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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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Bitcoin’s Exchange Balance Hits 3.5-Year Low

According to Glassnode data, the number of coins held on exchanges declined by more than 20,000 BTC last week, reaching the lowest since August 2018. Plus, a conversation about the percentage of inactive bitcoin reaching a record high of almost 64% as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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Is Bitcoin an Inflation Hedge or Currency?

Providence Financial and Insurance Services Founder Anthony Saccaro shares his bitcoin price outlook, discussing BTC’s use as an inflation hedge and a currency while noting its growing correlation with the stock market. Plus, why Goldman Sachs is speculating the possibility of a recession within the next two years and what this means for crypto.

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Nasdaq Exec on Possibility of a US Spot Bitcoin ETF

Nasdaq Head of Digital Asset Index Research Jake Rapaport discusses the Nasdaq survey that shows the growing demand for a spot bitcoin ETF in the U.S. as institutional investment in crypto shows no signs of slowing down. Rapaport also explains what regulators would need for approval. Plus, a conversation on Nasdaq’s interest in blockchain technology and decentralized finance (DeFi). 

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FalconX Exec on BTC Slipping Below $40K, Crypto Swap Initiative

FalconX Chief of Staff Austin Reid discusses the current state of the crypto markets as bitcoin slips below $40,000 while investors prepare for Tax Day. Plus, a conversation about institutional interest in altcoins and FalconX recently becoming the first CFTC-registered cryptocurrency swap dealer. 

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Could Bitcoin Become Legal Tender in Mexico?

Mexican senator Indira Kempis recently introduced a bill proposing that bitcoin become legal tender in the country. Felipe Vallejo, chief regulatory officer at Mexico-based crypto exchange Bitso, the first crypto unicorn in Latin America, joins "Community Crypto" to weigh in on whether that prospect could become reality by following El Salvador's example.

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La Haus Exec on Accepting Bitcoin for Property Purchases in Latin America

La Haus, a Latin American proptech company, is now accepting bitcoin for home purchases through on-chain transactions and the Lightning Network. La Haus Vice President Jehudi Castro-Sierra joins "Community Crypto" to share insights on how this works and the implications of crypto in real estate.

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Why is BTC Moving in Sync With Nasdaq?

GlobalBlock Market Analyst Marcus Sotiriou shares his bitcoin price outlook as bitcoin moves in sync with the Nasdaq and S&P 500, noting macro factors like the U.S. Core Producer Price Index (PPI). Sotiriou also discusses bitcoin’s use as a global reserve asset, referencing El Salvador and the Luna Foundation Guard. Plus, a conversation about tech billionaire Elon Musk’s ambition to buy Twitter and its potential market impact. 

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BTC Down 8% This Week, Slightly Up Over Past 30 Days

Bitcoin’s price continued to bounce around $40,000 this week, with an 8% drop over the last seven days but a slight positive increase when looking at the past 30 days. Plus, a conversation about momentum signals and the 100-week moving average as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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BTC Withdrawals Signal Possible Bull Run Ahead

The current rate at which bitcoin is being withdrawn from exchanges resembles that of May and September 2020 and September 2021, possibly indicating a bull case for BTC. Plus, a conversation about on-chain activity and sell-side risk as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

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