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



Finance

Bitcoin Technology Startup Synota Raises $3M in Seed Round

The new capital will be used toward the commercialization of Synota’s software, including plans for a bitcoin mining-related service.

Synota team at an active bitcoin mining site. (Synota)

Opinion

Why Bitcoin Has Been Highly Correlated With Fiat

And whether that means it has failed as an inflation hedge for traders.

(serena saponaro/Unsplash)

Markets

First Mover Americas: Bitcoin, Ether Remain in Tight Price Range

The latest price moves in crypto markets in context for Oct. 25, 2022.

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Markets

Polygon's MATIC Closes In on $1 Level After Recent Breakout: Chart Analysts

The token has cleared daily cloud resistance and its 200-day moving average in a short-term bullish development, one observer said.

Chart analysts have a forward outlook that MATIC could soon be worth $1. (Hans/Pixabay)

Markets

First Mover Asia: Is Binance Becoming Too Dominant?

Binance pushes through around 53% of all crypto trades on spot and derivatives markets by trade count, and around 30% of the market’s value; Bitcoin remained comfortably above $19,000 in Monday trading.

Consensus 2022

Markets

Market Wrap: Bitcoin Holds Its Perch Over $19K and Is Likely to Continue Trading in Its Current Narrow Range

Investors are mulling over macroeconomic uncertainties; veteran trader Peter Brandt says crypto investors are “just tired.”

BTC holds its perch at about $19,300, flat over the past 24 hours. (Unsplash)

Markets

Bitcoin Likely to Hold in a Tight Range

One measurement of bitcoin’s volatility has declined 76% this year. Veteran trader Peter Brandt told CoinDesk TV that bitcoin investors are “just tired.”

Bitcoin is likely to continue trading in a narrow range. (Unsplash)

Videos

Veteran Trader Peter Brandt Predicts 32 Months Before Bitcoin Reaches All-Time High

Peter Brandt, Factor Trading Founder and CEO, discusses the current trading sentiment in the bitcoin market, saying "I'm not bullish, I'm not bearish, I'm just tired." He adds that bitcoin will hit a new all-time high 32 months from the previous peak of April 2021.

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Videos

Bitcoin Not the Most Interesting Short-Term Investment: Arca Exec

Arca Head of Research Katie Talati discusses key trends and opportunities to watch in crypto. "Bitcoin is interesting on the long-term, but it's definitely been not the most interesting investment in the last few months." Plus, her take on recession fears and the possibility of a Fed pivot.

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Videos

Breaking Down Bitcoin's 5 Biggest Crashes

"All About Bitcoin" host Christine Lee reviews the worst crashes in bitcoin history as she breaks down the Chart of the Day.

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