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

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

Bitcoin on 6/13 (CoinDesk)

Markets

First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in crypto markets in context for June 13, 2024.

BTC price, FMA June 13 2024 (CoinDesk)

Finance

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

The Nasdaq-listed firm currently holds 214,400 BTC.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024

ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.

Winner, medal, gold. (AxxLC/Pixabay)

Tech

Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.

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

Finance

Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

The central bank took note of "modest" progress towards returning to 2% inflation.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Finance

Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.

BTC flow from miners to exchanges (CryptoQuant)

Markets

First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

The latest price moves in crypto markets in context for June 12, 2024.

BTC price, FMA June 12 2024 (CoinDesk)

Markets

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.

Scrabble letters spelling ETF arranged a rack

Finance

Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'

Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)

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