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



Finance

This Buenos Aires Evangelist Offers Tours to Expound Bitcoin, Tourists Love It

After having his savings confiscated by Argentina twice, Jerónimo Ferrer discovered bitcoin. And he made his story into a tour with hundreds of visitors and high ratings.

Jerónimo Ferrer en Buenos Aires, explicando bitcoin a turistas. (Jerónimo Ferrer/Airbnb)

Markets

Grayscale Bitcoin Trust's 'GBTC Discount' Narrows With ETF Decision on Horizon

Shares of the GBTC are trading at a discount of 29% to bitcoin’s price, down from 34% last week – and there's all sorts of speculation on what it means.

The "Grayscale discount" has narrowed after widening out to 34% last week. (Skew)

Markets

Bitcoin Hovers Near $21K as Investors Look to Avoid Another Weekend Slump

Analysts are questioning whether BTC will be able to remain above the $20K threshold amid weak investor confidence.

Red arrows moving up on wooden blocks

Learn

Bitcoin ATMs: What You Need to Know Before Buying Bitcoin at an ATM

Buying crypto doesn’t have to involve dealing with complicated exchanges. In some places, there are ATM machines designed specifically for facilitating transactions.

Bitcoin ATM in Moscow (Anna Baydakova for CoinDesk)

Markets

Investors Pile Into Short Bitcoin ETF Betting on Prices to Fall

ProShares' BITI exchange-traded fund raked in $11 million Thursday after a lackluster opening day.

ProShares' short bitcoin ETF toppled Valkyrie's and VanEck's future-based ETFs in assets under management. (Arcane Research)

Videos

Is There a Liquidity Crisis in Crypto?

Bitcoin (BTC) and other major cryptocurrencies trending higher after more than $1 billion worth of digital assets were liquidated last week. FalconX co-founder & CEO Raghu Yarlagadda discusses his reading of the crypto markets and where we’re headed next. Plus, insights into FalconX’s $150 million raise valuing the firm at $8 billion.

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Markets

First Mover Americas: AXS up 15% on Ronin Network News, BTC at $21K

The latest moves in crypto markets in context for June 24, 2022.

Altcoins outperformed bitcoin for the second straight day. (Alistair Berg/Getty images)

Markets

XRP Leads Crypto Majors Recovery; Bitcoin Rises Over $21K as Rate-Hike Concerns Wane

Technology stocks and equity indices rallied as investors assessed fresh comments from Federal Reserve Chair Jerome Powell.

Federal Reserve Chair Jerome Powell will speak at a press conference after this week's FOMC meeting. (Federal Reserve via Wikimedia Commons)

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