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



Vidéos

Grayscale Bitcoin Trust Trails Spot BTC by 94%

New data reveals investment vehicle Grayscale Bitcoin Trust (GBTC), which allows investors to buy bitcoin without purchasing the cryptocurrency directly, ​has been trailing the spot price of bitcoin by roughly 94% over the last year. What does that mean for the bitcoin markets?

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Vidéos

Is Bitcoin ‘Its Own Asset Class’?

Genesis Institutional Lending Associate Eugene Chang discusses institutional investment activity in digital assets, sharing insights into bitcoin’s response to macro factors like inflation and the omicron variant. Plus, his take on DeFi lending rates and what lies ahead for cryptocurrency investing in 2022.

Recent Videos

Marchés

Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public

Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.

The peak of the bitcoin market in April 2021 perfectly coincided with the elevated hype surrounding the Coinbase direct stock listing. (William Henry Jackson/Art Institute of Chicago, modified by CoinDesk)

Vidéos

Victory Capital Exec. on Web 3 Decentralization: ‘It’s Not All or Nothing’

Mannik Dhillon, president of Victory Capital, shares his take on Square CEO Jack Dorsey’s statements about venture capital’s control over Web 3 initiatives and the reality of bitcoin maximalism. Plus, Dhillon’s analysis on the current BTC market and price predictions for 2022. 

Recent Videos

Finance

Bitcoin Mining Profitability Starts Falling After Stellar Year: Research

The end of 2021′s crypto mining gold rush may have just started.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Marchés

CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks

The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.

CME trading floor (Joseph Sohm/Shutterstock)

Finance

El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century

In announcing the purchase on Twitter, President Nayib Bukele also noted the country’s land area is 21,000 square kilometers.

El Salvador (Esaú González, Unsplash)

Marchés

First Mover Asia: Asia Bump Sends Bitcoin Over $49K

Selling pressure from Asia appears to be abating, the Hong Kong crypto lender Babel wrote.

(Jared Schwitzke/Unsplash)

Marchés

Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin

Dogecoin pumped along with bitcoin thanks to some high profile tweets.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

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