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

First Mover Americas: Bitcoin Up 3% After Wild Ride on 'Fed Rate Day'

The latest price moves in crypto markets in context for Sept. 22, 2022.

Bitcoin (BTC) was trading at around $19,100 Thursday morning (Unsplash)

Markets

Bitcoin Steady as BOE Hikes Rates by 50 Basis Points, 'Reverse Currency Wars' Gain Steam

The race among central banks to lift rates and support their currencies to keep inflation in check suggests the path of least resistance for risky assets is to the downside.

El Banco de Inglaterra sube las tasas en 50 puntos base. (PeterRoe/Pixabay)

Markets

First Mover Asia: Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?

Some Merge observers see long-term environmental benefits and price increases, although others are concerned about centralization and regulatory scrutiny.

(Shutterstock)

Markets

Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike

Expect the price of bitcoin and other riskier assets to bob and weave on the waves of macroeconomic uncertainty.

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Markets

El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks

The bond repurchase is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt.

El lanzamiento de los bonos bitcoin de El Salvador continúa demorado. (Esaú González, Unsplash)

Videos

Bitcoin Bounces Back After Fed’s 75-Basis-Point Rate Hike

Bitcoin (BTC) slipped below $19,000 briefly, but then reversed losses following the Federal Reserve’s announcement of a third consecutive rate hike of 75 basis points. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Tech

Bitcoin Lightning-Enabled ‘Listen-to-Earn’ Podcast App Gets an Upgrade

The app’s new model offers a simpler, more intuitive and more transparent way for listeners to earn BTC.

(Simone Ranzuglia/EyeEm/Getty Images)

Finance

Hodlonaut’s Tweets a ‘Reckless Campaign’ Against Craig Wright, Lawyers Say, as Satoshi Trial Reaches Conclusion

Accusing the self-proclaimed Bitcoin founder of being a mentally ill scammer shouldn’t be allowed in a democracy, Wright’s lawyers said on the final day of an Oslo trial.

(Pixabay)

Videos

US Judge Ordered Tether to Produce Financial Records Showing Backing of USDT

A New York judge ordered Tether to produce financial records on the backing of USDT as part of a lawsuit that alleges Tether conspired to issue USDT to inflate the price of bitcoin (BTC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Videos

Bitcoin Outlook Ahead of Fed Rate Hike Decision

Bitcoin (BTC) and risk assets have been under pressure ahead of Wednesday's pivotal Federal Reserve meeting. Ben Emons, managing director of global macro strategy at Medley Global Advisors, discusses his market outlook and the possibility of a 100 basis-point rate hike.

Recent Videos

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