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CoinDesk – what is it?
CoinDesk is one of the leading world-renowned news web services that deals with the cryptocurrency market. It was launched in 2013 by entrepreneur Shakil Khani. He noticed that with the growing popularity of virtual currencies and the large number of users looking to use or invest in these assets, there was a need for a reliable source of information on exchange rates or news about the industry. As a result, CoinDesk reaches nearly one million users daily through articles published on the site, social media, newsletters, podcasts or videos.
CoinDesk - mission and significance
CoinDesk publications created by highly respected and recognized journalists, as well as the cryptocurrency prices presented on the site, are regularly shared in major media such as Axios, Bloomberg, Business Insider, CBS News, CNBC, The Economist, Financial Times, Forbes, Fortune, MarketWatch, Nasdaq, The Wall Street Journal and USA Today, Yahoo Finance. The team of experts associated with the CoinDesk website provides everyday reliable and essential information to individuals and companies interested in the topic of investing in cryptocurrencies. Their mission is to educate the public worldwide about the new concepts of digital money.
Notably, the indices provided by CoinDesk are a benchmark for the market. They are the industry standard and are used by investors to price cryptocurrencies. For example, the Coin Desk Bitcoin Price Index (XBX) is a point-based reference rate for BTC that provides a benchmark for the world's first publicly listed bitcoin fund and the world's first bitcoin ETF.
CoinDesk - trade events
The Coin market Desk service also attracts a community through its periodic events. Both conferences and webinars are top-rated. The most well-known event that brings together investors and enthusiasts of cryptocurrencies and blockchain is Consensus, in May every year.