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

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.

By Omkar GodboleJun 13, 2024

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.

By Sam Kessler, Bradley KeounJun 12, 2024

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.

By Stephen AlpherJun 12, 2024

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.

By Oliver KnightJun 12, 2024

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.

By Jamie Crawley, Omkar GodboleJun 12, 2024

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.

By Shaurya MalwaJun 12, 2024

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.

By Omkar GodboleJun 12, 2024

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

Markets

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

By Krisztian SandorJun 11, 2024

Finance

Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

The investment firm now owns 141 BTC, worth about $9.4 million.

By Oliver KnightJun 11, 2024

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

The latest price moves in crypto markets in context for June 11, 2024.

By Jamie Crawley, Omkar GodboleJun 11, 2024

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