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’s Inflation Narrative More Compelling Than ETF Fever, JPM Says

The Wall Street bank is trying to pinpoint the fuel behind bitcoin’s latest rally.

By Michael BellusciOct 21, 2021

JPMorgan analysts are trying to figure out what's driving bitcoin. (Getty Images)

Podcasts

Is Crypto Really a Threat to Financial Stability?

By Dan Ilett, Anna Baydakova, Danny Nelson, Benjamin Schiller, Danny BradburyOct 21, 2021

Videos

Total Crypto Market Cap Surpassed $2.7T For the First Time

Amid bitcoin's rally to a new all-time high Wednesday just under $67,000, the market capitalization for all cryptocurrencies has pushed to a new record of $2.7 trillion. What does that mean for crypto and finance? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Oct 21, 2021

Videos

Bitcoin Tumbles in Quick Retreat From All-Time High

Joe DiPasquale, CEO of crypto hedge fund BitBull Capital, discusses what to make of bitcoin's biggest price pullback in almost a month in a sharp retreat just a day after reaching a new all-time high price near $67,000. Plus, his views on buying opportunities to watch, bitcoin futures ETFs, areas of investment interest for BitBull, and price predictions.

Oct 21, 2021

Videos

Apifiny Debuts Instant Transfers for Institutional Crypto Traders

Digital asset marketplace Apifiny is debuting instant transfers of funds for institutional crypto traders Thursday between different crypto exchanges. CEO Haohan Xu discusses insights into the launch, end of year forecast for bitcoin’s price, and advice for investing in bitcoin futures ETFs amid volatility.

Oct 21, 2021