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

Bitcoin Breaks $43K Despite Powell's Call for New Regulations on Crypto

Marc Lopresti, The Strategic Funds' managing director, discusses the recent upswing in the crypto markets amid Fed Chair Jerome Powell’s statements on a digital dollar and Terra Luna’s purchase of $125 million worth of bitcoin. Plus, a conversation about investor interest in various altcoins like Solana, AVAX, and ether, and traditional finance’s ongoing effort to enter the DeFi space.

Recent Videos

Finance

CME Bitcoin Futures Premium Hits Highest Level Since Early January

The latest moves in crypto markets in context for March 24, 2022.

CME Group's headquarters in Chicago (Bloomberg/Getty images)

Markets

What Does It Mean to Truly Adopt Bitcoin?

Bitcoin’s real adoption level is much lower than many people think – and that means its potential upside is much higher.

(Choong Deng Xiang/Unsplash)

Opinion

Bitcoin Is Far More Than a New Form of Money

Bitcoin is a complex financial ecosystem with its own currency, and independent of traditional financial platforms.

"Oracle" projects like Pyth and Chainlink help to feed real-world data – such as asset prices – onto blockchain-based protocols and applications. (Unsplash)

Videos

Bitcoin as an Economic Lifeline Amid Russia-Ukraine War

Human Rights Foundation’s Alex Gladstein explains the crucial role of cryptocurrency in the Ukraine war as displaced Ukrainians turn to digital assets for storage of funds.

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Policy

US Senate to Consider Bill Examining El Salvador's Bitcoin Experiment

The bill, which was passed out of committee on Wednesday, generated the displeasure of El Salvador's president, Nayib Bukele.

U.S. Capitol Building (Ian Hutchinson/Unsplash)

Markets

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

India Parliament building (Unsplash)

Markets

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts

Recent price bounces have lacked conviction among crypto traders, especially in the futures market.

Oso contra toro. (Getty)

Videos

BTC Correlation to the S&P 500 Hitting 17-Month High

The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.

Recent Videos

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