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

Digihost Bucks Bearish Trend Among Bitcoin Miners, Remains Cash-Flow Positive

The company remains debt free despite soaring energy prices and a stagnant crypto market.

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Markets

Fed Preview: Crypto Market Sees Smaller Rate Hikes From December but Major Banks Warn 'Slower Doesn't Mean Lower'

The Fed could keep raising the borrowing cost for longer, according to major investment banks.

U.S. Federal Reserve Board Chairman Jerome Powell (Anna Moneymaker/Getty Images)

Markets

Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin's Gains

Elon Musk’s Twitter $44 billion deal drove speculation in the Shiba Inu-themed meme coin, which more than doubled in price during the month.

(Unsplash)

Markets

First Mover Asia: Hong Kong FinTech Chair Praises Crypto Friendly Policy Statement; Dogecoin Outshines Bitcoin, Ether

Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Markets

Market Wrap: Dogecoin’s October Finale Trumps All Other Major Cryptos

The popular meme coin was up more than 8% at one point as DOGE advocate Elon Musk asserted his control over Twitter.

Dogecoin continues to soar as Musk asserts himself at Twitter. (Midjourney/CoinDesk)

Videos

Jimmy Song: There Are a Lot of Enemies of Bitcoin

"For me, this day is a reminder that there are a lot of enemies of bitcoin," says OG bitcoiner Jimmy Song, also author of 'Thank God for Bitcoin.' He, along with Nolan Bauerle, joins "All About Bitcoin" to look back on the growth and development of Bitcoin as it celebrates the 14th anniversary of its white paper.

Recent Videos

Videos

Bitcoin White Paper Turns 14 Years Old

'Thank God for Bitcoin' author Jimmy Song and bitcoiner Nolan Bauerle discuss the trials and tribulations of the Bitcoin network as it celebrates the 14th anniversary of its white paper. Where does Bitcoin go from here?

CoinDesk placeholder image

Videos

Bitcoin Heads for First Positive Month Since July

It may not exactly be the "Uptober" that some crypto bulls were hoping for, but bitcoin (BTC) trended higher in October, its first positive month since July. Meanwhile, the bitcoin options market is signaling a potential bottom as market sentiment returns to neutral. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Markets

Dogecoin’s 102% Spike Steals the Spotlight as October Ends

Bitcoin's price has neared a key level months after the June 13 sell-off. Investors should still watch for movement of bitcoin to exchanges.

Shiba Inu dog (Getty Images)

Videos

Bitcoin White Paper First Released 14 Years Ago Today

The Bitcoin white paper was released 14 years ago today under an MIT public license for all to learn from, share and enjoy. "The Hash" panel discusses the importance to remembering the digital gold's humble beginning, the evolution of the crypto industry in the past 14 years and outlook for the industry.

Recent Videos

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