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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A bitcoin mining farm. (Marko Ahtisaari/Flickr)
Bitcoin Mining Profitability Starts Falling After Stellar Year: Research
The end of 2021′s crypto mining gold rush may have just started.
A bitcoin mining farm. (Marko Ahtisaari/Flickr)

CME trading floor (Joseph Sohm/Shutterstock)
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.
CME trading floor (Joseph Sohm/Shutterstock)

El Salvador (Esaú González, Unsplash)
El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century
In announcing the purchase on Twitter, President Nayib Bukele also noted the country’s land area is 21,000 square kilometers.
El Salvador (Esaú González, Unsplash)

Bull (Jared Schwitzke, Unsplash)
First Mover Asia: Asia Bump Sends Bitcoin Over $49K
Selling pressure from Asia appears to be abating, the Hong Kong crypto lender Babel wrote.
Bull (Jared Schwitzke, Unsplash)

Tyrone Ross
A Crypto Future Is Coming for Investment Advisers
What will you do when a client walks in with a portfolio that looks nothing like one today?
Tyrone Ross

Image posted on Feb. 4, 2021, on Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)
Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin
Dogecoin pumped along with bitcoin thanks to some high profile tweets.
Image posted on Feb. 4, 2021, on Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

(Bored Ape Yacht Club, modified by CoinDesk)
NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market
Peak popularity does not imply an increase in actual buying pressure from retail investors.
(Bored Ape Yacht Club, modified by CoinDesk)

Jack Dorsey (Adam Levine/CoinDesk)
Jack Dorsey Backs Bitcoin as Dollar’s Replacement but Questions Web 3
The Twitter and Block co-founder is a supporter of crypto, but not so keen on how Web 3 is being funded.
Jack Dorsey (Adam Levine/CoinDesk)

Bitcoin Falls Over 30% From All-Time High in November
Bitcoin Falls Over 30% From All-Time High in November
Mauricio Di Bartolomeo, Ledn Co-Founder & Chief Strategy Officer, shares insights into his firm’s bitcoin-backed loan project and how it can be useful to those looking to buy...
Bitcoin Falls Over 30% From All-Time High in November

Is Bitcoin as Valuable as the Swiss Franc?
Is Bitcoin as Valuable as the Swiss Franc?
Luzius Meisser, president of crypto exchange Bitcoin Suisse, speaks on the state of inflation in Europe while comparing the market cap of bitcoin to that of the Swiss franc an...
Is Bitcoin as Valuable as the Swiss Franc?