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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: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.
Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market
Traders will not want to be short ETH while going through an ETF approval, one observer said.
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
What to Expect at Consensus 2024: Spotlight on Blockchain Tech
The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.
This Is (Hopefully) the Last CoinDesk Article to Mention Craig Wright
He "is not nearly as clever as he thinks he is," says a U.K. Judge reviewing the Australian computer scientist’s many questionable legal maneuvers.
Bitcoin Breaks Out Above $68K as Solana's 7% Gain Leads Crypto Rally
Inflows into the spot bitcoin ETFs restarted in a big way last week as the price rallied from near the $60K level.
First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
The latest price moves in crypto markets in context for May 20, 2024.
Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.
Research Firm Favors Bitcoin 'Covered Strangle' Strategy to Enhance Portfolio Yield by 17%
Research firm 10x suggests bitcoin holders use the options strategy to enhance portfolio yield by 17%.
