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

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.

Recent Videos

Videos

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.

Recent Videos

Markets

First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course

The latest price moves in crypto markets in context for Oct. 3, 2022.

(Midjourney/CoinDesk)

Markets

Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash

Prominent crypto commentators say they're worried bitcoin's price consolidation indicates a deeper slide is coming, just as it did four years ago.

Cripto Twitter teme que bitcoin pronto reanude una tendencia bajista más amplia, repitiendo un patrón visto en 2018. (geralt/Pixabay)

Markets

First Mover Asia: Bitcoin Sees No October Rise Yet; the Dollar as the Protocol in the Future of Money?

The largest crypto by market capitalization was down slightly in the opening days of the historically strong month for its price.

October has been a historically strong month for bitcoin. (Alexander Spatari/Getty Images)

Finance

Sorry, Ether: Sound Money Doesn’t Exist and Neither Does 'Ultra' Sound Money

Sound money should reliably store value over time. No currency – not bitcoin, not ether, not the U.S. dollar – seems to be doing that these days.

(VICTOR HABBICK VISIONS/Getty)

Markets

Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data

The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward.

As BTC hovers above $19K, investors are digesting recent data. (Anja BaHu/Unsplash)

Videos

British Pound Performance Could ‘Get Ugly’ in Short Term: OANDA Analyst

Is now a better time to invest in bitcoin (BTC) or the British pound? OANDA Senior Market Analyst Edward Moya explains why he could “be more constructive with bitcoin.” He added, “No one has an idea as far as how low the pound can go.”

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Videos

Bitcoin on Track to Post Sixth Straight September Loss

September has been a historically bad month for bitcoin (BTC), which posted losses for the last five years. Is October's record better? OANDA Senior Market Analyst Edward Moya discusses his crypto markets analysis.

Recent Videos

Markets

First Mover Americas: Bitcoin to Post Sixth Straight September Loss, but LINK and UNI Manage Gains

The latest price moves in crypto markets in context for Sept. 30, 2022.

(Midjourney/CoinDesk)

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