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: Bitcoin Traders Await Fed Decision

The latest price moves in crypto markets in context for June 14, 2023.

CD

Markets

Bitcoin Supply on Exchanges Slides to Three-Year Low

Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks.

Bitcoin supply slid to a three-year low. (Sergio Silva/Unsplash)

Markets

Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'

The options market shows a bias for puts tied to bitcoin ahead of the pivotal Fed meeting.

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Finance

Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor

Last week, the U.S. Security and Exchange Commission (SEC) filed lawsuits against Binance and Coinbase.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase

Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

(Ruslan Bardash/Unsplash)

Markets

Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision

The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.

Bitcoin weekly chart (CoinDesk)

Tech

Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024

The company expects to raise more capital to fund its mining business.

Rendered image of Blockstream’s new ASIC Bitcoin miner (Blockstream)

Markets

Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil

The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.

(Getty Images)

Markets

Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins

The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted.

Rendimiento superior de BTC y ETH. (K33 Research)

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