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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
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.
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.”
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.”
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.
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.
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.
Peter Brandt: BTC Will Hit All-Time Highs in 3 Years – but First, $13K
Bitcoin expects to chop a little, moving between $17,000 and $23,000 for the next year, Peter Brandt tells CoinDesk TV.
Peter Brandt: Bitcoin Will Be 'Ultimate Store of Value' in 10 Years
Peter Brandt, Factor Trading Founder and CEO, discusses his take on the future of bitcoin (BTC), saying the cryptocurrency will be the "ultimate store of value" in the next 10-20 years. He added, "I'm not sure the stock market in 10 years is going to be much different than where it is right now."
'Hyperbitcoinization' Is Coming to an Emerging Market Near You, Paxful's Ray Youssef Says
The CEO and co-founder of the peer-to-peer bitcoin exchange that's popular in Africa explains why the Global South will lead the Bitcoin revolution.
Peter Brandt: Absolutely Nothing Going on in Crypto Right Now
Bitcoin (BTC) and other major cryptocurrencies continue to see little movement and remain in a narrow trading range. "There's absolutely nothing going on in the market," Factor Trading founder and CEO Peter Brandt said about the state of crypto. He continued, "That is what bear markets do ... exhaust people."