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



Finance

MicroStrategy Added 2,500 Bitcoins for $45M in Last 2 Months

The software company also sold a small amount of the cryptocurrency for the first time.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Markets

First Mover Americas: Sunset for Kraken in Japan

The latest price moves in crypto markets in context for Dec. 28, 2022.

Japanese flag (Shutterstock)

Markets

First Mover Asia: Bitcoin Drifts Lower as Crypto Winter Continues

ALSO: CoinDesk Columnist David Z. Morris played soothsayer about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX.

Bitcoin drifted lower in Tuesday trading. (Pierre-Yves Babelon/Getty Images)

Videos

How Long Will Bitcoin's Sideways Trading Last?

Bitcoin (BTC) is trading flat below $17,000, after falling roughly 64% this year. Prosper Trading Academy's Cryptocurrency Educator Howard Greenberg discusses the reasons behind the token's recent stagnant price and his crypto markets outlook for 2023.

Recent Videos

Videos

Rise of Bitcoin Education In Ghana

The Built With Bitcoin Foundation (BWB), a nonprofit organization seeking to provide “humanitarian support, powered by Bitcoin,” has built a technology center in Kumasi, Ghana. Built With Bitcoin Foundation co-founder and Director of Philanthropy Yusuf Nessary joins the conversation. Plus, how residents in Ghana are dealing with bitcoin's recent price volatility.

Recent Videos

Opinion

The Psychological Differences Between Bitcoin and Ethereum Governance

An attempt to bridge the gap between good-faith advocates of both networks and show how the two largest crypto networks’ development processes matter for long-term success.

Taken from the Sky Lift at the WI State Fair, August 2017 Shadows of people walking extended on the street. (Unsplash)

Markets

First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K

ALSO: CoinDesk columnist David Z. Morris considers one of the few upsides to the debacles that have deeply wounded the crypto industry in 2022.

Bitcoin held steady at about $16,900 during the Christmas holiday weekend. (Markus Spiske/Rawpixel)

Finance

5 Crypto Things That Riled Me Up in 2022

In case you were living in a Wi-Fi-less cave, there was plenty of unsavory stuff to pick from!

An angry mob holding torches in a still from the film, 'Frankenstein,' directed by James Whale, 1931.

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