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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: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
ALSO: Bitcoin holds steady near $30.4K – unstirred by Fidelity's filing for a spot bitcoin ETF and unexpectedly strong U.S. jobs and productivity data.
U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.
Bitcoin Hovers Over $30.3K Despite Renewed Inflation Worries
In comments Thursday at a Madrid event on financial stability, Fed Chair Jerome Powell said that “it will take time for the full effects of monetary restraint to be realized.”
Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns
Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.
First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
The latest price moves in crypto markets in context for June 29, 2023.
First Mover Asia: Bitcoin Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation
ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.
CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.
Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High
Bitcoin's market cap composes 52% of the total crypto market, its highest level since April 2021.
Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria
The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year.
