon to Start Phased Mainnet Launch This Week
Babylon's attempts to introduce BTC staking is one of many developments in recent months that are aiming to introduce greater utility to Bitcoin
First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red
The latest price moves in crypto markets in context for Aug. 19, 2024.
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.
TON Leads Crypto Majors as BTC, ETH Remain Flat
GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia.
Trump's Election Odds Are Not The Dominant Driver of Bitcoin's Price, Data Show
Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.
