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

Bitcoin Stabilizes Near $50K Support After Weekend Sell-Off

BTC is poised for a short-term bounce, although upside appears to be limited.

By Damanick DantesDec 6, 2021

Podcasts

Why Bitcoin Crashed

By Nathaniel WhittemoreDec 6, 2021

Videos

What Was the Catalyst for the Crypto Market Weekend Plunge?

Bitcoin is recovering after dropping nearly $10,000 in roughly an hour Saturday to as low as around $42,000. GlobalBlock CEO Rufus Round discusses the potential factors that contributed to the weekend plunge in the crypto markets.

Dec 6, 2021

Videos

Ether-Bitcoin Ratio Rises to 3 1/2-Year High as Crypto Crashed

Bitcoin tanked last week, pulling the broader crypto market lower. Meanwhile, the ether-bitcoin ratio rose 13%, reaching a three-and-a-half-year high and registering its best weekly performance since May. Is the "flippening" approaching? "The Hash" panel discusses the potential factors behind the crazy crypto markets' action.

Dec 6, 2021