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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
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
The municipality wants businesses to accept crypto in everyday transactions.
BTC’s ‘Correctional’ Phase Coming to an End as Price Eyes $45K?
Timothy Brackett, CEO of The Markets Compass, joins “First Mover” to provide technical analysis as bitcoin eyes $45K. Brackett is optimistic about the future for bitcoin's price, explaining why he believes the “correctional” phase is coming to a close using indicators such as the Fisher Transform.
First Mover Americas: Fed Hikes Could Drive Bitcoin Adoption in Emerging Markets
The latest moves in crypto markets in context for March 3, 2022.
Bitcoin's 'Ichimoku Cloud' Breakout Could Lead to Continued Uptrend
While bitcoin's cloud breakout points to more gains ahead, heightened geopolitical risk calls for tight stop loss on all crypto positions, one observer said.
First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment; Bitcoin Loses Momentum
An increase in commodity prices could eat into Indian investors’ skyrocketing appetite for cryptocurrencies; bitcoin, ether are roughly flat for the day.
How to Use the Strike Mobile Payment App
Strike, the mobile payment app launched by Jack Mallers, lets you send money across borders cheaper than the usual wire transactions using bitcoin. Here’s what you need to know about the app.
More HODLers Than Ever: BTC Illiquid Supply Reaches New High at 76%
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the illiquid supply of bitcoin, coins held in wallets with minimal history of spending, which has surpassed the May 2021 peak, reaching 76%. Glassnode telling CoinDesk the data seen in this chart is a sign of bitcoin accumulation, adding these often represent coins socked away in cold storage, crypto-speak for storing crypto offline, and the wallets of HODLers who undertake a dollar-cost averaging strategy.
Oanda Senior Market Analyst: ‘Cold Winter for Crypto Appears To Be Over’
Edward Moya, Oanda senior market analyst for the Americas, joins “All About Bitcoin” to discuss bitcoin’s value as an asset given several global macro factors currently growing crypto’s widespread appeal.
March Rate Hike, Russia-Ukraine Conflict and Other Macro Factors Moving Bitcoin Price
Damanick Dantes, CoinDesk Markets Reporter, joins “All About Bitcoin” to present his BTC price analysis as macro factors continue to impact the state of the crypto market. Dantes discusses what Powell’s projected March rate hike mean for the crypto markets, and concerns about cryptocurrency usage by Russians to circumvent economic sanctions.
Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk
Bitcoin and other cryptos dipped as oil prices surged. Higher prices could lead to slower economic growth and market volatility.
