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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(Midjourney/CoinDesk)
Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%.
(Midjourney/CoinDesk)

Bitcoin Appears Due for Price Swing
Bitcoin Appears Due for Price Swing
Bitcoin (BTC) appears due for a price swing in either direction according to the Bollinger bandwidth, which is used to gauge periods of high and low volatility. The technical...
Bitcoin Appears Due for Price Swing

The latest inflation data, excluding volatile food and energy prices, is due Thursday. (Kinga Krzeminska/Getty Images)
US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range
The world’s largest cryptocurrency has been trading in a range between $18,000-$22,400 since the start of September.
The latest inflation data, excluding volatile food and energy prices, is due Thursday. (Kinga Krzeminska/Getty Images)

Price data chart shows bitcoin clings to $19,100 on Wednesday. (CoinDesk)
Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data
BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.
Price data chart shows bitcoin clings to $19,100 on Wednesday. (CoinDesk)

(Fabio/Unsplash)
Bitcoin and Beyond: The Future of Cryptocurrency Investing
Experts weigh in on the future of crypto as currency ahead of CoinDesk's I.D.E.A.S. conference.
(Fabio/Unsplash)

(Midjourney/CoinDesk)
First Mover Americas: Bitcoin Due for Big Move, Solana's TVL Tanks After Mango Exploit
The latest price moves in crypto markets in context for Oct. 12, 2022.
(Midjourney/CoinDesk)

Bitcoin traders will soon get the one thing they love the most: market volatility. (Erad/Pixabay)
Bitcoin Technical Indicator Signals Big Moves With Some Traders Getting Ready to 'Sell Volatility'
Options look pricier, one expert said, adding now is the time to sell volatility.
Bitcoin traders will soon get the one thing they love the most: market volatility. (Erad/Pixabay)

Bitcoin's price has been in the doldrums. (Pixabay)
First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat
Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.
Bitcoin's price has been in the doldrums. (Pixabay)

Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)
Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes
The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.
Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)

The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)
South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents of Mossel Bay on bitcoin, finance and other subjects.
The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)