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



Markets

Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs

ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.

(DALL-E, CoinDesk)

Videos

Bitcoin Has Already Risen 14% In 2023

Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

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Markets

Crypto Markets Analysis: Inflation Cools, but Hopes for Fed Pivot Might Be Too Hot

Declines in energy prices drive lower U.S. inflation, and crypto prices advance. But a closer look at the December Consumer Price Index report showing a 6.5% inflation rate suggests the Federal Reserve may have to stay hawkish for a while.

(Tom Barrett/Unsplash)

Markets

Bitcoin Pushes Above $19K for First Time Since FTX Collapse

Crypto-related stocks are making even larger gains as the rally in the sector continues.

Red arrows moving upon wooden blocks, Business concept Growth, Conceptual Business Finance Growth (Sakchai Vongsasiripat)

Videos

Bitcoin Above $18K Following US December Inflation Report

Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.

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Opinion

Remembering Hal Finney on the 14th Anniversary of the First Bitcoin Transaction

The legendary cypherpunk was the first to download and receive bitcoin – helping to prove the system worked.

(Hal Finney)

Finance

Bitcoin Dips With Stocks After US Report of 6.5% CPI Inflation

Annualized inflation slowed to 6.5% in December from 7.1% previously, in line with economist forecasts.

(Getty Images)

Markets

First Mover Americas: Crypto Markets Primed for Soft CPI

The latest price moves in crypto markets in context for Jan. 12, 2023.

(Midjourney/CoinDesk)

Markets

First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT-Powered ‘Script Kiddie’

Plus: Bitcoin broke $18K Thursday after pushing the threshold for the 10th time in 12 days the day before.

(Getty Images)

Markets

Crypto Markets Today: FTX Finds $5B, Bitcoin Extends Rally

ALSO: Bitcoin tops $17,500 for the first time in almost a month, while ether held strong above $1,300. Equities closed higher.

FTX Logo (Unsplash)

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