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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
Crypto Markets Analysis: Bitcoin, Ether Price Movement Stalls
The two largest cryptos by market cap are looking to establish new areas of support. Whether short-term holders will sell or stay and become long-term holders remains uncertain.

CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits
Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.

El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says
The country was the first in the world to use bitcoin as legal tender.

Bitcoin Sees 30% Rally in Last 2 Weeks
Bitcoin (BTC) is holding steady near $23,000 for another day, while ether (ETH) remains above $1,600. Matt Weller, Global Head of Research at Forex.com, discusses his outlook for the largest cryptocurrency by market capitalization.

First Mover Americas: Bitcoin's on a Tear, Up 30% in 2 Weeks
The latest price moves in crypto markets in context for Jan. 24, 2023.

Bitcoin's Weekly Options Trading Volume Rises to Highest Since FTX's Meltdown
The increase has been mainly driven by greater demand for call options, or bullish bets.

Bitcoin Breakout Has Opened Doors to $25K: Analysts
Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said.

Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low
Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said.

First Mover Asia: Ether Prices Fall Relative to Bitcoin
The ETH/BTC currency pair has declined 8% since Jan. 11 as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading.

Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue
FTX’s FTT token was up 8% for the day. Equities closed higher.
