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

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.

Morgan Stanley (Shutterstock)

Markets

Retail Investors Are Sleeping on Bitcoin's March Towards All-Time Highs: IntoTheBlock

Metrics that previously signaled retail froth are still at low levels, suggesting that this phase of bitcoin's rally is driven by institutional investors, IntoTheBlock analysts said.

Retail crypto traders are sleeping on bitcoin's steady march towards all-time highs (Unsplash)

Markets

Bitcoin Suddenly Plummets 7% After Hitting $64K, Triggering Over $700M Crypto Liquidations

The world's largest crypto soared to $64,000 Wednesday before quickly reversing to $59,000, CoinDesk data shows.

Bitcoin price (CoinDesk)

Markets

El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%

The country's bonds have also surged to over 80 cents on the dollar.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

Policy

Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails

He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.

COPA vs Craig Wright trial just completed its second week (Dan Kitwood/Getty Images)

Opinion

Mt. Gox: What We Still Don’t Know 10 Years After the Collapse

To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later.

(Mark Karpeles, modified by CoinDesk)

Finance

Bitcoin Tops $63K for First Time Since November 2021

Spot bitcoin ETFs are seeing massive inflows of money and BTC is crossing $1,000 milestones one after another in quick succession.

Bitcoin price rose 20% in a week (CoinDesk)

Markets

First Mover Americas: PEPE, Not BTC, Is The Top Trending Token

The latest price moves in crypto markets in context for Feb. 28, 2024.

Top trend coins on social media (Santiment)

Tech

Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development Flourishes on OG Blockchain

Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of development and layer-2 building now taking place on the original blockchain.

Muneeb Ali, co-creator of Stacks and CEO of Trust Machines (CoinDesk TV)

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