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



Finanza

SEC Rejects VanEck’s Spot Bitcoin ETF Proposal

The decision did not come as a surprise given SEC chair Gary Gensler’s preference for a bitcoin futures ETF.

Bitcoin Climbs Above $60K After Report SEC Won’t Block Futures ETF

Politiche

Off the Charts: Supply Chain Angst

Is inflation in the U.S. the product of monetary policy or supply chain problems?

(Andy Li/Unsplash)

Finanza

AMC Theatres to Accept Bitcoin, Ether for Online Payments

CEO Adam Aron said dogecoin will be next.

(Donreál Lunkin/Unsplash modified by CoinDesk)

Mercati

Market Wrap: Bitcoin Stabilizes as Traders Prepare for Taproot Upgrade

Analysts expect further upside despite short-term price swings.

Bitcoin 24-hour price chart (CoinDesk)

Mercati

Bitcoin Retreats From All-Time High, Ether Follows

The shakeout appeared to coincide with a turn lower in U.S. stock markets.

Bitcoin and ethereum hourly chart (Trading View)

Video

Rapper Money Man Becomes the First Artist to Receive Advances in Bitcoin

Atlanta-based multi-platinum rapper and entrepreneur Money Man has become the first artist to receive advances in bitcoin. Music label Empire paid its first artist advance in BTC to Money Man worth $1 million through Square's Cash App. Money Man, along with Empire CEO and founder Ghazi, share their insights.

Recent Videos

Video

Makara CEO: Bitcoin's Pullback a 'Natural, Healthy Movement in the Market'

Jesse Proudman, CEO of crypto investment advisor Makara, discusses his bitcoin analysis as it retreats from an all-time-high near $69,000. The pullback is a "natural, healthy movement in the market as we continue to move up," Proudman said. Plus, his views on bitcoin as an inflation hedge, buying trends to watch among investors, and reactions to Miami Mayor Francis Suarez's crypto ambitions for the city.

Recent Videos

Video

Bitcoin and Stock Markets Demonstrate Stronger Positive Price Correlation Amid Inflation Fear

The closing price of the U.S. stock indexes, alongside bitcoin and ether over seven days, reveals the bearish reaction to rising inflation. The 90-day correlation between bitcoin and the S&P 500 has increased from around zero in June to about 0.3% now, representing a slightly positive price relationship. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

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