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



Finance

Markets Shine, Scaling Projects Thrive, Regulators Flex: CoinDesk’s Q3 Review

CoinDesk Research presents its latest quarterly report, which outlines growing market interest from institutions, retail investors and regulators.

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Markets

What to Expect From CoinDesk’s Bitcoin for Advisors Conference

As more investors get interested in crypto, financial advisors need the tools to understand bitcoin and digital assets – and how they’re changing.

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Markets

4 Factors Helping Bitcoin to Decouple From Falling Stock Market

Start-of-the-month price rallies are driven primarily by untrackable fund flows, one fund manager said.

Bitcoin decouples from the falling S&P 500 index (TradingView)

Markets

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval

Analysts expect that approval to fuel a fourth-quarter crypto rally.

Bitcoin 24-hour chart (CoinDesk)

Markets

Crypto Funds Draw $90M in New Money as Confidence Returns

Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.

Weekly Crypto Asset Flows (CoinShares)

Videos

BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’

As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

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Videos

Crypto Funds Draw $90M in New Money as Confidence Returns

Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

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Videos

Is Bitcoin’s Rally Over?

Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower support around $40,000, but is the rally over?

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