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 Struggles to Hold Support at $27K-$30K

BTC is testing an important support zone, although long-term momentum remains weak.

By Damanick DantesMay 18, 2022

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

Podcasts

The Rosetta Stone of Passwords, Return to the ‘Fappening’

By Adam B. LevineMay 18, 2022

Finance

First Mover Americas: Bitcoin Back Below $30K as Target's Earnings Miss Shows Effects of Inflation

The latest moves in crypto markets in context for May 18, 2022.

By Bradley Keoun, Helene Braun, Shaurya Malwa, Parikshit MishraMay 18, 2022

Markets

Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks

A day after the Fed chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact – from higher mortgage rates to lower company earnings.

By Shaurya MalwaMay 18, 2022