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

Market Wrap: Bitcoin Rise Loses Steam After Fed Comments

Tighter monetary policy has been a headwind for stocks and cryptos, but indicators remain bullish over the short term.

By Damanick Dantes, Angelique ChenApr 21, 2022

Podcasts

Six Key Crypto Data Points, and Why They Matter

By Tyrone RossApr 21, 2022

PlannerDAO, the DAO Built for and by Financial Advisers

Opinion

Calling Out the Sexism in Bitcoin, Crypto

Crypto is for everyone.

By Daniel KuhnApr 21, 2022

"Martha Scolding Her Vain Sister Mary Magdalene" (Elisabetta Sirani/Smithsonian American Art Museum, modified by CoinDesk)

Markets

Bitcoin Nearly Hits $43K, Trades at 10-Day High

The price action in bitcoin (BTC) hasn't been super dramatic, but lately the general direction has been higher.

By Angelique ChenApr 21, 2022

Bitcoin was up 1.1% in the past 24 hours. (CoinDesk)

Videos

Bitcoin Price Eyes 200-Day Simple Moving Average

The Strategic Funds Managing Director Marc Lopresti provides his analysis on bitcoin's next move after a three-day price rally. Lopresti also explains why his firm is bullish on altcoins like Avalanche and Solana. Plus, a conversation about the continued growth of institutional interest in crypto, noting a rumored partnership between FTX and Goldman Sachs.

Apr 21, 2022