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 Hovers Near 200-Hour MA and Close to Its Support

The cryptocurrency is down for a second straight day.

By Omkar GodboleOct 13, 2021

Markets

Declining Interest in Bitcoin-Margined Futures Promises Less Price Volatility

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

By Omkar GodboleOct 13, 2021

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.”

By Cheyenne LigonOct 13, 2021

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.

Oct 12, 2021

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.

Oct 12, 2021

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.

Oct 12, 2021

Markets