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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
FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low
The debacle involving Sam Bankman-Fried's crypto empire has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month.
Bitcoin Holds Above $16K Amid FTX Gloom
Prosper Trading Academy Crypto Educator Howard Greenberg gives his crypto markets analysis as bitcoin (BTC) remains steady above $16,000 amid the continued fallout of crypto exchange FTX.
A 'Boat' of Confidence for Bitcoin
Global shipping rates are falling, which could mean lower inflation in the future. That may prompt the Federal Reserve to moderate its pace of rate hikes, which typically lifts the prices of risky assets like stocks and cryptocurrencies such as bitcoin. Christine Lee presents the Chart of the Day.
Crypto Market Analysis: Risk Management Remains Paramount in Coming Weeks
Derivatives markets show some signs of hope, but only slightly.
Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout
Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.
Bitcoin Exit From Crypto Exchanges Rises to 220K Over Past 10 Days
The withdrawals began earlier in November as suspicions rose about FTX's solvency.
First Mover Americas: Binance.US Makes Another Run at Voyager Digital
The latest price moves in crypto markets in context for Nov. 17, 2022.
El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day
Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter.
First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle
ALSO: Shaurya Malwa considers the widening fallout from FTX, now including Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.
