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

Finance

First Mover Americas: Ether Options Shed Bearish Skew for First Time in 2 Months, ETH/BTC Ratio Eyes Big Move

The latest moves in crypto markets in context for March 23, 2022.

By Omkar GodboleMar 23, 2022

Opinion

Vitalik Buterin Should Let Ethereum Be Ethereum

The Ethereum co-founder has spoken about ensuring developers do what he considers the right things with their projects, but he would be better off accepting where the platform’s users lead, imperfections and all.

By Eric SealMar 23, 2022

Vitalik Buterin, co-founder of Ethereum, speaks during the 2022 ETHDenver conference in Colorado. (Chet Strange/Bloomberg via Getty Images)

Markets

Bitcoin's Correlation to S&P 500 Hits 17-Month High

The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to its highest level since October 2020.

By Omkar GodboleMar 23, 2022

Bitcoin's fortune appears closely tied to stocks. (Pixabay, modified by CoinDesk)

Markets

First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation for the Monetary Authority of Singapore's decision to place crypto fund DeFiance Capital on an "Investor Alert List;" bitcoin and major cryptos surge.

By Sam Reynolds, Damanick Dantes, James RubinMar 22, 2022

Finance

El Salvador Postpones Bitcoin Bond: Report

The country's finance minister said the offering may come as late as September, according to Reuters.

By Nelson WangMar 22, 2022

Podcasts

Biden’s Executive Order and More Regulatory Updates

By Tyrone RossMar 22, 2022

PlannerDAO, the DAO Built for and by Financial Advisers

Videos

BTC Jumps as Goldman Sachs and Bridgewater Enter Crypto

Hxro co-Founder and CEO Dan Gunsberg discusses bitcoin’s recent price upswing, noting growing institutional interest as Goldman Sachs and Bridgewater enter the crypto space. Plus, a discussion on how a recent announcement from Terra Luna could have had a short-term impact on BTC price.

Mar 22, 2022

Videos

BTC Price Breaks Out to Highest Point in 3 Weeks

Christine Lee explains how bitcoin’s recent price surge pushed the overall market capitalization back above $2 billion, a value not seen since the eruption of war between Russia and Ukraine. This jump follows yesterday’s price stumble attributed to Federal Reserve Chair Jerome Powell’s hawkish remarks regarding rate hikes.

Mar 22, 2022

Markets

Fed Chair Powell’s Hawkish Stance on Inflation Could Hurt Crypto

Interest rate hikes could drive down crypto, especially because of its strong correlation with traditional financial markets, analysts say.

By Helene BraunMar 22, 2022

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, D.C, U.S., on Monday, March 21, 2022. The theme of this year's annual meeting is "Policy Options for Sustainable and Inclusive Growth." (Valerie Plesch/Bloomberg via Getty Images)

Markets

Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform

BTC rose above $42K while ETH topped $3K for the first time in two weeks.

By Damanick Dantes, Angelique ChenMar 22, 2022

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