Bitcoin

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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


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First-Quarter Performance Recap: CoinDesk Market Index Up 58%, BTC Gains Amid Banking Crisis
Bitcoin posts its best quarterly performance in two years, and the CMI's Computing and Currency sectors see the most growth.
CoinDesk Indices

Bitcoin has passed the psychologically important $30,000 threshold. (Getty Images)
First Mover Americas: Bitcoin Soars Past $30K
The latest price moves in crypto markets in context for April 11, 2023.
Bitcoin has passed the psychologically important $30,000 threshold. (Getty Images)

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Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum's Shanghai Upgrade
Bitcoin's dominance rate, its share of the crypto market, has risen to its highest level in almost two years, while ether's stagnates.
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Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in short positions against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
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China’s Douyin App Takes Down Bitcoin Price Ticker Hours After It Went Live
Bitcoin prices showing up on Douyin seemed to be an indication that Beijing maybe warming up to crypto. However, the ticker being taken down immediately afterwards suggests ot...
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Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80% in value.
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Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022
Bitcoin miners are posting the largest percentage stock gains on Monday.
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Lots of option traders are bearish on ether. (Mark Miller/Pixabay)
First Mover Americas: Ether Options Tilting Bearish
The latest price moves in crypto markets in context for April 10, 2023.
Lots of option traders are bearish on ether. (Mark Miller/Pixabay)

(Pixabay)
Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.
(Pixabay)