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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
What Bitcoin and Ether’s Options Tell Us About Their Maturity
Higher options volume relative to spot is a sign of a developed market and can help with price discovery.
Craig Wright to Take Stand Monday in Trial
CoinDesk's Christie Harkin discusses what to expect next week as the crypto industry anticipates Craig Wright, best known for his widely disputed claim to be Satoshi Nakamoto, to testify in a Miami court Monday. Plus, CoinDesk's Damanick Dantes discusses his crypto markets outlook following Square's bitcoin revenue and gross profit falling in the third quarter.
In Craig Wright Trial, Plaintiffs Lay Out Pattern of Fraud, Deceit and Hubris
The self-proclaimed “Satoshi” will have much to address when he takes the stand on Thursday.
Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K
Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.
Bitcoin Dominance Weakens as Altcoins Rally
Solana’s SOL and ether both hit record highs during the week, while bitcoin was little changed.
Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week
Analysts expect a bullish November for cryptocurrencies.
What's Behind Bitcoin's Declining Dominance in the Crypto Markets?
"All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted bitcoin's price action and the wider crypto markets. New data on bitcoin's declining dominance over all other cryptocurrencies is signaling a bias toward altcoin exposure. The latest bitcoin hash rate and reactions to building bitcoin mines using renewable energy in the indigenous land are also discussed.
Bitcoin Dominance Weakens as Altcoins Rally
Bitcoin, the world's largest cryptocurrency by market value, was little changed between $60,000 and $63,000 Friday before the release of the U.S. jobs report. The price also changed slightly over the week, while altcoins and gaming tokens have seen significant gains. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin
The pro-crypto Adams is seeking to one-up Miami Mayor Francis Suarez, who recently said he’ll be taking his next paycheck in the cryptocurrency.
NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin
Incoming New York City Mayor Eric Adams said Thursday he would take his first three paychecks in bitcoin when he takes office in January. This comes as Miami Mayor Francis Suarez announced he would take his next paycheck in BTC. "The Hash" team weighs in on the possible impact of the move for New York's crypto landscape.