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

Declining Interest in Bitcoin-Margined Futures Promises Less Price Volatility

With volatility likely to subside, more mainstream money may flow into the market.

Declining interest in crypto-margined futures (Glassnode, Delphi Digital)

Finance

IMF Views ‘Cryptoization’ as Threat to Global Economy

In its semi-annual Global Financial Stability Report, the IMF says the adoption of a cryptocurrency as national currency “carries significant risks and is an inadvisable shortcut.”

The International Monetary Fund published a report on the policy considerations for issuing a central bank digital currency Monday.

Videos

Bitcoin Facing Impending Bull Cross

Bitcoin is in retreat despite a pickup in blockchain activity and a long-term technical indicator that is about to turn bullish. The 100- and 200-day moving averages (MA) look to be on track to print a bullish crossover in the next few days for the first time in 16 months.

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Videos

Toroso Investments CIO: BTC to Reach $100K by Year's End

Michael Venuto, chief investment officer at Toroso Investments, discusses his assessment of bitcoin as the cryptocurrency experiences a pullback, explaining why he maintains his bullish outlook bitcoin could reach $100,000 by the end of the year. ​Plus, reactions to JPMorgan Chase CEO Jamie Dimon bashing bitcoin again and calling it "worthless.

Recent Videos

Videos

The ESG Debate of Bitcoin Mining

Justin Podhola, CEO of Elite Mining, provides insights into the great bitcoin energy debate and its impact on environmental, social and corporate governance (ESG) investing. Plus, how Elite Mining is pursuing sustainable mining solutions.

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Markets

Market Wrap: Bitcoin Declines as Indicator Shows Rally Could Lose Steam

Comments from J.P. Morgan CEO Jamie Dimon contributed to a sour mood across crypto markets.

Bull and bear (Shutterstock)

Tech

What Jamie Dimon Doesn’t Understand About Bitcoin

The JPMorgan CEO thinks the bitcoin supply cap is changeable. He ain’t wrong, but he definitely ain’t right.

Becky Quick and Jamie Dimon (Financial Times/Flickr)

Markets

Bitcoin Takes a Breather, Could Find Support at $50K-$52K

Upside momentum is slowing, although pullbacks could be limited into Asian trading hours.

Bitcoin's four-hour chart (CoinDesk, TradingView)

Videos

How Far Can This Bitcoin Rally Go?

Bitcoin is eyeing $60,000, but can the rally be sustained? Mannik Dhillon, VictoryShares and Solutions president at Victory Capital, discusses what he sees as “fundamental catalysts that are developing” to support continued upward momentum. Plus, his take on whether a futures ETF could be bullish for crypto.

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