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

Markets

Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes

The broad-market proxy CoinDesk Market Index (CMI) was up 3.8% over the past 24 hours.

By Krisztian SandorSep 28, 2023

Podcasts

Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays

By Noelle AchesonSep 28, 2023

Key Bitcoin Support Levels to Watch as Volatility Rises

Finance

Crypto for Advisors: AI - Friend or Foe to the Advisor?

Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.

By Sarah Morton, Jordi VisserSep 28, 2023

Markets

Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

WTI crude oil has surged 30% higher this quarter, a rally that could feed into inflation, forcing central banks to keep rates elevated for longer than expected.

By Omkar GodboleSep 28, 2023