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

Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms

BTC is declining less than altcoins, indicating a lower appetite for risk among traders.

By Damanick DantesMay 19, 2022

Bitcoin's 24-hour chart (CoinDesk)

Markets

Bitcoin Returns Above $30K, Resistance at $35K

BTC appears oversold, although trading conditions have been choppy over the past few days.

By Damanick DantesMay 19, 2022

El gráfico diario de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior. (Damanick Dantes/CoinDesk, TradingView)

Finance

MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report

Andrew Kang spoke to The Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy.

By Michael BellusciMay 19, 2022

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention

Finance

First Mover Americas: Hashed Takes $3.5B Hit on LUNA as Bitcoin Trades Under $30K

The latest moves in crypto markets in context for May 19, 2022.

By Bradley Keoun, Shaurya Malwa, Parikshit Mishra, Sam ReynoldsMay 19, 2022

(Peter Cade/Getty images)

Markets

Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

Bitcoin lost support at $30,000 as Chinese tech stocks sold off on earnings worries a day after hawkish comments from the U.S. Federal Reserve.

By Shaurya MalwaMay 19, 2022

Given a choice, inflation is a better option than deflation. (Peter Cade/Getty Images)

Markets

First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.

By Sam Reynolds, Damanick Dantes, James RubinMay 19, 2022

Most major cryptocurrencies were in the red. (Paolo Bruno/Getty Images)
Podcasts

LimeWire Signs Deal With Universal Music for Music NFT Licensing, Blockchain Gaming in Focus

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OMay 18, 2022

The Hash
Podcasts

Bitcoin Needed to Get Its Face Ripped Off

By Tyrone RossMay 18, 2022

PlannerDAO, the DAO Built for and by Financial Advisers

Markets

Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Traders continue to hedge against further price declines.

By Damanick DantesMay 18, 2022

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin lucha por mantener el soporte en $27K-$30K

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

By Damanick DantesMay 18, 2022

Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
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