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 Price Breaks Out to Highest in Almost 3 Weeks

Bitcoin's price is moving in line with major indices, but it's too early to say whether this is a sustained rally.

Bitcoin was up 4.1% in the past 24 hours. (CoinDesk)

Markets

Bitcoin Rises Above $42K; Resistance at $46K-$50K

Momentum is turning bullish over the short term.

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors

Crypto markets added nearly 3.2% to their overall market cap in the past 24 hours, data shows.

(jayk7/Getty Images)

Markets

3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks

The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said.

Bitcoin tops $43K even as Powell opens the doors for a 50 basis point rate hike. (CoinDesk, Highcharts.com)

Markets

First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

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Videos

Wasabi Wallet Contributor on Blacklisting Certain BTC Addresses

Max Hillebrand explains why Wasabi Wallet’s CoinJoin coordinator is blacklisting certain bitcoin transactions, highlighting ambitions to exclude known criminals from the network.

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Videos

Is BTC Acting Like a Risk Asset Amid Soaring Inflation?

Wave Financial’s Justin Chuh joins “All About Bitcoin” to discuss how bitcoin spot trading has been impacted by macro factors like rising inflation rates and the Russia-Ukraine crisis. Plus, insights into bitcoin possibly showing a correlation with risk assets and how quantitative tightening could ease inflation.

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Markets

Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Some traders expect greater price swings after month-end volatility selling.

U.S. Federal Reserve (Shutterstock)

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