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



Opinion

End of the Monopoly: How Bitcoin Will Usher in a New Era of Governance in Crypto

On the 14th anniversary of the date the Bitcoin white paper was published, Edan Yago reflects on the continuing revolution kickstarted by crypto.

(DALL-E/CoinDesk)

Markets

First Mover Americas: Ether's Breaking Out on Bullish Supply-Demand Picture

The latest price moves in crypto markets in context for Oct. 31, 2022.

The price of ether has risen 16% in the past week. (Getty Images)

Markets

Bitcoin Options Market Signals Bottom as Skews Climb to Zero

The market sentiment has returned to neutral after a long time, a volatility trader said, noting the recovery in both long-term and short-term options skews.

El sentimiento cambió de negativo a neutral en el mercado de opciones de bitcoin. (Asa E-K/Unsplash)

Markets

Ether Sees Biggest Weekly Gain in 3 Months, ETH-BTC Rally to Continue

Ether rallied 16% last week, registering its biggest weekly gain since July. The recent positive change in ether's tokenomics are helping the cryptocurrency outperform industry leader bitcoin.

Bitcoin and other assets rose on Tuesday. (Unsplash)

Markets

B2C2 Adds Electronic Crypto Options to Over-the-Counter Trading Platform

Clients of the liquidity provider can now trade over-the-counter options electronically in an expansion beyond the “voice via chat” options trading started a year ago.

The price of ether has risen 16% in the past week. (Getty Images)

Finance

Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart

While a repeat of the super-rally seen in the second half of 2021 might not be likely, that era did come to mind last week as bitcoin showed strength.

(DALL-E/CoinDesk)

Tech

Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol

The firm claims Slashtags will enable web portability and “passwordless” authentication.

Synonym's Bitkit wallet unveiled at Lugano's Plan B Forum (Stephen Alpher/CoinDesk)

Markets

Market Wrap: Bitcoin Heads for Best Week in 3 Months

The largest cryptocurrency’s push past $20K this week has turned the market more bullish. The outlook hinges on the Federal Reserve’s messaging next week – about its plans for December.

(Midjourney/CoinDesk)

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