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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Is Bitcoin’s Rally Over?

Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower support around $40,000, but is the rally over?

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BTC Dominance Declining Since 2019

A sneak peak at one of the charts in CoinDesk’s Q3 crypto markets analysis report reveals bitcoin’s dominance, the measure of BTC market capitalization, compared to the market cap of all digital assets has consistently waned year over year since 2019. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Will Bitcoin's Bull Run Continue Next Week?

Bitcoin is up 9.13% on the day as institutions outside the U.S. have reportedly turned more bullish, but will the rally continue? CoinDesk's Christie Harkin discusses what to expect next week, as the SEC has also delayed its decision to approve four bitcoin ETF applications.

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Crypto Community Continues Reacting to China’s Sweeping Crypto Ban

With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.

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Bitcoin in Afghanistan

As Afghanistan plunges into financial turmoil following last month’s Taliban takeover, the appeal of cryptocurrency is rising. According to an August Chainalysis report, the country ranked 20th in the world for crypto adoption.

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Are Terrorist Groups Using Cryptocurrency in Afghanistan?

What role will crypto play in Afghanistan’s future? Alex Zerden, founder of Capitol Peak Strategies and former Treasury Dept. attache to the U.S. embassy in Kabul, takes us inside Afghanistan’s financial underground as the government takeover by the Taliban raises questions about the potential use of crypto by terrorists.

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What's Behind Bitcoin's Rally?

Bitcoin returned above $47,000 for the first time in two weeks, indicating strong demand from short-term buyers, but why is upside momentum improving? Ben Cruikshank, Head of Flourish, a subsidiary of MassMutual, discusses his reading of bitcoin's price action. Plus, insights into MassMutual launching crypto investing platform "Flourish Crypto."

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Why Is Bitcoin Bouncing?

Bitcoin has gained 6.26% to trade near $44,000 one day after exhibiting bearish price action, but why is it bouncing? Senior Trader and President of Wave Financial, Justin Chuh, discusses his crypto markets analysis and outlook.

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Bitcoin Price High Coincides With Funds Buying BTC

Bitcoin bounced today thanks to renewed speculation the U.S. could soon approve exchange-traded funds (ETFs) on bitcoin futures. The consensus in the crypto market is that an ETF would become the most important source of demand from yield-hungry institutional and traditional market investors. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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