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Welcome to CoinDesk. We aim to give you the best information and insight on digital currency and the technologies that develop around it.
By CoinDesk
Updated Mar 6, 2023, 3:14 p.m. Published May 1, 2013, 12:15 p.m.
Welcome to CoinDesk. We aim to give you the best information and insight on digital currency and the technologies that develop around it.
These are exciting times. Every day there are developments in price, investment, technology, crime and regulation. There are plenty of sceptics and a few optimists pushing new concepts and innovation.
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We created CoinDesk to fill a knowledge gap and answer questions people have around digital currency. That includes the 72-year old pensioner wondering how Bitcoin works, to the CFO of a Nasdaq company, or the prime minister of Cyprus wondering what OpenCoin is. CoinDesk is also a source for journalists covering this space or for folks running small e-commerce businesses wondering how to take payment.
Enthusiasts compare digital currency with the internet in the mid-1990s. People built and sold companies in record times. There were new web browsers, sites and internet service providers almost every day.
Others believe it to be a bubble that will soon burst. Economists say it is deflationary and unreliable. Sceptics dislike the uncertainties and unstable price.
What we do know for sure is that it’s going to be an interesting space to watch. So thanks for visiting. We hope you enjoy reading.
The @CoinDesk Team.
First Steps:
• What is bitcoin?
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- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Traders mull the bottom as bitcoin returns to week's lows below $86,000
One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.
What to know:
- Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
- Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
- One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.
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