Protocol Village: Oobit Collaboration With TON Lets Users Spend Tether Sent Over Telegram
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
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May 17, 2024 at 6:31 p.m. UTC
May 17, 2024
Bitcoin
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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
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Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
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May 17, 2024 at 4:56 p.m. UTC
May 17, 2024
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National Security Threat? Biden Blocks Bitcoin Miner
Matt and Will dive into this week’s Bitcoin mining news, including the Biden administration forcing the divestment of a Chinese-owned Bitcoin mining farm in Wyoming!
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May 17, 2024 at 2:27 p.m. UTC
May 17, 2024
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Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC and Runes.
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May 17, 2024 at 1:00 p.m. UTC
May 17, 2024
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First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data
The latest price moves in crypto markets in context for May 17, 2024.
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May 17, 2024 at 12:05 p.m. UTC
May 17, 2024
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CoinDesk Markets Week in Review
CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.
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May 17, 2024 at 11:01 a.m. UTC
May 17, 2024
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Institutions Still Skeptical of a Near-Term Bitcoin Price Rally, CME Options Data Show
The higher implied volatility for short-dated puts suggests investors are willing to pay a premium for downside protection, CF Benchmarks said.
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May 17, 2024 at 6:45 a.m. UTC
May 17, 2024
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Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.
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May 16, 2024 at 6:37 p.m. UTC
May 16, 2024
Crypto Update | The Role of ETFs in Diversifying Portfolios
Eric Balchunas, a Bloomberg Intelligence Senior ETF Analyst, underscores the rising popularity and influence of ETFs in investment markets.
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May 16, 2024 at 6:36 p.m. UTC
May 16, 2024
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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
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May 16, 2024 at 3:05 p.m. UTC
May 16, 2024