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Bitcoin
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
Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days
The SEC delaying a decision about spot BTC ETFs could leave the market without a catalyst until early January, K33 analysts said this week.

Strike Rolls Out Bitcoin Purchases To Users Globally
The Bitcoin app company is also partnering with Bitrefill to allow customers to pay for goods via the Lightning Network.

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

First Mover Americas: SEC Delays Decision on Hashdex’s ETF Application
The latest price moves in crypto markets in context for Nov. 16, 2023.

Bitcoin Could Reach $45K by Year-End, Analyst Says
Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.

Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says
Solana's SOL continued to pace gains for altcoins.

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy
The company's plan highlights Hong Kong's rising profile as a digital asset hub.

CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.
