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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How to Sell Bitcoin

Whether you want to spend or hold bitcoin, at some point you’ll probably want to sell some. Here's our guide on how to sell bitcoin.

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Markets

Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital

The Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin from bottoming out below $40,000.

Bitcoin volatility via spot market (Skew via QCP Capital)

Markets

There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone

“Supply, demand, adoption and advancing technology point to the crypto continuing to outperform fossil fuel in the next 10 years," according to the commodities analyst.

(James St. John/Creative Commons)

Markets

Bitcoin Stalls Near Resistance; Support Around $40K-$42K

Price weakness could persist into the Asia trading day.

Bitcoin four-hour price chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

What Advisors Should Know About Bitcoin and Inflation

Bitcoin can function as a store of value that avoids the inflation seen with fiat money and helps clients plan for and reach future goals.

(Kyle Hinkson/Unsplash)

Markets

Could These Products Tame Crypto’s Volatility Beast?

Two crypto products launched late last year, targeted squarely at advisors who are concerned about risk-averse clients, purport to ease bitcoin volatility through trading strategies. But there may be other ways to temper volatility risk in cryptocurrencies.

(Roberto Júnior/Unsplash)

Markets

First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News

The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.

Mountain climber

Markets

Market Wrap: Altcoins Rally as Bitcoin Buyers Return

FTM, XLM and SHIB were all up over 10% over the past 24 hours, compared with a 2% rise in BTC.

Retail traders were eager to get in on the bitcoin action.

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