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 Asia: BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC

The country’s market regulator has said that stricter digital asset rules are coming to ensure that investors are protected.

Bangkok (Getty Images)

Finance

Philosophically, It Doesn’t Matter Whether Cryptos Are Securities; Practically, It Does

When a main U.S. regulatory body defers to Crypto Twitter for leads on securities law violations, you know these categories are subjective.

A Fouke Fur Company stock certificate for 100 shares. (Wikimedia, modified by CoinDesk)

Markets

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week

Digital assets have been rallying despite the Fed’s rate hike and the decline in GDP.

Following last week’s 10% gain, BTC finished the current week up 5%. (CoinDesk and Highcharts.com)

Videos

Bitcoin Heading for Biggest Monthly Gain Since October

Bitcoin is heading for its biggest monthly gain since October, increasing roughly 19% in July. CoinDesk Markets Managing Editor Brad Keoun breaks down the Chart of the Day and explains how bitcoin is reacting to recession concerns in the wake of fresh economic data.

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Videos

Will U.S. Recession Woes Impact Price of Bitcoin?

Bitcoin is flirting with $24,000 amid rising inflation and recession concerns. CoinDesk markets reporter Helene Braun joins “All About Bitcoin” to explain how politicians are defining a recession in this current economic environment. Plus, a closer look at how the Federal Reserve is impacting the crypto market.

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Videos

Bitcoin Outlook Ahead of July Jobs Report

CoinDesk markets managing editor Brad Keoun and markets reporter Helene Braun join "All About Bitcoin" to discuss how bitcoin may react to the upcoming July jobs report next Friday.

Recent Videos

Opinion

Where Traditional Public Financing Fails, Blockchain Steps in

Both private and government funding have weaknesses. Crypto networks offer a third way to coordinate big collective projects.

(Rachel Sun/CoinDesk)

Layer 2

‘My Bet Is on Bitcoin,’ Pro Soccer Player Says

Alex Crognale of the Birmingham Legion FC of the USL Championship league sees the digital asset as a way to store his wealth. This piece is part of CoinDesk's Sports Week.

Alex Crognale (Andy Mead/ISI Photos/Getty Images).

Layer 2

Why Athletes Are Taking Compensation in Bitcoin

From UFC to soccer, sportspeople continue to see the attraction of BTC, despite the faltering market. This piece is part of CoinDesk's Sports Week.

(Sage Young/CoinDesk)

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