industry digital currency employees 15 website www.coindesk.com launched may 2013 coindesk is a news site specializing in bitcoin and digital currencies . coindesk began publishing in may 2013 and was founded by serial entrepreneur shakil khan . 1 khan is also an investor in bitpay 2 a bitcoin payment processor . in september 2013 jon matonis former executive director of the bitcoin foundation joined coindesk as a contributing editor . 3 coindesk also provides guides to bitcoin for those new to digital currencies . 4 in january 2016 coindesk was acquired by digital currency group for an estimated amount of us 500k 600k . 5 contents 1 coindesk bitcoin price index 1.1 coindesk bpi change log 17 2 state of bitcoin report 3 coindesk iphone app 4 references 5 external links coindesk bitcoin price index edit the coindesk bitcoin price index coindesk bpi was launched in september 2013 . 6 the bitcoin price index is an average of bitcoin prices across bitcoin exchanges and began by using price data from bitstamp btc e and campbx . although mt. gox data was not used initially due to withdrawal concerns for us customers 7 in 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 . 8 the mt. gox bitcoin exchange was eventually removed from the index in february 2014 after its persistent failure to meet the index s standards for inclusion . 9 the index was restored to an average of three exchanges in march 2014 with the inclusion of bitfinex price 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 . 10 needs update publications which have referenced the bitcoin price index data or price include the bbc 11 wsj 12 reuters 13 ny times 14 cnbc 15 and bloomberg . 16 coindesk bpi change log 17 edit 20th sep 2013 12 00 00 utc a criterion was added specifying that exchange daily trading volumes must meet minimum acceptable levels as determined by coindesk . 4th nov 2013 12 00 00 utc the minimum acceptable volume criterion was amended so that each exchange must represent at least 2 % of the total 30 day cumulative volume for all exchanges in the bpi . 7th nov 2013 00 00 00 utc campbx was removed from the bpi due to sustained diminishing volume and a lack of regular 24 hour trading activity . 28th nov 2013 12 00 00 utc mt. gox was added to the bpi due to a reduction in the risk premium and the option of additional deposit withdrawal methods . 10th feb 2014 15 30 00 utc the sixth criterion for inclusion in the bpi was amended to include the option for bitcoin transfers to be completed within seven days in place of fiat transfers . 10th feb 2014 16 00 00 utc mt. gox was removed from the bpi for failing to meet its criteria . 13th mar 2014 16 00 00 utc bitfinex was added to the bpi . 26th mar 2014 23 00 00 utc new standalone china bitcoin price index created based on the price and volume of bitcoins exchanged for chinese yuan cny ; two exchanges included at launch btc china and okcoin . 30th mar 2014 00 00 00 utc end of day open high low and closing bpi is now based on coordinated universal time utc time . the bpi does not adjust to follow british standard time . 30th jun 2014 15 00 00 utc lakebtc and huobi were added to the usd and cny bpis respectively . 31st oct 2014 15 00 00 utc lakebtc was suspended from the bpi for 30 days . state of bitcoin report edit 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 . 18 a follow up report in q2 2014 highlighted that venture capital investment in bitcoin companies was up 28 percent compared to the previous quarter 19 and that vc investment was pouring into european bitcoin startups . 20 coindesk iphone app edit in april 2014 coindesk released an ios app . 21 the app includes news stories and editorial as well as its bitcoin price index . references edit 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 beginner s guide will tell you everything you need to know . the next web . http techcrunch.com 2016 01 13 coindesk acquired by digital currency group del rey jason september 11 2013 . what s 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 . about the bitcoin price index . coindesk . 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 . wall street journal . 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 . dougherty carter sep 20 2013 . about the bitcoin price index . coindesk . 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 2014 . investors 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 coindesk s new ios app . the next web . external links edit official website retrieved from https en.wikipedia.org w index.php title coindesk & oldid 733742788 categories bitcoininternet properties established in 2013cryptocurrencieshidden categories wikipedia articles in need of updating from august 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 august 2016 at 20 46 . text is available under the creative commons attribution sharealike license ; 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