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: resistencia por debajo de $40K y soporte en $30K-$32K

BTC corre el riesgo de colapsar a medida que el impulso de los precios se desacelera.

By Damanick DantesMay 3, 2022

Bitcoin gráfico diario muestra soporte/resistencia RSI (Damanick Dantes/CoinDesk, TradingView)

Finance

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

The software firm owns 129,218 bitcoins valued at just under $5 billion.

By Nelson WangMay 3, 2022

MicroStrategy CEO Michael Saylor (MicroStrategy via Flickr)

Videos

BTC Could Drop to $33K, Investors Looking at ETH

MarketGauge Group Managing Director Michele Schneider shares her bitcoin price outlook, suggesting that in the short term the “digital gold” could go as low as $33,000. Plus, why ETH could outperform BTC, expected announcements from the Federal Reserve and activity in the commodities markets.

May 3, 2022

Videos

Bitcoin Skew Shows Put Bias Intact

Stronger demand for puts or bearish bets are indicated as bitcoin’s put-call skews, or implied volatility of calls minus puts, continues to hover just above zero. Plus, a look into BTC’s relative strength index as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 3, 2022

Videos

Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns

Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of new mining technology, his investment strategy in decentralized finance (DeFi) and the crypto mining landscape in other countries like Venezuela. Plus, a conversation on the environmental concerns of proof-of-work mining.

May 3, 2022

Markets