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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Bitcoin jumped early Tuesday before falling into the red. (Shutterstock)
First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain
The largest crypto by market capitalization had spiked over $20,000 in morning trading.
Bitcoin jumped early Tuesday before falling into the red. (Shutterstock)

Bitcoin jumps early before going lower. (Jordan Heinrichs/Unsplash)
Market Wrap: Bitcoin Takes Investors on a Wild Ride
Prices shoot higher intraday on high volume, only to reverse course later in the day.
Bitcoin jumps early before going lower. (Jordan Heinrichs/Unsplash)

Bitcoin Rises and Falls 7% in 24 Hours
Bitcoin Rises and Falls 7% in 24 Hours
Bitcoin on a rocky rollercoaster ride Tuesday, rising and falling about 7% over the past 24 hours. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Rises and Falls 7% in 24 Hours

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” said Glen Goodman, a longtime trader, on CoinDesk TV’s “First Mover.” (CoinDesk TV)
‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” said Glen Goodman, a longtime trader, on CoinDesk TV’s “First Mover.” (CoinDesk TV)

What a Strong Dollar Means for Crypto Market
What a Strong Dollar Means for Crypto Market
Bitcoin (BTC) and other major cryptocurrencies are spiking higher Tuesday after the recent crash of fiat currencies worldwide against the U.S. dollar. eToro Crypto Consultant...
What a Strong Dollar Means for Crypto Market

Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Washington University in St. Louis and the University of Wyoming were among the investors in the Series B funding round.
Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)

(Midjourney/CoinDesk)
First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks
The latest price moves in crypto markets in context for Sept. 27, 2022.
(Midjourney/CoinDesk)

Terraform Labs co-founder Do Kwon (Terra)
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon
Interpol has issued a Red Notice for Kwon's provisional arrest pending extradition, as a worldwide search for the Terraform Labs co-founder continues.
Terraform Labs co-founder Do Kwon (Terra)

(Francesco Carta/Getty Images)
Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls
The top cryptocurrency by market value rose over 5% to $20,350, according to CoinDesk data. Ether, the second-largest cryptocurrency, rose 4% to $1,390.
(Francesco Carta/Getty Images)

Singapore's skyline (Shutterstock)
First Mover Asia: Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub
More than 7,000 people representing over 2,000 companies are scheduled to attend; Hong Kong plays catch-up. Bitcoin trades over $19,00 again.
Singapore's skyline (Shutterstock)