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



Videos

Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss

Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.

Recent Videos

Videos

Bitcoin’s Tide May Be Turning

A chart by pseudonymous crypto analyst "Game of Trades" shows bitcoin (BTC) has hit a two-year low on record trading volume, suggesting the price could reach a turning point. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

Recent Videos

Markets

Crypto Market Analysis: Bitcoin and Ether Approaching Oversold Levels

To see if that matters, it's helpful to look back at what the relative strength index, a technical indicator, has meant in the past.

(Shutterstock)

Markets

Investors Short Crypto Assets as Industry Scrutiny Intensifies

Short investment products accounted for 75% of total inflows into crypto assets last week, a report by digital asset investment and trading group CoinShares showed.

Short investment products accounted for 75% of all inflows last week. (CoinShares)

Videos

‘Grayscale Discount’ Widens as FTX Contagion Spreads

Shares of the Grayscale Bitcoin Trust (GBTC), the world’s largest publicly traded crypto fund, are trading at a record discount relative to the price of the underlying bitcoin (BTC). "The Hash" discuss the impact of FTX's fallout on the overall market. CoinDesk is an independent subsidiary of Digital Currency Group (DCG), which also owns Grayscale.

Recent Videos

Videos

More Than 50% Bitcoin Addresses Are in Loss

Most addresses holding bitcoin are now losing money, on-chain data shows. "It's just the short-term overhang that's pretty dangerous at this point ... everyone is focused on [FTX] contagion risks," says Nauman Sheikh, Wave Financial head of protocol and treasury management. But, he explains why he's optimistic in the long term.

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Videos

Major Cryptos Plunge Over the Weekend Amid FTX Collapse

Bitcoin (BTC) slipped 2% but held above its recent $16K support while other major cryptos dropped significantly. Wave Financial’s Head of Protocol and Treasury Management Nauman Sheikh discusses the impact of FTX’s collapse on the broader crypto markets. Plus, insights on Grayscale’s Bitcoin Trust (GBTC) shares trading at a discount of 45% below the net asset value. CoinDesk is an independent subsidiary of Digital Currency Group (DCG), which also owns Grayscale.

Recent Videos

Markets

Más del 50% de las direcciones de bitcoin están en pérdida

Los mercados bajistas anteriores terminaron con la mayoría de las direcciones sin dinero, según muestran datos de la cadena.

La mayoría de las direcciones que poseen bitcoin ahora están perdiendo dinero por su inversión en la principal criptomoneda. (IntoTheBlock)

Markets

First Mover Americas: FTX Faces Whopping Claims, Ackman's Hot for Helium

The latest price moves in crypto markets in context for Nov. 21, 2022.

Billionaire hedge fund manager Bill Ackman says he likes the Helium Network. (AJ Bell/YouTube)

Markets

More Than 50% of Bitcoin Addresses Are Now in Loss

Previous bear markets ended with the majority of addresses being out of the money, on-chain data shows.

La mayoría de las direcciones que poseen bitcoin ahora están perdiendo dinero por su inversión en la principal criptomoneda. (IntoTheBlock)

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