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

JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report

In his 30-page investigation that riffs on the 1941 film “The Maltese Falcon,” Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, slams blockchain and crypto to say bitcoin’s lofty valuations are the “stuff that dreams are made of.”

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Markets

Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K

Bitcoin's price will need to remain above $37,000 over the weekend in order to signal the start of a recovery phase.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Tops $40K for First Time in 2 Weeks

The price dipped Friday after the U.S. jobs report for January, but reversed as traders grew more confident that the downside is limited.

Bitcoin rallied Friday to top $40,000 for the first time in two weeks. (CoinDesk)

Videos

Stacks Co-Founder on Launching ‘Trust Machines’ to Open Up to Web 3

Trust Machines, co-founded by Stacks founder Muneeb Ali, has raised $150 million in funding for expanding Bitcoin as a platform for Web 3 applications. Ali shares insights into the launch of Trust Machines and the implications for the future of Bitcoin’s infrastructure.

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Learn

How to Buy Crypto on the Apps You Already Have

Buying bitcoin and other crypto assets doesn't have to be a painful and laborious process.

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Learn

How to Invest in Bitcoin Without Buying BTC

Regulated derivatives products allow investors to gain exposure to bitcoin without the hassle of dealing directly with crypto.

(Getty Images)

Finance

JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report

Michael Cembalest looks into bitcoin, DeFi, NFTs and more – and doesn’t like what he finds.

(Nathan Laine/Bloomberg via Getty Images)

Markets

US Jobs Report Shows Gain of 467,000 in January, Exceeding Expectations

Bitcoin traded slightly lower after the report, as the number keeps pressure on Fed to tighten.

Large group of business people (gremlin/Getty)

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