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

Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

BTC's current price range remains intact after several weeks of negative returns.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Videos

StepN Hit by DDOS Attack; S Korea’s Metaverse Studies

Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Opinion

New York Mining 'Ban' Is a Green Opportunity

The state’s possible moratorium on new carbon-based mining could be seen as an opportunity.

(Karsten Würth/Unsplash)

Markets

First Mover Americas: Bitcoin Snaps Record Losing Streak, Climbs Above $31K

The latest moves in crypto markets in context for June 6, 2022.

Bitcoin breaks historic losing streak. (BOESCHE/Getty images)

Markets

First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading

Ether and other major altcoins are slightly in the green as investors continue to look for clarity on the direction of the global economy; stablecoins face increasing scrutiny.

(Bankrx/Shutterstock)

Finance

Bitcoin Might, in Fact, Be the Great ‘Equalizer’

A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.

(Aziz Acharki/Unsplash)

Markets

Market Wrap: Altcoins Underperform as Bearish Sentiment Rises

Analysts expect price bounces to remain short term.

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Markets

Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K

Short-term price action is stabilizing but expect a rise in volatility.

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

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