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

First Mover Americas: BTC’s Recovery Stalls as Dollar Rallies

The latest price moves in crypto markets in context for June 27, 2024.

BTC's price chart. (CoinDesk)

Markets

PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate

If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change.

Former U.S. President Donald Trump (left) and current U.S. President Joe Biden during a debate in the 2020 election. (Mario Tama/Getty Images)

Markets

Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase

About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Tech

Protocol Village: Algorand Foundation Positions New 'LiquidAuth' as Decentralized WalletConnect

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.

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

Markets

First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity

The latest price moves in crypto markets in context for June 26, 2024.

BTC's price chart. (CoinDesk)

Markets

Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday

Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.

(Shutterstock)

Markets

First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally

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

Monthly performance of BTC and Nasdaq. (TradingView/CoinDesk)

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