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Bitcoin

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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Barclays Remains Positive on Bitcoin; Elon Musk Reportedly Reignites Twitter Acquisition Plans

Barclays remains positive about bitcoin (BTC) long-term, and views bitcoin miner Core Scientific as a “best-in-class, leveraged play.” Plus, Bloomberg reports that Tesla CEO Elon Musk is offering to go through with his $44 billion Twitter deal, sending the social media stock price soaring.

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Bitcoin Builds Bullish Momentum But Some Analysts Expect Renewed Dollar Strength

Bitcoin (BTC) continues to build bullish momentum, hoping that the U.S. Federal Reserve and other central banks will pivot away from aggressive monetary policy. Yet, some observers are unconvinced the Fed will abandon or dramatically slow the so-called liquidity tightening anytime soon, and they expect renewed dollar strength. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Gains Momentum on Fed Pivot Narrative

Bitcoin (BTC) continues to build bullish momentum on the expectation that the U.S. Federal Reserve and other major central banks would slow tightening. Arca Portfolio Manager David Nage discusses his crypto markets analysis, investor sentiment, and consumer trends. “A lot of people are on pause, they’re in neutral,” Nage said.

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Consumers Are Holding Back: Arca Portfolio Manager

"There's more dollars in savings accounts than ever before from the consumer perspective," says Arca Portfolio Manager David Nage. He shares his markets analysis as bitcoin (BTC) gains momentum.

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Grayscale Takes Over Key Role for Bitcoin Trust from Genesis; UN Agency Recession Risk Warning

A United Nations agency said Monday the Fed and other central banks risk pushing the global economy into recession if officials keep raising interest rates. Plus, Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit.

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Bitcoin Sees No October Rise Just Yet

Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin Remains Above $19K as Long-Term Holders Stay the Course

TheoTrade Co-founder Don Kaufman discusses his outlook for bitcoin (BTC) as the cryptocurrency remains above $19,000 and long-term holders stay the course, helping BTC to remain resilient as other risky assets fall.

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Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market

A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.

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Has Bitcoin Reached a Bottom Yet?

Bitcoin (BTC) remains resilient at $19,000 despite uncertainty in fiat currencies around the world. iCapital's Chief Investment Strategist Anastasia Amoroso discusses a potential bitcoin bottom. "We are a lot closer to the bottom than we have been," she said.

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Bitcoin Holds Ground at $19K Despite Macro Headwinds

Bitcoin (BTC) started what has historically been a strong month where it ended a dismal September, holding around $19,000. iCapital's Chief Investment Strategist Anastasia Amoroso joins "First Mover" to discuss her crypto outlook amid recession concerns.

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