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



Videos

El Salvador Already Bought 550 BTC

El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Videos

El Salvador’s Bitcoin Law and Impact on Remittances

El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “The Hash” panel discusses the potential impact of El Salvador’s bitcoin adoption on its remittance payments and the country’s wider economy.

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Videos

Has Surveillance Become a Way of Life 20 Years After 9/11?

Saturday is the 20th anniversary of the September 11 attacks. “The Hash” panel reflects on its history and present legacy that has been left since, discussing its impact on today’s surveillance age and bitcoin’s emergence.

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Finance

Bukele’s MS-13 Double Bind

The Salvadoran President has had to operate in secret while negotiating with gangs. That has raised suspicions and lent aid to his critics.

SAN SALVADOR, EL SALVADOR - MAY 20:  MS-13 gang members languish in one of the three 'gang cages' in the Quezaltepeque police station May 20, 2013 in San Salvador, El Salvador. These overcrowded, 12x15 cages were designed to be 72-hour holding cells for common criminals and the two rival gangs, but many of the individuals have been imprisoned for over a year.  (Photo by Giles Clarke/Getty Images.)

Videos

Bitcoin Buying Opportunities to Watch

Mario Gomez Lozada, co-founder of crypto options and derivatives platform PowerTrade, discusses his reading of the crypto markets and explains key buying opportunities to watch for bitcoin. "I think we've seen a good pullback," Lozada said. "I don't think it's going to fall that much further." Plus, insights into BTC flows, spot activity, and ETH.

Recent Videos

Markets

Bitcoin Stalls at Support, Resistance at $50K

Upside momentum is slowing into the weekend, which can limit price rises.

Bitcoin daily price chart shows support and resistance levels.

Markets

Bitcoin Coasts Long-Term Moving Average as Investor Holdings Increase

The bullish market structure remains intact for the short-term, according to some.

Road to Uzés, France. (Simon Rae/Unsplash)

Learn

What Is a Bitcoin Futures ETF?

A bitcoin futures ETF is another type of regulated financial product that allows investors to indirectly participate in the bitcoin market.

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Markets

Market Wrap: Bitcoin Returns Above $46K; ‘Bored Apes’ Fetch $24M

Some analysts see a temporary retracement for bitcoin and expect buyers to step in.

Bitcoin 24-hour chart (CoinDesk)

Videos

Where Is Bitcoin Headed?

A new bitcoin four-hour price chart reveals the relative strength index (RSI) is oversold, which typically precedes a price bounce. However, the RSI is neutral on the daily and weekly chart, suggesting a period of consolidation between $42,000 support and $50,000 resistance could persist.

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