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



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Bitcoin Slips Below $19K in Choppy Trading Week

Bitcoin reversing gains made on Thursday where a 5% surge recorded BTC's best single-day return in two weeks, staying within the $18,000 to $20,000 range this week. Traditional markets also reeling back while the dollar surged to a new record valuation in foreign exchange markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day. 

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Markets

First Mover Americas: Bitcoin Hanging Tough as Stocks Slide

The latest price moves in crypto markets in context for Sept. 23, 2022.

Bitcoin is hanging tough under rough market conditions. (Stephanie Cook/Unsplash)

Markets

First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K

The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.

(Unsplash)

Markets

Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride

Both bitcoin and ether saw wide swings in price over the past day.

BTC prices reverse course after Tuesday’s sell-off (Unsplash)

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Has Bitcoin’s Price Hit Bottom Yet?

Bitcoin (BTC) is trading sideways around $19,000, as central banks around the world continue to raise interest rates in a bid to tame inflation. Matt Weller, global head of research at Forex.com, joins “All About Bitcoin” to discuss if bitcoin has already hit bottom amid global recession concerns.

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Outlook for Crypto Market Sectors After Fed’s Hawkish Rate Hike, Inflation Data

Bitcoin (BTC) flirts around $19,000 as the Federal Reserve announced the latest 75-basis-point interest rate hike while ether (ETH) price continues to drop since the Merge. CoinDesk Indices Managing Director Jodie Gunzberg discusses her market outlook and why today’s economic conditions are particularly difficult for crypto assets.

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Markets

First Mover Americas: Bitcoin Up 3% After Wild Ride on 'Fed Rate Day'

The latest price moves in crypto markets in context for Sept. 22, 2022.

Bitcoin (BTC) was trading at around $19,100 Thursday morning (Unsplash)

Markets

Bitcoin Steady as BOE Hikes Rates by 50 Basis Points, 'Reverse Currency Wars' Gain Steam

The race among central banks to lift rates and support their currencies to keep inflation in check suggests the path of least resistance for risky assets is to the downside.

El Banco de Inglaterra sube las tasas en 50 puntos base. (PeterRoe/Pixabay)

Markets

First Mover Asia: Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?

Some Merge observers see long-term environmental benefits and price increases, although others are concerned about centralization and regulatory scrutiny.

(Shutterstock)

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