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

Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate

The data suggest the long-term growth outlook for the oldest cryptocurrency remains bullish, analysts said.

Zipmex is to release tokens to users' wallets in the next week after blocking customers from direct custody of their coins last month. (Jose Miguel/Pixabay)

Finance

It Was Cruel Summer for the Bitcoin Market

Will an uncharacteristically weak summer lead to even more pain for bitcoin’s price in September, a month when it typically drops?

(Marstourist/Pixabay)

Videos

Future of Nigeria’s Booming Crypto Scene

Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.

CoinDesk placeholder image

Videos

Nigerians Flock to Crypto as the Naira Weakens

Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.

Recent Videos

Videos

Exploring Crypto's Impact on the Black Community

"Community Crypto" host Isaiah Jackson is joined by Black Bitcoin Billionaires Co-founder Lamar Wilson, BTC Impact! Co-founder Kim Booker, and Top Prospect Inc. CEO Eddie Davis to discuss how bitcoin (BTC) and blockchain technology at large can help financially empower the Black community, citing the upcoming Blackout conference.

Recent Videos

Markets

Market Wrap: Bitcoin Trades Down After Initial Push Higher

The price settled below $20,000 as investors digested the August jobs report.

The price of BTC decreased Friday. (Stephen Leonardi/Unsplash)

Tech

Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher Says

Kyle McDonald told CoinDesk TV’s “First Mover" the Bitcoin network may be regulated away because of its energy consumption.

(CoinDesk)

Markets

As 10,000 Long-Dormant Bitcoins Finally Trade, Observers Wonder What's Up

Blockchain data shows 10,000 BTC, worth more than $200 million, were moved in two transactions in the last week.

(Todd Cravens/Unsplash)

Finance

BlackRock to Use Kraken Subsidiary for Crypto Offering

The asset manager will use CF Benchmarks' bitcoin index.

BlackRock headquarters (Shutterstock)

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