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



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What’s Driving Bitcoin Price Movement?

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks. Marc Lopresti, co-managing director at The Strategic Funds, discusses the new support and resistance levels to watch for bitcoin as indicators of a continued bull market.

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Mercados

Nem todas as criptomoedas são escassas como o Bitcoin

Para muitas criptomoedas e ativos digitais, a escassez é uma parte fundamental do seu valor. Mas nem toda escassez é criada da mesma forma.

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Bitcoin Crowd Appears High on ‘Hopium’ as ‘Buy The Dip’ Trends

As bitcoin nurses a weekly price drop of 9%, its social metrics indicate the retail crowd is high on “hopium,” crypto slang for hopes of a quick recovery and a continued bull run. New data reveals “buy the dip” mentions on social media rose to 952 Tuesday, hitting the highest levels since Sept. 7, when bitcoin crashed by 11%. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Global Macro Factors Impacting Bitcoin Price

Bitcoin is stabilizing around the $60,000 support level after declining about 15% from an all-time high near $69,000. CoinDesk Director of Data and Indexes Galen Moore discusses the macro factors that may be impacting the price of bitcoin and the wider crypto markets. Plus, his views on shifting global risk appetites towards cryptocurrencies.

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Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador

El Salvador now has the world's third-largest bitcoin ATM network. This comes as Athena Bitcoin has installed around 200 bitcoin ATMs in the country as part of a plan to install 1,500 machines in total. Athena Bitcoin CEO Eric Gravengaard shares insights into the scope of his firm's involvement in scaling bitcoin ATMs in El Salvador. Plus, an update on the country's bitcoin rollout and the remaining challenges ahead.

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Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support

Bitcoin fell below $60,000 during mid-European hours early Tuesday, extending early weakness and testing the 50-day moving average (MA) for the first time since Oct. 1. Analysts said a pullback was expected and has normalized the elevated funding rates, or costs associated with holding long positions, in the perpetual futures market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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VanEck Bitcoin Futures ETF ‘XBTF’ Launches on CBOE Exchange

After weeks of delays since winning U.S. Securities and Exchange Commission (SEC) approval in late October, investment firm VanEck’s bitcoin futures ETF started trading on the CBOE exchange Tuesday. The new ETF, which trades under stock ticker XBTF, jumped into the competition with a lower cost than two similar funds launched recently. When will the U.S. get a bitcoin spot ETF?

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Bitcoin Enters Pullback Mode, Is This a Buying Opportunity?

Broadhaven Capital Partners Co-founder and Partner Michael Sidgmore discusses his bitcoin analysis and outlook as the cryptocurrency is trading more than 6% lower on the day near $59,800.

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