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 Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses

“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.

(Pezibear/Pixabay)

News Analysis

Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details

The idea for a U.S. government stockpile – pushed by U.S. Sen. Lummis and echoed by former President Donald Trump – has been praised by bitcoin investors, but details are scant.

Former President Donald Trump says he'll have the U.S. government stockpile bitcoin if he gets a second term. (Jon Cherry/Getty Images)

Markets

Bitcoin Pulls Back Sharply After Touching $70K

The price of bitcoin still appears poised to close out July with sizable gains after plunging below $54,000 earlier in the month.

Bitcoin price 7/29 (CoinDesk)

Markets

First Mover Americas: Bitcoin Rises to Nearly $70K After Trump's BTC 2024 Speech

The latest price moves in crypto markets in context for July 29, 2024.

BTC price, FMA July 29 2024 (CoinDesk)

Markets

The Clock Has Ticked on Bitcoin's Post Halving Surge, 100 Days After the Latest Quadrennial Halving

July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.

(Artem Oleshko/Shutterstock)

Markets

Bitcoin Nears $70K on Back of Trump's Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains

Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.

Markets rise (Mehmet Turgut Kirkgoz, Unsplash)

Tech

Bitcoin Nashville Conference in Pictures: Orange Athena, Pink Suits, Polymarket Swag, Trump's Song

Surreal doesn't begin to describe the combination of visuals collected from last week's festival-style gathering in homage to the oldest and largest cryptocurrency, punctuated by former U.S. President Donald Trump's pro-crypto speech to an adoring crowd.

Bitcoin Nashville attendees queued up early on Saturday to get into the conference venue, Music City Center, ahead of former President Donald Trump's speech (Bradley Keoun)

Markets

Bitcoin Prices See Wild Trading as Trump Plans to Establish BTC as U.S. Strategic Asset

Over $24 million in bitcoin longs were liquidated in the past hour, data shows, amid Trump's speech at Bitcoin 2024.

Donald Trump (Brandon Bell/Getty Images)

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