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



Videos

Crypto Market Cap Tops $3T, Could Bitcoin's Dominance Rise Back to 70%?

Bitcoin's total market dominance has dropped to nearly 40% as altcoins rally. Could it return to exceeding 70% in the way it did earlier this year? Thomas Chippas, CEO of Chicago-based crypto exchange ErisX, discusses his crypto markets analysis and bullish price predictions for BTC.

Recent Videos

Videos

Bitcoin Illiquid Supply at All-Time High

Bitcoin's illiquid supply is at an all-time high, with BTC holders hoarding over 14.5 million bitcoins. On-chain data shows bullish signs for bitcoin in the medium term. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Videos

Craig Wright Takes Stand in Bitcoin Trial With 1.1 Million BTC at Stake

Monday marks the fifth day of the civil trial between Craig Wright, a computer scientist best known for claiming to be the pseudonymous creator of Bitcoin, and the estate of Dave Kleiman, Wright's former collaborator and business partner. 1.1 million BTC is at stake, which could be worth over $67 billion. "The Hash" team discusses the latest in bitcoin's trial of the century.

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Finance

BlockFi, Neuberger Berman File for Spot Bitcoin ETF

The BlockFi NB Bitcoin ETF would provide direct exposure to bitcoin, if approved.

BlockFi (Shutterstock)

Videos

FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High

As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.

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Markets

Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide

The cryptocurrency may face some selling pressure around $70,000, one trader said.

El bitcoin supera los $66.000 y busca un récord (Coinbase)

Markets

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.

Source: Skew, Bitstamp, Coinbase, FTX, Gemini, ItBit, Kraken, LMAX Digital.

Videos

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.

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Policy

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.

"Justice" (Metropolitan Museum of Art)

Markets

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 daily price chart (CoinDesk, TradingView)

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