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

Market Wrap: Bitcoin's Price Rises Amid Uncertainty

The price appears to be both undervalued and range-bound.

Bitcoin's price rose slightly on Wednesday. (Paolo Nicolello/Unsplash)

Videos

Bitcoin’s August Sell-Off Basically Wipes Out July Gains

Bitcoin’s losses in August basically wiped out the token’s gains in July, according to the monthly bitcoin (BTC) candle chart. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Markets

More Volatility Ahead for Bitcoin as Federal Reserve Keeps Quiet

BTC traders will have to be data dependent, just like the central bank.

(Getty Images)

Markets

First Mover Americas: A Bleak Month for Crypto as Bitcoin Slides, Ether Stalls and Solana Tanks

The latest price moves in crypto markets in context for Aug. 31, 2022.

August was bleak for the crypto markets. (George Rose/Getty Images)

Markets

First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.

Bitcoin clawed back above $20,000 after falling below this threshold. (Frederick Bass/Getty Images)

Markets

Market Wrap: Bitcoin's Price Retreats Along With Stocks

Risky assets fall as Germany reports inflation at a 50-year high.

Cryptocurrencies resumed their downward trend on Tuesday. (GuerrillaBuzz Crypto PR/Unsplash)

Markets

El Salvador’s Bitcoin Bond Delays Continue; Investor Interest Wanes: Report

The chief technology officer at Bitfinex and Tether said he hopes the bond can still be rolled out this year, despite a plunging bitcoin price.

El lanzamiento de los bonos bitcoin de El Salvador continúa demorado. (Esaú González, Unsplash)

Tech

Can Privacy-Focused Bitcoin Projects Avoid OFAC Sanctions?

Bitcoin that’s been sent through privacy-preserving mixers could be vulnerable to censorship. But there are some workarounds in progress.

Bitcoin transactions that have been through a mixer stand out from the rest. But that could change. (Getty Images)

Markets

First Mover Americas: Bitcoin Holds $20K Level; Altcoins Recover as Market Sentiment Improves

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

(Michel Porro/Getty Images)

Markets

Ether, Bitcoin Could See Turbulence as Open Interest Leverage Ratio Soars to Record High

"The rising ratio indicates open interest is outpacing market size and increases the risk of volatility," one researcher said.

Gráfico de relación de apalancamiento de interés abierto de futuros perpetuos para ether y bitcoin. (Decontrol Park Capital, Glassnode)

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