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

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.

Jun 20, 2023

Podcasts

Crypto Update | Bitcoin Optimistic Despite Regulatory Uncertainty, but Remains Vulnerable

By Adam B. LevineJun 20, 2023

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

Markets

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

By Krisztian SandorJun 20, 2023

Markets

First Mover Americas: Tokenization Might Be a $5T Opportunity: Bernstein

The latest price moves in crypto markets in context for June 20, 2023.

By Lyllah Ledesma, Omkar GodboleJun 20, 2023

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation

"The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.

By Omkar GodboleJun 20, 2023

Bitcoin investors continue to accumulate coins, shrugging of market uncertainty. (Source: Elizabeth Kay/Unsplash)

Finance

Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.

By Shaurya MalwaJun 20, 2023

Binance sets up lightning network nodes (Leon Contreras/Unsplash)

Markets

Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking

The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.

By Omkar GodboleJun 20, 2023

Tech

First Ever Canadian Bitcoin Conference Wraps Up in Toronto

The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter regulation of Canadian exchanges.

By Frederick MunawaJun 20, 2023

2023 Canadian Bitcoin Conference organizing team in Toronto (Frederick Munawa)

Markets

First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst

The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.

By Sam ReynoldsJun 20, 2023

Markets

First Mover Americas: Bitcoin Trades Flat, Altcoins Nurse Losses

The latest price moves in crypto markets in context for June 19, 2023.

By Lyllah Ledesma, Omkar GodboleJun 19, 2023

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