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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
Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin
The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin.

Alameda Research Sold Ether-Based Token Holdings for Bitcoin Over Past 24 Hours: On-Chain Data
Millions of dollars worth of tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were liquidated and ultimately exchanged for bitcoin Wednesday as the firm's founders face criminal charges related to the collapse of Alameda and FTX, according to onchain data cited by Arkham Intelligence. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains what we know so far.

Silver Linings in 2022 Performance for BTC and ETH
Andrew Baehr, CFA, CAIA, CoinDesk Indices Managing Director, discusses the silver linings in the performance of bitcoin (BTC) and ether (ETH) in 2022, despite the significant price declines in the two largest cryptocurrencies by market capitalization year-to-date. Plus, insights about the rest of the market, beyond bitcoin and ether.

Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO
Emiliano Grodzki, the outgoing CEO, co-founded the Canadian company in 2017.

First Mover Americas: Gemini Sued Over Interest-Earning Product
The latest price moves in crypto markets in context for Dec. 29, 2022.

First Mover Asia: Bitcoin Retreats Further Into the Gloom
The largest crypto by market capitalization dropped below $16,500 at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances with FTX topping the list.

Bitcoin Remains Resilient Above $16K Despite FTX Fallout
Bitcoin (BTC) is drifting slightly lower Wednesday, but not by much, as investors continue their year-end hibernation. The largest cryptocurrency by market capitalization has remained resilient above the $16,000 support level, despite the widening fallout from the implosion of crypto exchange FTX. "All About Bitcoin" host Christine Lee presents "The Chart of the Day."

Bitcoin Drifting Lower As Crypto Winter Persists
Bitcoin (BTC) drifted lower to around $16,600 in Tuesday trading as crypto prices remain frozen amid a prolonged winter. Umee Founder and CEO Brent Xu discusses crypto's lack of volatility and the impact of recent bankruptcy filings on crypto debt platforms' reputation. Plus, his markets outlook and insights on exchange Kraken ending operations in Japan.
