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

Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.

James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)

Videos

Robinhood Crypto General Manager Focused on 'Removing the Barrier to the Crypto Space'

Robinhood recently added wallet support for bitcoin and dogecoin, increasing the breadth of its crypto wallet beyond the Ethereum ecosystem. Robinhood Crypto General Manager Johann Kerbrat shares insights into the trading platform's crypto journey and the latest trends in user activity.

Recent Videos

Markets

First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains

The latest price moves in crypto markets in context for Sept. 22, 2023.

(Messari)

Markets

Dogecoin Beats Bitcoin in Price Stability Amid Crypto Trading Lull

DOGE's new-found stability reflects lack of investor interest in trading alternative cryptocurrencies.

Shiba inu dog

Markets

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.

BTC price on Sept. 21 (CoinDesk)

Finance

Top 3 Crypto Myths Tackled for Advisors

Christopher Jensen from Franklin Templeton tackles myths about crypto in today’s Crypto for Advisors newsletter.

BNB Chain to undergo upgrade in June (Moritz Mentges/Unsplash)

Markets

Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says

While the Fed's tightening cycle seems to be in its final stages, the Bank of Japan is yet to move the needle on rates.

(Shutterstock)

Markets

First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies

The latest price moves in crypto markets in context for Sept. 21, 2023.

rocket lifting off

Finance

Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline by a Year

The prominent crypto exchange was hacked in 2014, which led to 850,000 bitcoin (BTC) – now worth almost $23 billion – being drained.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Pageof 836
Bitcoin | CoinDesk