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

Bitcoin Hits One-Year High, Soars Past $31.3K

The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.

Bitcoin daily chart (CoinDesk)

Policy

Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares says its 2x leveraged bitcoin futures exchange-traded fund will be based on CME Bitcoin Futures prices.

(Unsplash)

Markets

First Mover Americas: Bitcoin Might Take a Breather

The latest price moves in crypto markets in context for June 23, 2023.

The TBD announcement was made at the Bitcoin 2023 conference in Miami. (Frederick Munawa)

Markets

Matrixport's Bitcoin Greed & Fear Index Surpasses 90%, Suggests Bull Breather Ahead

Historically, an above 90% reading on the index has coincided with interim market tops.

(Getty)

Markets

First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF.

Bitcoin weekly chart. (CoinDesk Indices)

Markets

Stablecoin Movement May Hint Strongly at Asset Prices' Path Forward

A recent increase in stablecoin flows to exchanges may signal an increase in bullish sentiment

Coinwire-Japan (Unsplash)

Markets

Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”

Bitcoin daily chart. (CoinDesk Indices)

Markets

Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months

The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.

Relación ether-bitcoin. (TradingView)

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