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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



Videos

Bitcoin Extends 6-Day Losing Streak, Price Plunges

Bitcoin is slumping for the sixth consecutive day, seeing its biggest plunge in two months. “All About Bitcoin” host Lawrence Lewitinn breaks down the Chart of the Day.

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Videos

How the Upcoming Merge Will Impact Ether’s Price

QCP Capital Co-Founder and CIO Darius Sit join “Community Crypto” to discuss the upcoming merge’s impact on ether (ETH) as “open interest in ethereum options has far surpassed bitcoin.” Plus, his advice on trading if the merge does not go smoothly.

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Videos

Ethereum Merge: Educational Curve and Potential Risks

Ethereum is expected to move from proof-of-work to proof-of-stake in September, reducing energy consumption by 99.95%. Vega blockchain researcher Klaus Kursawe shares insights on how to navigate through the educational curve. Plus, advice from Prysmatic Labs Co-founder Preston Vanloon and QCP Capital Co-Founder Darius Sit on avoiding the potential risks if the merge goes south.

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Videos

Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern

Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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