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

JPMorgan Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase

Improved investor sentiment and increased demand ahead of the Ethereum Merge has sparked a market recovery, according to the bank.

(Shutterstock)

Markets

Bitcoin Slips Below $23K Ahead of ECB Rate Decision

The central bank is likely to signal an exit from its negative interest rate policy.

El BCE anunció su primer aumento en las tasas de interés en 11 años. (alexanderjungmann/Pixabay)

Markets

First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?

Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.

Zipmex is the latest casualty of this year's crypto contagion. (Unsplash)

Markets

Bank of America Survey's Extreme Pessimism Might Be Contrarian Indicator

Bank of America's monthly fund manager survey, conducted between July 8 and July 15, shows dire levels of investor pessimism and increased preference for cash.

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Markets

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

BTC pushed to a one-month high of $24,265 and is attempting to climb above its 50-day simple moving average. (CoinDesk and Highcharts.com)

Finance

Tesla Sold $936M Worth of Bitcoin in Second Quarter

The price of bitcoin fell about 1.7% following the news but regained its losses after CEO Elon Musk said Tesla was open to boosting its bitcoin exposure in the future.

A Tesla Model S car (Justin Sullivan/Getty Images)

Opinion

The Credit Crunch Is Not the End of Crypto Lending

It is a mistake to view bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures.

"A view of the deluge of Scotch paper currency for English gold." (The trustees of the British Museum)

Finance

Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says

The cryptocurrency's price fell significantly during the quarter.

Tesla CEO Elon Musk (Hannibal Hanschke-Pool/Getty Images)

Videos

Bitcoin’s Real Role Examined; 3AC’s Complex Ties Revealed

Report says Bitcoin users in emerging markets looking beyond investment. U.S. Senator Cynthia Lummis says vote on crypto bill unlikely this year. Sam Bankman-Fried says “moderately bad” deals okay during bailouts. Court documents show strong ties between 3AC and TPS Capital. Dubai scorches crypto winter with plans to support 40,000 metaverse jobs.

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Markets

DOGE y BTC lideran la recuperación cripto pero analistas advierten sobre presión de venta

A pesar de las ganancias de los últimos días, algunos advirtieron que invertir en criptomonedas sigue siendo un "negocio arriesgado".

Bitcoin superó máximos de un mes, pero analistas advierten sobre la volatilidad. (Spencer Platt/Getty Images)

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