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



Фінанси

Bitcoin: dificultad de minería alcanza su máximo histórico y ejerce mayor presión sobre mineros

El indicador de dificultad aumentó 13,55% desde el último ajuste, efectuado hace aproximadamente dos semanas, lo que supone el mayor movimiento desde mayo de 2021.

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Ринки

First Mover Americas: Bitcoin Stable Around $19K as Inflation, Earnings Haunt Traditional Markets

The latest price moves in crypto markets in context for Oct. 7, 2022.

(Michael M. Santiago/Getty Images)

Ринки

First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue

The problems both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade sideways.

Two Layer 1 protocols had a difficult week. (Ivana Cajina/Unsplash)

Політика

Bitcoin Advocate Ziya Sadr Arrested by Iranian Security Forces

A friend of Sadr told CoinDesk the Iranian blockchain educator was arrested in Tehran on Sept. 19 and has not been released.

CoinDesk placeholder image

Фінанси

Bitcoin Mining Is Cool Again; We Can Thank Africa, Prudence and Growing Hashrate for That

It has been a tough year for crypto mining industry, but the industry is primed for a rebound soon.

Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

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Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data

Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause.

Bitcoin fell as markets digest an increased likelihood of a 75 basis point interest rate hike. (Charl Folscher/Unsplash)

Відео

Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year

Last week, the 30-day correlation between gold and bitcoin (BTC) reached over 0.3, its highest in over a year, even as cryptocurrencies decoupled from equities, according to Kaiko. The 30-day correlation between gold and bitcoin has ranged between positive and negative 0.2 since late last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Відео

Argo Blockchain Raises $27M to Ease Liquidity Pressures; US Jobs Report Impact on Bitcoin

London-based bitcoin (BTC) miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor. Plus, the U.S. added 263,000 jobs in September, slightly more than expected but still reflecting a weakening labor market.

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Ринки

Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes

Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover” to discuss the state of crypto, the economy and their respective crypto-focused separate managed accounts.

Frank Downing, director of research at Ark Invest (left) and Steven McClurg, co-founder of asset management firm Valkyrie (ARK Invest/Valkyrie).

Відео

September US Jobs Growth Slightly More Than Expected; Bitcoin Slips From $20K

U.S. employers added 263,000 jobs in September, according to the Labor Department's late jobs report. That's slightly more than expected but still reflects a weakening labor market. Bitcoin (BTC) fell about 2% on the news. "The Hash" hosts discuss the latest job numbers and the revelations about the state of the economy.

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