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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Down Arrow spray painted on a brick wall (Shutterstock)
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
Brandt's latest view is based on a statistics concept called "exponential decay."
Down Arrow spray painted on a brick wall (Shutterstock)

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)
Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg
Bloomberg's report cited "people familiar with the matter, who asked not to be identified as the information is private."
Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

(CoinDesk Indices)
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
The crypto market is balancing the threat of stagflation against a potential liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin...
(CoinDesk Indices)

Bitcoin price on April 26 (CoinDesk)
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle...
Bitcoin price on April 26 (CoinDesk)

The Mining Pod With Will Foxley Wide
The $2.1 Million ‘Epic’ Bitcoin Satoshi
Charlie and Will go through this week’s headlines, including the $2.1 million ‘Epic Satoshi’ mined by ViaBTC during the Bitcoin halving, then auctioned off to the highest bidd...
The Mining Pod With Will Foxley Wide

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First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase
The latest price moves in crypto markets in context for April 26, 2024.
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bitcoin, money, virtual. (Leamsii/Pixabay)
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin's Runes era.
bitcoin, money, virtual. (Leamsii/Pixabay)

Markets Daily Wide
Markets Daily: CoinDesk Markets Week in Review
CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.
Markets Daily Wide

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton for CoinDesk)
The Key to Reviving Bitcoin Bull Run is the U.S. Treasury’s Refunding Announcement
Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.
U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton for CoinDesk)

(CoinDesk Indices)
Bitcoin Stable Above $64K While ETF Outflows Hit $200M
The relationship between bitcoin's price and ETF outflows is weakening
(CoinDesk Indices)