Bitcoin

CoinDesk placeholder image

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


Read less...


The Mining Pod With Will Foxley Wide
Bitcoin Mining Post-Halving
Future of Bitcoin Mining 2024 with Shannon Squires, Chief Mining Officer at Compass Mining.
The Mining Pod With Will Foxley Wide

The New York Stock Exchange (Spencer Platt/Getty Images)
NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto
CoinDesk Indices' XBX is currently the benchmark for $20 billion in ETF assets under management.
The New York Stock Exchange (Spencer Platt/Getty Images)

BTC price, FMA May 29 2024 (CoinDesk)
First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC
The latest price moves in crypto markets in context for May 29, 2024.
BTC price, FMA May 29 2024 (CoinDesk)

A bitfarms mining site in Washington. (CoinDesk)
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
A bitfarms mining site in Washington. (CoinDesk)

(Jim Henderson, modified by CoinDesk)
BlackRock Takes the Crown for the Largest Spot Bitcoin ETF From Grayscale
Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in one of its major funds.
(Jim Henderson, modified by CoinDesk)

Atmosphere
Protocol Village: Sentinel Releases Decentralized VPN App for Android, Says Apple iOS Support to Follow
The latest in blockchain tech upgrades, funding announcements and deals. For May 23-29. NOTE: Protocol Village will be on a limited publishing schedule May 24-June 2 as we cov...
Atmosphere

Semler Scientific announces Bitcoin treasury strategy (Sean Gladwell/Getty Images)
Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment
The company announced its Bitcoin treasury strategy Tuesday morning.
Semler Scientific announces Bitcoin treasury strategy (Sean Gladwell/Getty Images)

BTC price, FMA May 28 2024 (CoinDesk)
First Mover Americas: Bitcoin Falls Below $68K After $9B Mt. Gox Transfer
The latest price moves in crypto markets in context for May 28, 2024.
BTC price, FMA May 28 2024 (CoinDesk)

Scrabble tiles spelling out "ETF GROWTH"
Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein
Crypto ETFs could see over $100 billion of inflows in the next two years, the report said.
Scrabble tiles spelling out "ETF GROWTH"

(wildpixel/Getty Images)
One-Third of U.S. Voters Say They'll Weigh Candidates' Crypto Views Before Voting: Poll
A Harris Poll glimpse of voters' crypto views – paid for by bitcoin ETF issuer Grayscale – shows increasing interest, and 77% think a U.S. presidential candidate should know c...
(wildpixel/Getty Images)