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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 Today: Binance.US to Buy Voyager Digital's Assets; Bitcoin Slides Into the Red
Top assets in the crypto market slid around 1%.

Could FTX Collapse Trigger a Crypto Domino Effect?
Bitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.

Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (in the Inverse)
Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices.

The 10 Biggest Developments in Bitcoin in 2022
Whether it's the Taro upgrade or growth in the Lightning Network, Bitcoin has seen steady progress this year, says Cory Klippsten, Tomer Strolight and Sam Callahan of Swan Bitcoin.

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC
The latest price moves in crypto markets in context for Dec. 19, 2022.

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices
The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm
Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. The situation may persist for some time.

First Mover Asia: Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble
Bitcoin was flat in early Monday trading.

Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit
Policy actions that decry decentralization in response to FTX sort of miss The Point.

Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops
Bitcoin, largest cryptocurrency by market value, fell 3% over the past 24 hours
