Bitcoin Slips as US Economy Added a Strong 263K Jobs in November
The unemployment rate was unchanged at 3.7%.
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Dec 2, 2022 at 1:34 p.m. UTC
Dec 2, 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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First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report
The latest price moves in crypto markets in context for Dec. 2, 2022.
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Dec 2, 2022 at 1:14 p.m. UTC
Dec 2, 2022
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Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market
In the past, outsized gains in DOGE have paved the way for a broader market sell-off.
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Dec 2, 2022 at 9:22 a.m. UTC
Dec 2, 2022
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First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious
ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors' continued interest in crypto and may offer hope for the indu...
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Dec 2, 2022 at 12:52 a.m. UTC
Dec 2, 2022
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Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.
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Dec 1, 2022 at 10:15 p.m. UTC
Dec 1, 2022
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Levels to Watch for Bitcoin Amid FTX Gloom
Bitcoin (BTC) briefly bounced above $17,000 before retreating amid the continued fallout of crypto exchange FTX. StockCharts.com Senior Technical Analyst Julius de Kempenaer d...
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Dec 1, 2022 at 9:17 p.m. UTC
Dec 1, 2022
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Crypto Market Analysis: Ether’s Recent Strength vs. Bitcoin Reaches Key Crossover Signal
The sample size of crossovers of 10- and 100-day moving averages for ETH and BTC is small but worth watching. A positive crossover is often a bullish sign.
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Dec 1, 2022 at 8:12 p.m. UTC
Dec 1, 2022
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November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes
The employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to the central bank chair.
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Dec 1, 2022 at 8:11 p.m. UTC
Dec 1, 2022
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First Mover Americas: Crypto's November Fall
The latest price moves in crypto markets in context for Dec. 1, 2022.
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Dec 1, 2022 at 1:20 p.m. UTC
Dec 1, 2022
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Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders
The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.
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Dec 1, 2022 at 9:05 a.m. UTC
Dec 1, 2022