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 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)

Policy

Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt

The Wyoming senator brought a copy of her legislation to the stage at the Bitcoin Conference in Nashville.

Senator Cynthia Lummis on stage in Nashville with a copy of her bitcoin reserve bill (Danny Nelson/CoinDesk)

Policy

Trump Backs U.S. Bitcoin Reserve and Says Democrat Win Will Be Disaster for Crypto: 'Every One of You Will Be Gone'

Thousands of bitcoiners camped out for hours to see crypto's self-declared candidate on Saturday at the Bitcoin Conference in Nashville.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Finance

Wall Street's Cantor Fitzgerald to Open Bitcoin Financing, Lending Business

The financial services company will start with $2 billion in lending.

Howard Lutnick (Danny Nelson/CoinDesk)

Policy

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

Finance

Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says.

“I want to hear [Trump] give a bold statement on the future of crypto and spark up what we all want," one person said.

Donald Trump (Brandon Bell/Getty Images)

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