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



Markets

Bitcoin Breaks $30K Amid TradFi Push Into Crypto

The world's largest cryptocurrency by market value, bitcoin, has not reached levels above $30,000 since April.

(WikiImages/Pixabay)

Tech

Bitcoin Custody Firm Casa Rolls out Ethereum Support

Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts.

Casa CEO Nick Neuman speaking at Consensus 2023. (CoinDesk)

Markets

Bitcoin Crosses $29K for First Time in Over a Month

The world’s largest cryptocurrency has rallied over 8% in the last 24-hours on the back of various traditional finance players jumping into crypto.

Bitcoin chart (CoinDesk)

Markets

First Mover Americas: Bitcoin Rallies as TradFi Players Jump Into Crypto

The latest price moves in crypto markets in context for June 21, 2023.

(CoinDesk)

Markets

Bitcoin Price Spikes to $138K on Binance.US

The exchange’s market depth has declined nearly 80% over the past month on regulatory woes.

Bitcoin price wicked to $138,000 in early morning hours today. (TradingView)

Markets

Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit

The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC.

(AhmadArdity/Pixabay)

Markets

Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products

Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application.

BitcoinETF: What Comes Next?

Markets

First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest

ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value locked (TVL) has surged 15% in June to $1.76 billion, data from blockchain analytics firm DefiLlama shows.

Bitcoin daily chart. (CoinDesk)

Markets

Bitcoin’s Rally to $28K Spurred by Largest Short Squeeze This Month

The price surge liquidated some $36.6 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.

Bitcoin daily chart. (CoinDesk)

Videos

Crypto Exchange EDX Markets Sets Up Shop With Bitcoin and Ether Offerings

EDX Markets, which has funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, announced it launched its digital asset market on Tuesday. Products traded on EDX will include bitcoin, ether, litecoin, and bitcoin cash.

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