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 $24K Breakout Elusive as Treasury Yields Balk at Peak Inflation Narrative

Traders of risk assets, including bitcoin, might be wrong to conclude that inflation in the U.S. has peaked, the bond market activity suggests.

Bond markets question the bullish crypto market narrative concerning inflation. (geralt/Pixabay, modified by CoinDesk)

Markets

First Mover Asia: Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The SOL token has climbed over the past week, despite a scheme by developers that artificially boosted the value of Saber and the Solana blockchain.

(Danny Nelson for CoinDesk)

Markets

Market Wrap: Bitcoin Price Rises but Ether Outpaces as Merge Nears

ETH has been accelerating on higher than average trading volume.

Ether's price continues to climb. (Jake Hills/Unsplash)

Tech

Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin

Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.

(Westend61/Getty Images)

Finance

BlackRock, Fresh off Coinbase Tie-Up, Offers Direct Bitcoin Exposure

The institutional-investor-focused spot bitcoin private trust will track the price of the cryptocurrency.

BlackRock headquarters (Shutterstock)

Policy

South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report

Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

Opinion

Crypto’s Downturn Makes Space for Education and Regulation

Investors can still become early adopters before crypto reaches full maturity.

(Jeswin Thomas/Unsplash)

Markets

Bitcoin Rallies to 2-Month High; What's Next?

The Federal Reserve's plan to accelerate quantitative tightening starting in September may bring volatility to markets.

Bitcoin hits a two-month high after encouraging U.S. inflation data. (Geralt/Pixabay)

Markets

Ether Tops $1.9K as Ethereum Runs Final 'Merge' Rehearsal

Merge optimism has prompted an ether rally of 60% in four weeks.

Ether sube a su máximo de dos meses. (TradingView)

Pageof 865