- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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
Ether Tops $3.5K After Record Daily Coin Burn; Bitcoin’s Rangeplay Continues
Ethereum destroyed 12,000 coins on Tuesday, the most in a single day since the EIP 1559 activation.
Market Wrap: Bitcoin Slips Below $48K as Focus Shifts to Regulation
Bitcoin is in pullback mode as China and the SEC have traders’ attention.
Bitcoin Rangebound, Holding Support Above $46K
Bitcoin registered a series of lower price highs over the past few days as buyers continue to take profits. The cryptocurrency is stuck in a tight range between $46,000 support and $50,000 resistance, and is roughly flat over the past week. CoinDesk's Michael Casey breaks down the Chart of the Day.
Arca CIO: Bitcoin ‘Either Worth $0 or $1M Per Token’
Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.
Key Upsides to El Salvador’s Bitcoin Law
Edan Yago, a contributor to decentralized bitcoin trading and lending platform Sovryn, discusses his take on the potential positive impact of El Salvador rolling out bitcoin as legal tender despite growing skepticism and local protests just a week ahead of the move taking effect.
El Salvador Approves $150M Bitcoin Trust Amid Anti-Bitcoin Protests
In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.
El Salvador to Create $150M Bitcoin Trust to Facilitate Exchange to US Dollars
The trust will instantly convert bitcoin to dollars, allowing local merchants to offset their exposure to bitcoin.
Bitcoin Rangebound, Holding Support Above $46K
The cryptocurrency is roughly flat over the last week.
‘Rare Pepe’ Steeped in Bitcoin History Fetches $500K on NFT Market OpenSea
Frog-themed digital collectible cards from the mid-2010s are getting retooled for fast sales in the white-hot NFT market.
Is Bitcoin Too Big to Fall?
Quantum Economics analyst Jason Deane discusses his outlook for the Bitcoin network, explaining why he believes there's "too much value" and "too much at stake" for it to fall. "It's very, very difficult to stop something that has a full network effect," Deane said. Plus, insights into the global growth of BTC users, the impact of China's mining crackdowns on the hashrate, institutional interest in crypto.