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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Apr 11, 2023 at 1:54 a.m. UTC
Apr 11, 2023
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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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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Apr 10, 2023 at 7:37 p.m. UTC
Apr 10, 2023
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First Mover Americas: Ether Options Tilting Bearish
The latest price moves in crypto markets in context for April 10, 2023.
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Apr 10, 2023 at 12:15 p.m. UTC
Apr 10, 2023
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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.
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Apr 10, 2023 at 8:16 a.m. UTC
Apr 10, 2023
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First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the a...
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Apr 10, 2023 at 12:50 a.m. UTC
Apr 10, 2023
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Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, thoug...
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Apr 8, 2023 at 8:03 p.m. UTC
Apr 8, 2023
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Weekend Story | Sen. Warren’s ‘Anti-Crypto Army’ Is Just the Beginning of Crypto’s Politicization
On today’s show we’re taking a look at the coming politiczation of the crypto question, courtesy of CoinDesk Senior Research Analyst and columnist George Kaloudis.
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Apr 8, 2023 at 10:29 a.m. UTC
Apr 8, 2023
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OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
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Apr 7, 2023 at 4:05 p.m. UTC
Apr 7, 2023
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U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
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Apr 7, 2023 at 12:38 p.m. UTC
Apr 7, 2023
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First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk ha...
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Apr 7, 2023 at 1:24 a.m. UTC
Apr 7, 2023