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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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)
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Jack Dorsey (Adam Levine/CoinDesk)

Bitcoin Falls Over 30% From All-Time High in November
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Bitcoin Falls Over 30% From All-Time High in November

Is Bitcoin as Valuable as the Swiss Franc?
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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?

BTC Dips as Central Banks Unwind Pandemic-Era Stimulus
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Chicago Board of Trade traders, 1949 (Stanley Kubrick via Wikimedia Commons)
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Chicago Board of Trade traders, 1949 (Stanley Kubrick via Wikimedia Commons)

BTC, ETH Down Amid Rising Omicron Fears
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BTC, ETH Down Amid Rising Omicron Fears

Digital asset investment products saw outflows totalling $142 million (CoinShares)
Digital Asset Funds Hit by Record $142M of Outflows
Investors pulled money out of funds focused on bitcoin and the currencies of Ethereum, Solana and Polkadot, as crypto markets retreated.
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(BTC Keychain/Flickr/CC BY 2.0, modified by CoinDesk)
The Hashrate Migration and Bitcoin’s Resilience, With Compass CEO Whit Gibbs
Why the China ban will end up being a great thing for bitcoin.
(BTC Keychain/Flickr/CC BY 2.0, modified by CoinDesk)

Bitcoin has carved out most of its year-to-date gains during the American hours (Fredrick Collins)
Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin has carved out most of its year-to-date gains during the American hours.
Bitcoin has carved out most of its year-to-date gains during the American hours (Fredrick Collins)