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

Purpose Investments Exec on Launching Canada’s First Spot Bitcoin ETF

Purpose Investments COO Vlad Tasevski discusses working with Canadian regulators to launch the country’s first Bitcoin Spot ETF. Plus, insights into his firm’s partnership with Cosmos to bring the ETF to Australian markets, and regulatory concerns in the U.S. regarding spot market manipulation.

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Videos

VanEck Exec on BTC Price, LUNA Surge, and Prospects of a Spot Bitcoin ETF

VanEck Head of Digital Assets Research Matthew Sigel discusses the current state of the crypto markets as BTC faces resistance at $45,000. Sigel explains what it would take for bitcoin to surpass $50,000 and the growing correlation between crypto prices and tech stocks.

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Markets

Bitcoin Price Rises for Second Day on Hopes for Soft Landing

The largest cryptocurrency continues to rebound from a five-week low.

Bitcoin (BTC) is up 2.8% in the past 24 hours, continuing its recovery from a five-week low around $38,700 on Monday.

Markets

Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K

The recovery phase remains intact, albeit within a wide trading range.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Finance

Silvergate Capital May Expand Its Bitcoin Lending Program, CEO Says

The comment came after the bank reported earnings that beat estimates, sending its shares up 13%.

Silvergate Capital CEO Alan Lane (Silvergate)

Markets

Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'

Some $97 million flowed out of digital asset funds in the week through April 15.

Across the industry, crypto funds had $97 million in net outflows in the seven days through Apr. 15. (CoinShares)

Finance

Australia’s First Bitcoin ETF to Be Listed Next Week: Report

Cosmos Asset Management’s Bitcoin ETF will be listed on the Cboe trading platform.

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Markets

First Mover Asia: Bitcoin Minnows Have Pushed the Whales to the Side; Bitcoin, Ether Steady

BTC briefly touched a five-week low around $38,547 early Monday, then bounced and ended the trading day higher.

Silver Freshwater Minnows (*adrisbow* (Adriana Lopetrone)/Getty Images)

Videos

Bitcoin’s Exchange Balance Hits 3.5-Year Low

According to Glassnode data, the number of coins held on exchanges declined by more than 20,000 BTC last week, reaching the lowest since August 2018. Plus, a conversation about the percentage of inactive bitcoin reaching a record high of almost 64% as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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