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

Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead

BTC was up 2% over the past 24 hours, while CAKE rallied 20% and ApeCoin dropped 80%.

Altcoins take the lead, but risks remain. (Shutterstock)

Markets

Bitcoin se mantiene por encima de $40.000 después de la subida de la Fed

Las conversaciones por un cese del fuego en Ucrania podrían revertir una tendencia bajista, dijo un analista.

Goldman Sachs' U.S. Financial Conditions Index (Cheap Convexity, Bloomberg)

Markets

Bitcoin Holds Above $40K as Market Adjusts to Higher Rates From Federal Reserve

At the current level, the crypto has gained about 3% for the week.

Federal Reserve Bank (Fandrade/Getty images)

Markets

Bitcoin Testing Resistance Near $40K; Support at $35K-$37K

BTC's price range could persist, although there is less chance of another major sell-off.

Bitcoin four-hour price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

Crypto Miner Hut 8 Reports Surprise Q4 Loss

The company's revenue was in line with expectations, but Ebitda missed estimates.

Hut 8 plant

Markets

Bitcoin Holds Above $40K After Fed Hike, Avalanche’s AVAX Leads Gains Among Crypto Majors

Cease-fire talks could reverse a bearish trend, one analyst said.

Goldman Sachs' U.S. Financial Conditions Index (Cheap Convexity, Bloomberg)

Finance

Bitcoin-Focused VC Stillmark Hires Former Google X Engineer Vikash Singh

Singh joins the fund as principal investor as the firm looks to deploy capital to Bitcoin-related companies.

Vikash Singh (Stillmark)

Markets

First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings

India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.

Parliament House in New Delhi, India (Unsplash)

Videos

Factors Behind Bitcoin's 5% Spike Today

CoinDesk Market Analyst Damanick Dantes presents his BTC price analysis and outlook following the cryptocurrency's brief spike toward $42,000. Plus, breaking down the data on bitcoin's seven-day implied volatility versus realized volatility, and bitcoin's 90-day correlation to ether and overall crypto markets.

Recent Videos

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