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 Is Shifting Hands to Long-Term Holders

Bitcoin (BTC)'s total supply held by long term holders show "the coins are moving from weak hands to strong hands," Forex.com Global Head of Research Matt Weller says. He discusses how this could potentially start the next bull cycle in 2023.

Recent Videos

Videos

Crypto May See Renewed Volatility as Whales Begin to Accumulate BTC

Forex.com Global Head of Research Matt Weller joins "First Mover" to discuss the drop in bitcoin's annualized one-month realized volatility and his outlook for 2023 amid a prolonged crypto winter. Plus, insights on the state of crypto as central banks continue to increase interest rates to tame inflation.

Recent Videos

Markets

First Mover Americas: FTT Token at Center of New US Charges in FTX Case

The latest price moves in crypto markets in context for Dec. 22, 2022.

Sam Bankman-Fried being escorted. (Royal Bahamas Police Force)

Markets

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

Decisions to recommend bitcoin should depend on an advisor's crypto competency and a client’s personal/financial circumstances, the CFP Board’s notice rightly says.

(Pollyana Ventura/GettyImages)

Markets

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin

Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility.

(Nicholas Cappello/Unsplash)

Markets

Bitcoin Is Leading Indicator for S&P 500, Past Data Shows

The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows.

(Shaah Shahidh/Unsplash)

Markets

First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.

Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance.

DeFi project Popsicle’s ICE token tripled in value. (Sheri Silver/Unsplash)

Markets

Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold

Top crypto assets hold steady as stocks get pre-holiday bounce.

DeFi project Popsicle’s ICE token tripled in value. (Sheri Silver/Unsplash)

Videos

Bitcoin Outlook Ahead of Holidays

Trade The Chain Director of Research Nick Mancini discusses his analysis and outlook for bitcoin (BTC) as market sentiment remains bearish ahead of the holiday season.

Recent Videos

Markets

Crypto Markets Analysis: Bitcoin and Ether’s Flat Trajectory to Continue, Technical Indicators Suggest

Momentum for both BTC and ETH remains in neutral territory, using the Relative Strength Indicator (RSI) as a proxy for momentum.

(Midjourney/CoinDesk)

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