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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
First Mover Americas: Crypto in the Red Ahead of Friday's U.S. Inflation Data
The latest price moves in crypto markets in context for May 30, 2024.
NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto
CoinDesk Indices' XBX is currently the benchmark for $20 billion in ETF assets under management.
First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC
The latest price moves in crypto markets in context for May 29, 2024.
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
BlackRock Takes the Crown for the Largest Spot Bitcoin ETF From Grayscale
Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in one of its major funds.
Protocol Village: Sentinel Releases Decentralized VPN App for Android, Says Apple iOS Support to Follow
The latest in blockchain tech upgrades, funding announcements and deals. For May 23-29. NOTE: Protocol Village will be on a limited publishing schedule May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. Hope to see you there!
Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment
The company announced its Bitcoin treasury strategy Tuesday morning.
First Mover Americas: Bitcoin Falls Below $68K After $9B Mt. Gox Transfer
The latest price moves in crypto markets in context for May 28, 2024.
