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

Derivatives Data Shows Softening Crypto Enthusiasm

The wind seems to be out of crypto’s sails for now.

By Lawrence LewitinnJan 16, 2022

This may take some time (step-svetlana / Pixabay).

Finance

Strike App Won’t Support Bitcoin in Argentina

The company trumpeted its expansion into Argentina earlier this week, but the Lightning Network-powered app is only supporting Tether’s stablecoin in the country.

By Andrés EnglerJan 14, 2022

Buenos Aires, Argentina (Sasha Zvereva/Unsplash)

Markets

Market Wrap: Bitcoin Trading Volume Dips; Dogecoin Rallies

DOGE is up 20% over the past week, compared to a 3% rise in BTC.

By Damanick Dantes, Angelique ChenJan 14, 2022

Videos

Bitcoin Price: Still Room to Fall?

Bitcoin's price could continue to fall as the "death cross" pattern looms on its daily charts by some estimates. "All About Bitcoin" discusses BTC's possible outcomes next week and short-term signals to watch. Plus, an update on the state of crypto adoption in Rio de Janeiro, Brazil, as the city plans to invest 1% of its treasury into bitcoin.

Jan 14, 2022