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 and Ether Kick Off Week in Positive Territory

“Whale” investors moved a large amount of bitcoin off exchanges, which is often a bullish signal, showing investors are more interested in holding on to their bitcoin.

“Whales” are removing BTC from exchanges en masse. (Nitesh Jain/Unsplash)

Videos

Grayscale Takes Over Key Role for Bitcoin Trust from Genesis; UN Agency Recession Risk Warning

A United Nations agency said Monday the Fed and other central banks risk pushing the global economy into recession if officials keep raising interest rates. Plus, Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit.

Recent Videos

Videos

Bitcoin Sees No October Rise Just Yet

Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Videos

Bitcoin Remains Above $19K as Long-Term Holders Stay the Course

TheoTrade Co-founder Don Kaufman discusses his outlook for bitcoin (BTC) as the cryptocurrency remains above $19,000 and long-term holders stay the course, helping BTC to remain resilient as other risky assets fall.

Recent Videos

Videos

Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market

A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.

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Policy

US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator

The Treasury-led Financial Stability Oversight Council has responded to President Joe Biden’s executive order with calls for greater regulatory reach into markets, crypto firms’ affiliates and outside service providers.

(Jesse Hamilton/CoinDesk)

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)

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