Logo

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



Відео

What's Behind Bitcoin's Dramatic Pullback to Lowest Level Since Oct. 13?

Bitcoin is bouncing back from its five-week lows Friday. Blockchain analytics platform CryptoQuant says the early drop was predominantly driven by traders taking short positions in the perpetual futures market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Відео

Bitcoin Looking to Bounce Back From Low of Sub-$56K

Bitcoin is recovering to above $58,000 at press time from the low of $55,666 reached during the early European trading hours, the lowest level since Oct. 13. "The Hash" team discusses whether this could signal a bear market or just a healthy price correction.

Recent Videos

Відео

Key Factors Impacting Bitcoin Market Movement This Week

“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.

Recent Videos

Відео

Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K

Bitcoin is looking to regain its footing, having reached five-week lows early Friday in a move market participants said was driven by derivatives. Haohan Xu, CEO of crypto trading firm Apifiny, discusses his views on bitcoin's trajectory and how low it could go. Plus, whether the benefits of Taproot could already be priced into BTC.

Recent Videos

Відео

Paxful CEO on El Salvador's Bitcoin Rollout

On the ground in El Salvador at the 2021 Latin American Bitcoin and Blockchain Conference, CoinDesk's Elaine Ramirez talks to Ray Youssef, CEO of Paxful, a peer-to-peer crypto marketplace that has made strides onboarding crypto adopters in emerging markets. Youssef discusses the latest on El Salvador's bitcoin rollout and the country's wider state of crypto affairs.

Recent Videos

Відео

Bitcoin Appears Exhausted, Risks Double Top

LMAX Digital says bitcoin has been looking tired in recent sessions after failing to extend the record run. There is now a risk for a double top on the daily chart, which, if triggered, could expose the possibility for a more profound drop towards a measured move downside extension target in the $48,000 range. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Відео

Bitcoin's Next Move After Tumbling to 3-Week Low Under $60K

Neobank Upgrade CEO Renaud Laplanche discusses bitcoin's retreat and possible price trajectory as the cryptocurrency tumbles to a three-week low under $60,000.

Recent Videos

Відео

What’s Driving Bitcoin Price Movement?

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks. Marc Lopresti, co-managing director at The Strategic Funds, discusses the new support and resistance levels to watch for bitcoin as indicators of a continued bull market.

CoinDesk placeholder image