Bitcoin Holds Short-Term Support at $46K; Resistance at $50K
The tight price range could persist into the Asia trading day.
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Dec 14, 2021 at 8:12 p.m. UTC
Dec 14, 2021
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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Should You Buy the Dip in Bitcoin?
Bullish sentiment is beginning to fade for bitcoin and the wider crypto markets, but should you buy the dip, or is it sell-off season?
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Dec 14, 2021 at 4:55 p.m. UTC
Dec 14, 2021
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Bitcoin Struggles to Break $47K as Fed Meeting Looms
Cryptocurrency investors may be moving to take risk off the table, with the Federal Reserve expected to accelerate withdrawal of its unprecedented monetary stimulus in the fac...
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Dec 14, 2021 at 4:01 p.m. UTC
Dec 14, 2021
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Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market
Backwardation refers to a market condition where futures prices trade lower than the spot price.
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Dec 14, 2021 at 7:25 a.m. UTC
Dec 14, 2021
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The Future of Crypto: The Industry That Once Focused Solely on Bitcoin Is Rapidly Evolving
Developers are striving to find decentralized blockchain products that are both scalable and secure.
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Dec 14, 2021 at 3:44 a.m. UTC
Dec 14, 2021
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First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting
An expected interest rate hike could spook investors away from higher-risk assets; the top 20 altcoins by market capitalization were firmly in the red.
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Dec 13, 2021 at 11:31 p.m. UTC
Dec 13, 2021
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Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October
Some miners have lost almost 50% of their market capitalization since bitcoin reached its all-time high in November.
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Dec 13, 2021 at 10:27 p.m. UTC
Dec 13, 2021
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11 Years Ago Today, Satoshi Disappeared
How Bitcoin was changing in fall 2010 and what it means for today.
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Dec 13, 2021 at 9:47 p.m. UTC
Dec 13, 2021
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How the Economics of Bitcoin and Ethereum Shape Their Cultures
Different cryptocurrency networks will form distinct societies.
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Dec 13, 2021 at 9:45 p.m. UTC
Dec 13, 2021
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Could Crypto Retreat Further Amid US Inflationary Woes?
Bitcoin and the wider crypto markets continue to drift lower despite bullish signals including rising inflation. Wave Financial’s Justin Chuh discusses the potential reasons b...
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Dec 13, 2021 at 9:34 p.m. UTC
Dec 13, 2021