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: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Bitcoin rose 4% over the past 24 hours, compared with a 6% rally in DOGE.

Chart pointing upwards.(Frank Busch/Unsplash)

Markets

Bitcoin Retakes $44K Amid Broad Crypto Rally

Ether climbed above $3,100 for the first time in more than a month.

Red arrows moving up on wooden blocks

Videos

BlackRock to Offer Crypto Services

In a recent letter to shareholders, BlackRock CEO Larry Fink disclosed that the asset manager is exploring digital currency services for clients as the war in Ukraine pushes some countries to reassess fiat currency dependencies. “The Hash” hosts discuss the increasing institutionalization of bitcoin.

Recent Videos

Markets

Bitcoin Strengthens Above $43K; Resistance at $46K-$51K

Momentum signals are on the verge of turning positive for the first time since August 2021.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Dogecoin Leaps to 1-Month High as ATM Operator Adds the Coin to Its Network

The cryptocurrency can now be traded at ATMs run by Bitcoin of America.

shiba-inu-4158782_1920

Opinion

Why the Bitcoin Mining Debate Is So Dysfunctional

Specialization is necessary, but bitcoiners and miners need to learn to listen to each other, says Will Foxley, director of content at Compass Mining.

(Fran Velasquez/CoinDesk)

Markets

Russian Lawmaker Suggests Nation Could Accept Bitcoin for Oil Payments

Under pressure from Western sanctions, Russia is mulling other currency options for natural resource sales.

Russia's Duma in Moscow (Getty images)

Videos

Bitcoin Breaks $43K Despite Powell's Call for New Regulations on Crypto

Marc Lopresti, The Strategic Funds' managing director, discusses the recent upswing in the crypto markets amid Fed Chair Jerome Powell’s statements on a digital dollar and Terra Luna’s purchase of $125 million worth of bitcoin. Plus, a conversation about investor interest in various altcoins like Solana, AVAX, and ether, and traditional finance’s ongoing effort to enter the DeFi space.

Recent Videos

Finance

CME Bitcoin Futures Premium Hits Highest Level Since Early January

The latest moves in crypto markets in context for March 24, 2022.

CME Group's headquarters in Chicago (Bloomberg/Getty images)

Markets

What Does It Mean to Truly Adopt Bitcoin?

Bitcoin’s real adoption level is much lower than many people think – and that means its potential upside is much higher.

(Choong Deng Xiang/Unsplash)

Pageof 865