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 Fluctuates Around $71K, Consolidating This Week's Rally

The latest price moves in crypto markets in context for June 6, 2024.

BTC price, FMA June  2024 (CoinDesk)

Markets

Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.

Trump poster for 2024 election. (Jon Tyson/Unsplash)

Markets

Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month.

A rocket launching. (United Launch Alliance / U.S. Air Force)

Opinion

A More Than $1T Bitcoin DeFi Opportunity

Decentralized finance is coming to Bitcoin – and it could be huge.

corner, wall, white paint and sunshine (JACQUELINE BRANDWAYN/Unsplash)

Opinion

The Blockspace Singularity

One of crypto's biggest flaws – a lack of mainstream use – could be going away.

universe-big-bang

Markets

First Mover Americas: Bitcoin Tops $71K After Best Day for ETF Inflows Since March

The latest price moves in crypto markets in context for June 5, 2024.

BTC price, FMA June 5 2024 (CoinDesk)

Markets

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March

This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.

(Giovanni Calia/Unsplash)

Tech

Protocol Village: Coinbase Launches Passkey-Based 'Smart Wallet,' Alchemy Unveils 'Rollups,' Fleek Releases Testnet

The latest in blockchain tech upgrades, funding announcements and deals. For May 28- June 7.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

Uniswap (UNI) price on June 4 (CoinDesk)

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