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

Revolution, Macro and Micro: Three Ways to Look at a Bitcoin Investment

Understanding the three main investment theses of bitcoin will help you not only allocate to it for clients but also parse through cryptocurrency news, analysis and commentary.

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Markets

How Advisors Can Add Value to Clients With Crypto

Being a crypto-competent advisor can help to differentiate yourself from other financial professionals and add value to your client relationships and practice.

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Markets

Bitcoin Rally Holds Support Above $52K, Next Resistance Near All-Time High

Pullbacks could be limited given strong upside momentum.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Bitcoin’s Options Market Is Now Skewed Bullish Across All Time Frames

Premiums paid for downward protection in bitcoin are getting cheaper.

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Markets

Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline

The breakout is backed by a pickup in volumes and accumulation by so-called whales.

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Markets

Bitcoin Futures Premium on CME Surges, Hinting At Institutional Demand

A futures-based ETF, if approved, could bring more buying pressure for the CME futures.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Markets

Bitcoin Price Rally Fueled by Whales’ $1.6B Buy, Blockchain Data Shows

But why the whales made their buys on an exchange instead of an over-the-counter desk remains unclear.

Bulls fighting. (Bykofoto/Shutterstock)

Markets

Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform

Bitcoin is outperforming on hopes of a U.S. ETF approval.

Bitcoin 24-hour chart (CoinDesk)

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