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

Bitcoin Pullback Could Stabilize Around $60K Support

Upside momentum is slowing, although pullbacks remain limited.

Bitcoin's four-hour price chart. Lower chart shows a neutral reading on the RSI indicator. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Analysts See Bitcoin as Still in ‘Bullish Phase,’ Despite Pullbacks

But it remains to be seen whether investors will continue to accumulate BTC in hopes of long-term gains.

(Jared Schwitzke/Unsplash)

Tech

What Taproot Could Mean for Bitcoin Investors

Taproot is an overwhelmingly positive upgrade to the Bitcoin protocol, but it is not itself enough for investors to get excited.

(jayk7/Moment/Getty Images)

Videos

Bitcoin’s Bull Flag Breakout Suggests More Upside

Bitcoin's price bounced to $66,000 Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Is Bitcoin's Taproot Upgrade Already Priced In?

Jason Deane, a Bitcoin analyst at Quantum Economics, discusses his views on the impact of Taproot on bitcoin's price as the technical upgrade went into effect Sunday. "There are a lot of people forecasting 6 figures," Deane said. "I think it's possible."

Recent Videos

Videos

What to Know About Taproot, Bitcoin's Long-Anticipated Upgrade That Just Activated

The Bitcoin Taproot upgrade, which aims to improve privacy and efficiency on the blockchain network, went live Sunday. "The Hash" team discusses the significance of Bitcoin's most significant network upgrade in four years and what it means for the bitcoin community.

Recent Videos

Markets

Steady Interest in Bitcoin Keeps Money Flowing Into Crypto Funds

Investment products focused on the largest cryptocurrency gained $98 million, up from $95 million the week before.

Weekly Crypto Asset Flows (US$m) (CoinShares)

Tech

Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated

Taproot gives developers an expanded toolbox to work with as they continue to ideate, iterate and build on Bitcoin.

Taproot is now activated. (koyu/iStock/Getty Images Plus)

Videos

Titan Investment: 'Bitcoin's $60K-$100K Run Will Be Moved by Retail'

Following the activation of Bitcoin's long-awaited Taproot upgrade, Gritt Trakulhoon, an analyst at Titan, discusses his bitcoin analysis and outlook. "Right now, you can see that the run from $30K to $60K for bitcoin was .. moved by institutions," Trakulhoon said. "I believe $60K to $100K will be moved by retail."

Recent Videos

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