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

Ether Hedging Activity Picks Up as U.S. ETF Debut Nears

Investors' focus on ether is evident from ETH's sustained volatility premium over BTC.

A leveraged ether ETF will begin trading on June 4 (gopixa)

Tech

Crypto Casino Founder Apologizes for Gambling Away Investor Funds

Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

Zkasino has re-opened ether bridge to users. (Carl Raw/Unsplash)

Markets

First Mover Americas: Bitcoin Rises Above $62.5K Following Trump Shooting

The latest price moves in crypto markets in context for July 15, 2024.

BTC price, FMA July 15 2024 (CoinDesk)

Markets

First Mover Americas: BTC Retreats From $60K

The latest price moves in crypto markets in context for July 12, 2024.

BTC price, FMA July 12 2024 (CoinDesk)

Markets

The Bullish Fed Rate-Cut Play in Bitcoin Is Not as Straightforward as You Think

At first glance, a Fed interest-rate cut appears to be a bullish signal, but that's not necessarily true.

Calculating the effect of Fed rate cut is not straightforward. (geralt/Pixabay)

Markets

Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves

Thursday was another big day of transfers to exchanges linked to German authorities, blockchain data shows.

German bitcoin holdings (Arkham Intelligence)

Markets

Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.

Bitcoin price on July 11 (CoinDesk)

Tech

Protocol Village: Tezos-Focused Trilitech Building Prototype of 'Jstz' as JavaScript-Based L2

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.

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