Bitcoin

Fourteen years ago on Halloween, the idea of bitcoin was hatched and since then, the world of cryptocurrency has taken off, most recently experiencing a meteoric rise and fall in the last year. To mark the white paper that started it all, Yahoo Finance is kicking off its first episode in a series on crypto that hits the basics of what this newer technology is and how its assets have swept into finance. Whether you’re a staunch believer like Jack Dorsey and sometimes Elon Musk or longtime… Source link

Happy white paper day, Bitcoin. It’s been 14 years since Satoshi Nakamoto first sent an email to the Cypherpunk mailing list with the subject line, “Bitcoin P2P e-cash Paper.” The email included a link to the white paper, an outline of what would soon become a one trillion-dollar market.  The first sentence of the email has become iconic among the Bitcoin community: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” Over… Source link

“Spot prices DO INDEED look constructively bullish … but that said, Q4-22 doesn’t resemble the Q4-20 environment, where buying call exposure was the right move to make,” Gregoire Magadini, CEO of Genesis Volatility, said in a weekly newsletter. “[build] Tactial long but don’t ape into unhedged calls.” Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital currencies have fallen sharply since a scorching run in 2021 which saw bitcoin climb as high as $68,990. But for the past few months, bitcoin’s price has bounced stubbornly around $20,000 in a… Source link

Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader avoids new longs below $21,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling levels just below $21,000 on the day. Weekend trading had produced an early return above the $21,000 mark, this short lived as Bitcoin bulls failed to offer the volume to sustain higher levels. Now, popular… Source link

Bitcoin has yet to be toppled from the top position in the cryptocurrency world by any altcoin. It is widely regarded as the first-ever blockchain-based cryptocurrency. From 2009 to now, Bitcoin, which was supposed to be ‘electronic cash’, has not been widely accepted as a form of money. When the idea of Bitcoin was floated, its creator/s Satoshi Nakamoto pitched it as ‘electronic cash’, and not as any speculative asset. At that time, Bitcoin was neither considered an alternative to… Source link

Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of hibernation As BTC/USD stages something of a comeback in the second half of October, hodlers are changing their behavior after a year-long bear market. According to Glassnode, the number of Bitcoin previously stationary in their wallet for 7-10 years but not… Source link

BT Series The increase in the price of the most significant world indices, namely the S&P 500 (NYSEARCA:SPY) and Nasdaq 100 (NASDAQ:QQQ) by 5% this week contributed to the growth of investment interest in cryptocurrencies, which are still under pressure. The economic situation in the world continues to deteriorate due to rising inflation, which entails an increase in the cost of mining equipment. The economic growth of China, which is the second largest Bitcoin mining country, slightly… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link