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

First Mover Asia: Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge

Fernando Martinez, OSL's head of Americas, said global, institutional trading volume is higher than it was in 2021, the best year in the crypto exchange’s history. Altcoins have a good day.

By Sam Reynolds, James RubinJun 23, 2022

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Videos

Bitcoin Back Above $20K as Analysts Debate Buying the Dip

Gerber Kawasaki President & CEO Ross Gerber shares his bitcoin analysis and strategy as the cryptocurrency climbs back above $20,000. Is now the time to buy?

Jun 23, 2022

Videos

Chainalysis Exec on Leveraging Blockchain Transparency to Prevent Market Contagion

Chainalysis Director of Research Kimberly Grauer shares insights into her findings on bitcoin (BTC) prices, tech stocks and the DeFi ecosystem, and what they reveal about the need for transparency of blockchain data amid fears of crypto market contagion.

Jun 23, 2022

Markets

Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K

Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.

By Krisztian Sandor, Jimmy He, Helene BraunJun 23, 2022

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Videos

Bitcoin Could Go as Low as $14K: Bitfreedom

Bitcoin has a history of 80% drawdowns from all time highs as tracked by Bitfreedom Research, which says BTC could go as low as $14,000 this year if we repeat another 80% drawdown from bitcoin’s previous high of about $69,000 touched last November.

Jun 23, 2022

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