Bitcoin bull says a big breakout could be ahead for the cryptocurrency

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  • CNBC Television published this video item, entitled “Bitcoin bull says a big breakout could be ahead for the cryptocurrency” – below is their description.

    Bitcoin bull Brian Kelly says a breakout could lie ahead. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami and Dan Nathan.

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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  • In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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