Bitcoin

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



Markets

First Mover Americas: Bitcoin Awaits PCE Inflation Report

The latest price moves in crypto markets in context for June 28, 2024.

BTC's price consolidation. (TradingView/CoinDesk)

Markets

Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows

The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.

A whale is seen apparently surfacing through a mobile-phone screen

Videos

$572 Million Lost to Hacks and Fraud in Q2 -Immunefi

Immunefi says more than $900 million was lost to hacks and fraud this year. In Q2 alone, $572 million was stolen. This represents a 112% increase compared to Q2 last year. Watch Jennifer Sanasie present the "Chart of the Day."

Recent Videos

Finance

Julian Assange Received $500K Bitcoin Donation From Anonymous Bitcoin Whale

The Wikileaks founders' family quickly set up a site to allow bitcoin donations after a previous crowdfunding page accepted only credit cards and bank transfers.

(Alisdare Hickson/Wikimedia)

Markets

First Mover Americas: BTC’s Recovery Stalls as Dollar Rallies

The latest price moves in crypto markets in context for June 27, 2024.

BTC's price chart. (CoinDesk)

Markets

PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate

If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change.

Former U.S. President Donald Trump (left) and current U.S. President Joe Biden during a debate in the 2020 election. (Mario Tama/Getty Images)

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