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

Podcasts

Crypto Update | What the UK’s Looming Mortgage Crisis Reveals About Global Monetary Policy

By Adam B. LevineJun 23, 2023

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Markets

Bitcoin Hits One-Year High, Soars Past $31.3K

The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.

By James RubinJun 23, 2023

Policy

Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says

Volatility Shares says its 2x leveraged bitcoin futures exchange-traded fund will be based on CME Bitcoin Futures prices.

By Amitoj SinghJun 23, 2023

Markets

First Mover Americas: Bitcoin Might Take a Breather

The latest price moves in crypto markets in context for June 23, 2023.

By Lyllah Ledesma, Omkar GodboleJun 23, 2023

The TBD announcement was made at the Bitcoin 2023 conference in Miami. (Frederick Munawa)

Markets

Matrixport's Bitcoin Greed & Fear Index Surpasses 90%, Suggests Bull Breather Ahead

Historically, an above 90% reading on the index has coincided with interim market tops.

By Omkar GodboleJun 23, 2023

Markets

First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF.

By James Rubin, George KaloudisJun 23, 2023

Bitcoin weekly chart. (CoinDesk Indices)

Markets

Stablecoin Movement May Hint Strongly at Asset Prices' Path Forward

A recent increase in stablecoin flows to exchanges may signal an increase in bullish sentiment

By Glenn Williams Jr.Jun 22, 2023

Markets

Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”

By James RubinJun 22, 2023

Markets

El gran repunte de bitcoin impulsado por los ETF dejó a ether en su precio más bajo frente a BTC en dos meses

La principal criptomoneda por capitalización de mercado se benefició del creciente optimismo de los inversores tras las múltiples solicitudes de ETF de bitcoin al contado y del hecho de no haber aparecido en las demandas de la SEC a principios de este mes.

By Lyllah LedesmaJun 22, 2023

Markets

Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months

The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.

By Lyllah LedesmaJun 22, 2023

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