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



Policy

U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

The presidential candidate said most of his wealth is in the digital asset.

Robert F. Kennedy Junior (Screenshot from 2024 campaign website)

Markets

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

The latest price moves in crypto markets in context for July 25, 2024.

BTC price, FMA July 25 2024 (CoinDesk)

Markets

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.

China renminbi bills (Moerschy/Pixabay)

Markets

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Renewed expansion in stablecoins is bullish for the broader crypto market.

Market cap of the stablecoin sector of the crypto market. (DefiLlama)

Markets

Bitcoin Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated

BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.

16:9 Liquid staking (ataribravo99/Pixabay)

Markets

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

Bitcoin price on July 24 (CoinDesk)

Tech

Protocol Village: Hemi Labs Announces 'Hemi' as Modular L2 Focused on Interoperability Between Bitcoin, Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

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

Markets

First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists

The latest price moves in crypto markets in context for July 24, 2024.

BTC price, FMA July 24 2024 (CoinDesk)

Markets

Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility

Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.

outflows (Unsplash)

Finance

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.

16:9 Wallet (Prasanta Sahoo/PIxabay)

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