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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 Asia: XRP, XLM Climb While Bitcoin Trudges Below $30K
PLUS: Ripple's partial victory last week in its ongoing legal feud with the Securities and Exchange Commission left important questions unsettled for token issuers, a crypto lawyer told CoinDesk TV.
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.
Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2
The value of its bitcoin holdings remained at $184 million.
Can Bitcoin Break Out of Its Funk? The Answer Appears to Be No
While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
“CoinDesk Daily” host Jennifer Sanasie breaks down today’s hottest headlines in crypto, as the Nasdaq halts its plans for a crypto custody service. Presidential hopeful Robert F. Kennedy Jr. wants to exempt bitcoin (BTC) from capital gains taxes when it is converted into U.S. dollars. And, Tesla CEO Elon Musk tweets about his fondness for a popular dog-themed cryptocurrency.
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
First Mover Americas: Investors Pile Into Bitcoin ETPs Following BlackRock ETF Filing
The latest price moves in crypto markets in context for July 19, 2023.
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation.
First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
