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



Videos

Bitcoin Falls to Last Week’s Support Level

Bitcoin dipped below the $20,000 mark as the S&P 500 fell more than 20% from its December 2021 peak, indicating bear markets in both crypto and traditional finance. Crypto research firm FundStrat said BTC could weaken down to test June lows below $18,000 and potentially below $13,000.

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Videos

Bitcoin Hovers Around $20K Level

TheoTrade co-founder Don Kaufman shares his bitcoin price analysis, noting that despite a decline in trading volume amid the bear market, bitcoin is still holding onto the $20,000 level, saying it’s “the bright side of the bearishness.” Plus, a discussion about DeFi regulation and MicroStrategy’s recent $10 million BTC purchase.

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Markets

First Mover Americas: BTC Dips; 3AC Liquidation Reportedly Ordered by BVI Court

The latest moves in crypto markets in context for June 29, 2022.

(Tim Grist Photography/Getty images)

Markets

Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity

As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said.

Las criptomonedas se ven afectadas de manera desproporcionada por el endurecimiento de la Fed. (Harald Lueder/Shutterstock)

Markets

Bitcoin Dips Under $20K on Blunted Growth Sentiment as Spain Fuels Inflation Concerns

Traders assessed revived concerns of rampant inflation and growth for the coming months.

La preocupación por el aumento de la inflación afecta al mercado cripto. (Steve Buissinne/Pixabay)

Markets

First Mover Asia: Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

Investors who purchased a breadbasket of blue chip coin offerings about five years ago would have generated an 819% return, even with the current bear market; most cryptos fell in Tuesday trading.

Investors who hodled "blue chip" ICOs generated sizable returns. (Cryptograffiti)

Markets

Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

Finance

Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether

The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down.

Cypherpunk sold to avoid plunging into a hole. (Unsplash)

Videos

Crypto Venture Capital Firm Stillmark Founder Remains Optimistic During Bear Market

Stillmark founder and Managing Partner Alyse Killeen shares her bitcoin price outlook, explaining her venture capital firm’s strategy during a bear market, noting her optimism around bitcoin Lighting Network’s rapid growth. Plus, lessons learned from the Three Arrows Capital liquidity crisis.

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