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 Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

Bitcoin price on 09 19 (CoinDesk)

Markets

Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest

The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, which resolved in new all-time highs in the latter months of the year.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate

The latest price moves in crypto markets in context for Sept. 19 2024.

BTC price, FMA Sept. 19 2024 (CoinDesk)

Finance

Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance

The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.

Commerzbank Tower in financial district, Frankfurt, Germany (Marco Bottigelli/Getty)

Markets

Ether Rebounds Off Key Support Signals Long Term Bullishness

Ether holds critical support level as macro factors loom over crypto market

Rebound tennis ball. (Unsplash)

Finance

Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey

The former president and Republican nominee sent the transaction with the help of PubKey staff.

Trump sending bitcoin transaction at PubKey bar in NYC (Fox News/Modified by CoinDesk)

Tech

Protocol Village: Delphi Ventures Leads $6M Investment Into Gunzilla Games, Becomes Project's Largest Validator

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 12-18.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

ICP-Based Bitcoin Token 'ckBTC' Will Bridge to Cosmos Through Osmosis

Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos

Osmosis Labs co-founder Sunny Aggarwal (Danny Nelson/CoinDesk)

Markets

Bitcoin's Rise Over $61K Could Signal Local Top, Binance Volume Indicates

Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.

Binance volume inflows can mark local market tops. (Glassnode)

Finance

Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs

The Hemi Network testnet is now live, with a mainnet launch planned for the fourth quarter.

(engin akyurt/Unsplash)

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