Bitcoin Reverses Earlier Dip, Resistance Stands at $46K
BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.
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Feb 10, 2022 at 6:34 p.m. UTC
Feb 10, 2022
Bitcoin
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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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To Understand Bitcoin, We Need to Understand What Money Is
How do financial experts reach vastly different conclusions about bitcoin and its role? The answer lies in a misunderstanding of what money is.
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Feb 10, 2022 at 1:50 p.m. UTC
Feb 10, 2022
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Crypto Markets Remain Flat as Bitcoin Sees Institutional Buying
Price chart indicators show the cryptocurrency is still far from the overbought zone and may run further, according to analysts.
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Feb 10, 2022 at 11:27 a.m. UTC
Feb 10, 2022
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CleanSpark Mulling Strategic Options for Its Legacy Energy Business
The company wants to focus solely on bitcoin mining.
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Feb 9, 2022 at 11:44 p.m. UTC
Feb 9, 2022
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First Mover Asia: Cryptos Turn Green on Red-Letter Russia News
Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world's 11th-largest economy announced it would regulate instead of ban cryptocurrencies.
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Feb 9, 2022 at 11:28 p.m. UTC
Feb 9, 2022
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Market Wrap: Bitcoin and Stocks Rise, Signaling Greater Investor Appetite for Risk
BTC was up 3% over the past 24 hours versus a 6% rise in ETH.
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Feb 9, 2022 at 9:17 p.m. UTC
Feb 9, 2022
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Bitcoin Recovering Between $40K Support and $46K Resistance
BTC trading volume is ticking higher as buyers defend intraday support levels.
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Feb 9, 2022 at 7:52 p.m. UTC
Feb 9, 2022
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El Salvador Bitcoin Bond Issuance Coming as Soon as March 15: Finance Minister
In a TV appearance, Alejandro Zelaya also confirmed that the coupon for the paper will be 6.5%.
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Feb 9, 2022 at 4:49 p.m. UTC
Feb 9, 2022
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Pro-Bitcoin California Congressional Candidate: BTC is a ‘Way For Economic Justice,’ Lightning Network ‘is the Future’
Aarika Rhodes, U.S. congressional candidate for California’s 32nd District seeking to unseat Congressman Brad Sherman (D-Calif.), explains bitcoin as “a way for economic justi...
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Feb 9, 2022 at 4:39 p.m. UTC
Feb 9, 2022
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5 Tips for Traveling in El Salvador Spending Only Bitcoin
Even though President Bukele has made the cryptocurrency legal tender, it isn't super easy for visitors to get by on bitcoin alone. But with a few tricks, it's possible and fu...
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Feb 9, 2022 at 3:54 p.m. UTC
Feb 9, 2022