is a news site specializing inbitcoinanddigital currencies. The site was founded by Shakil Khan and was subsequently acquired byDigital Currency Group.

CoinDesk began publishing in May 2013, and was founded by serial entrepreneur Shakil Khan.1Khan is also an investor inBitPay,2a bitcoin payment processor. In September 2013, Jon Matonis, former executive director of theBitcoin Foundation, joined CoinDesk as a contributing editor.3CoinDesk also provides guides to bitcoin for those new to digital currencies.4In January 2016, CoinDesk was acquired byDigital Currency Groupfor an estimated amount of US$500K-600K.5In January 2017, the company acquired Lawnmower, a blockchain data and research platform.6

The CoinDesk Bitcoin Price Index (CoinDesk BPI) was launched in September 2013.7The Bitcoin Price Index is an average of bitcoin prices across bitcoin exchanges, and began by using price data fromBitstampBTC-eand CampBX. AlthoughMt. Goxdata was not used initially, due to withdrawal concerns for US customers,8in November 2013, Mt. Gox was added to the BPI due to a reduction in the risk premium and the option of additional deposit/withdrawal methods.9TheMt. Goxbitcoin exchange was eventually removed from the index in February 2014 after its persistent failure to meet the indexs standards for inclusion.10

The index was restored to an average of three exchanges in March 2014 with the inclusion ofBitfinexprice data, according to CoinDesk: Since the decline of Mt. Gox, we have observed that Bitfinex has been able to sustain a dramatic increase in its share of the total volume of U.S. dollar-denominated bitcoins traded.11needs update

Publications which have referenced the Bitcoin Price Index data or price include the BBC,12WSJ,13Reuters,14NY Times,15CNBC16and Bloomberg.17

In February 2014, CoinDesk released its first State of Bitcoin report. The aim of the report is to provide an overview of key cryptocurrency trends, challenges, and opportunities, while also highlighting the most important developments over the last year.18A follow-up report in Q2 2014 highlighted that venture capital investment in bitcoin companies was up 28 percent compared to the previous quarter,19and that VC investment was pouring into European Bitcoin startups.20

In April 2014, CoinDesk released an iOS app.21The app includes news stories and editorials, as well as its Bitcoin Price Index.

Cutler, Kim-Mai (May 1, 2013).Angel Investor, Spotify Fixer Shakil Khan Launches Coindesk, A Bitcoin Resource. TechCrunch.

Olanoff, Drew (Jan 7, 2013).BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board. TechCrunch.

Bradbury, Danny (September 9, 2013).Jon Matonis joins the CoinDesk team. CoinDesk.

Summers, Nick (August 21, 2013).Baffled by the world of Bitcoin? This beginners guide will tell you everything you need to know. The Next Web.

Matney, Lucas (13 January 2016).CoinDesk Gets Acquired By Digital Currency Group.

Roberts, Daniel (January 30, 2017).The biggest bitcoin news site bought the best bitcoin data app. Yahoo! Finance.

Del Rey, Jason (September 11, 2013).Whats a Bitcoin Really Worth? CoinDesk Thinks It Has the Answer. All Things D.

Matonis, Jon (September 11, 2013).CoinDesk launches proprietary Bitcoin Price Index. CoinDesk.

Forgione, Sam (Feb 11, 2014).Bitcoin plunges after marketplace indefinitely halts withdrawals. Reuters. Reuters.

Casey, Michael J.; Vigna, Paul (Mar 12, 2014).BitBeat: Coindesk Index Finds a Mt. Gox Replacement.

Bitcoin price falls to 11-month low. BBC. Oct 6, 2014.

Vigna, Paul; J. Casey, Michael (Sep 19, 2014).BitBeat: More Pain For Bitcoin Prices; Are Chinese Miners To Blame?. Wall Street Journal.

Forgione, Sam (Feb 11, 2014).Bitcoin plunges after marketplace indefinitely halts withdrawals. Reuters. Reuters.

Ember, Sydney (July 1, 2014).Single Winner of All Bitcoins in U.S. Auction. New York Times.

Rosenfield, Everett (Aug 13, 2014).Bitcoin gets bit by a summertime swoon. CNBC.

Dougherty, Carter (Feb 7, 2014).Bitcoin Price Plunges as Mt. Gox Exchange Halts Activity. Bloomberg.

Del Rey, Jason (Feb 27, 2014).(Almost) Everything You Want to Know About Bitcoin, in One Report. Re/Code.

Carson, Biz (July 11, 2014).This week in bitcoin: VC investment is up and shows no signs of stopping after Xapo. Gigaom.

Wile, Rob (July 11, vestors Are Plowing Into European Bitcoin Firms Faster Than Any Other Region In The World. Business Insider.

Russell, Jon (April 30, 2014).Keep up with Bitcoin news and get price alerts with CoinDesks new iOS app. The Next Web.

Cryptocurrency bubble2018 cryptocurrency crash)

Wikipedia articles in need of updating from August 2016

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This page was last edited on 8 June 2019, at 14:16

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