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

First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions

The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.

By Sam ReynoldsJun 19, 2023

Podcasts

Featured Story | SEC’s DeFi Rulemaking Do-Over Falls Short

By Adam B. LevineJun 18, 2023

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

Podcasts

Featured Story | What the Reddit Boycott Has to Do With AI and Crypto

By Adam B. LevineJun 17, 2023

Markets

Inverse Correlations, FOMC Action, and a Possible Spot Bitcoin Trust

Bitcoin and ether end the week higher, following the announcement of BlackRock’s Bitcoin trust application.

By Glenn Williams Jr.Jun 16, 2023

Opinion

BlackRock’s Bitcoin ETF Would Be a Big Deal

And it doesn’t really matter if it’s technically a trust.

By George KaloudisJun 16, 2023

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Markets

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.

By James RubinJun 16, 2023

Podcasts

Crypto Update | BlackRock’s Spot Bitcoin ETF Application Spurs Green Markets

By Adam B. LevineJun 16, 2023

Finance

BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF

The asset management giant included a surveillance-sharing agreement in its proposal, which could eliminate the risk of market manipulation related to bitcoin.

By Ian Allison, Helene BraunJun 16, 2023

BlackRock headquarters in New York (Jeenah Moon/Bloomberg via Getty Images)

Markets

First Mover Americas: BlackRock Files for a Spot Bitcoin ETF

The latest price moves in crypto markets in context for June 16, 2023.

By Lyllah LedesmaJun 16, 2023

Markets

Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook

Total crypto market capitalization rose, with dogecoin (DOGE) leading gains among major tokens.

By Shaurya MalwaJun 16, 2023

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