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

First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge

The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline.

By Shaurya Malwa, Damanick Dantes, James RubinMar 31, 2022

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Markets

Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April

Bitcoin and stocks are entering a seasonally strong period.

By Damanick Dantes, Angelique ChenMar 31, 2022

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Videos

What’s Driving the BTC Price Dip?

MarketGauge's Michele Schneider discusses the possible catalysts for bitcoin market moves, citing a recent vote in the European Union to move forward with restrictive crypto regulations and increased buying by whales like MicroStrategy. Plus, a discussion about bitcoin as a risk-on or risk-off asset and why Schneider is optimistic about Luna, Avalanche, and Solana.

Mar 31, 2022

Videos

BTC Monthly Gains Resemble June 2021 Reversal; Possible Bull Run Ahead?

According to new TradingView data, the structure of bitcoin’s consecutive monthly gains following a three-month losing streak resembles the reversal higher seen after June 2021, before BTC shot to $69,000 in November. Plus, the triangle breakout from this month shows a bullish formation. “All About Bitcoin" host Christine Lee presents the Chart of the Day.

Mar 31, 2022

Markets