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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
Is Bitcoin a Risk-On or a Risk-Off Asset? Maybe It’s Neither
So, we have high inflation and everyone piled into bitcoin and its price shot up, right? Not quite…
Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge
During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.
Bitcoin Regains $40K as Sentiment Turns to 'Extreme Fear'
Some analysts continue to remain bullish on the future prices of the world’s largest cryptocurrency.
First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline
The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.
Saylor Calls MicroStrategy’s Bitcoin Play ‘Tremendous Success,’ Promises More BTC Buys
The CEO is almost two years into his multibillion-dollar experiment of bitcoin on the balance sheet. According to a new investor letter, his conviction isn’t waning.
Could Bitcoin Become Legal Tender in Mexico?
Mexican senator Indira Kempis recently introduced a bill proposing that bitcoin become legal tender in the country. Felipe Vallejo, chief regulatory officer at Mexico-based crypto exchange Bitso, the first crypto unicorn in Latin America, joins "Community Crypto" to weigh in on whether that prospect could become reality by following El Salvador's example.
La Haus Exec on Accepting Bitcoin for Property Purchases in Latin America
La Haus, a Latin American proptech company, is now accepting bitcoin for home purchases through on-chain transactions and the Lightning Network. La Haus Vice President Jehudi Castro-Sierra joins "Community Crypto" to share insights on how this works and the implications of crypto in real estate.
Why is BTC Moving in Sync With Nasdaq?
GlobalBlock Market Analyst Marcus Sotiriou shares his bitcoin price outlook as bitcoin moves in sync with the Nasdaq and S&P 500, noting macro factors like the U.S. Core Producer Price Index (PPI). Sotiriou also discusses bitcoin’s use as a global reserve asset, referencing El Salvador and the Luna Foundation Guard. Plus, a conversation about tech billionaire Elon Musk’s ambition to buy Twitter and its potential market impact.
BTC Down 8% This Week, Slightly Up Over Past 30 Days
Bitcoin’s price continued to bounce around $40,000 this week, with an 8% drop over the last seven days but a slight positive increase when looking at the past 30 days. Plus, a conversation about momentum signals and the 100-week moving average as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Market Wrap: Bitcoin Dips as Macro and Geopolitical Uncertainties Remain
Cryptos and stocks have traded in a choppy range so far this year.
