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

Finance

Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects

The company will help monetize stranded energy in the African country and help manage its renewable energy production.

By Krisztian SandorMay 24, 2024

Marathon Digital CEO Fred Thiel (CoinDesk)

Podcasts

THE MINING POD: Venezuela Bans Bitcoin Mining (Again)?

By William FoxleyMay 24, 2024

Wealth Optimization Strategies For Bitcoiners

Markets

First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval

The latest price moves in crypto markets in context for May 24, 2024.

By Jamie Crawley, Shaurya MalwaMay 24, 2024

Podcasts

CoinDesk Markets Week in Review

By Helene Braun, Jennifer SanasieMay 24, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Markets

Bitcoin, Ether Rally Cools Following U.S. Ether ETF Listing Approval

One trader said ether’s sell-off on positive news is typical "buy the rumors, sell the facts" behavior.

By Shaurya MalwaMay 24, 2024

Scrabble letters spelling ETF arranged a rack

Markets

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

By Krisztian SandorMay 23, 2024

Podcasts

Crypto Update | Will Solana and Altcoins Dominate the Market Next?

By Helene Braun, Jennifer SanasieMay 23, 2024

Markets

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

By Krisztian SandorMay 23, 2024

Bitcoin (BTC) price on May 23 (CoinDesk)

Markets

U.S. Bitcoin ETF Holdings Hit New High of More Than 850K Tokens

Grayscale’s GBTC remains the biggest of the funds, with more than $20 billion of bitcoin at current prices, but BlackRock's IBIT is only a small bit behind.

By Shaurya MalwaMay 23, 2024

Scrabble tiles spelling out "ETF GROWTH"

Markets

First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision

The latest price moves in crypto markets in context for May 23, 2024.

By Jamie Crawley, Omkar GodboleMay 23, 2024

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