Share this article

MARKETS DAILY HOLIDAYS: What's a 'Satoshi'?

On today's holiday episode of Markets Daily, we take a look at the term "Satoshi" – its origin, what it means and why it matters.

Updated Sep 13, 2021, 11:52 a.m. Published Dec 23, 2019, 5:39 p.m.
Markets Daily Dec 23rd front

On today's holiday episode of Markets Daily, we take a look at the term "Satoshi" – its origin, what it means and why it matters.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Bitcoin rises above $89,000, showing rare gain in U.S. trading

BTCUSD (TradingView)

Open interest data suggests the advance is likely short-covering, rather than fresh longs entering the market.

What to know:

  • Bitcoin was trading higher during U.S. market hours, marking a notable shift after a month in which BTC fell roughly 20 percent cumulatively while American stocks were open.
  • Declining open interest suggests the move is driven by short-covering rather than fresh leveraged longs.
  • Broader crypto markets remain fragile as ETF outflows, tax-related positioning, and light holiday liquidity pressure prices.