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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
Market Wrap: Bitcoin Holds Steady Through FTX Gloom
Most other major cryptos were trading in the green, albeit barely so.
AdvisorShares CEO on Bitcoin’s Bottom, FTX Collapse
AdvisorShares CEO Noah Hamman joins "All About Bitcoin" to discuss whether bitcoin (BTC) has hit bottom amid crypto exchange FTX's rapid collapse. Plus, his crypto investing strategies as the industry learns its lessons from the FTX fallout.
Market Analysis: Crypto Turns to an Oil-Patch Tradition to Right Itself
Crypto exchanges' newfound commitment to adopt proof-of-reserves measures echoes practices long followed by the oil and gas industry – to instill confidence.
FTX Fallout: Bitcoin Miners’ Balance Slides; Paxos Ordered to Freeze $19M in Crypto
Bitcoin (BTC) miners or entities generating the cryptocurrency seem to be running down their coin stash amid the FTX-induced market panic. U.S. federal authorities have ordered cryptocurrency issuer Paxos to freeze $19 million worth of crypto tied to the bankrupt FTX exchange. Hong Kong-based digital asset platform Hbit Limited is unable to withdraw $18.1 million worth of cryptocurrencies deposited in the now-bankrupt FTX.
Crypto Fund Inflows Surged Last Week as Investors Bought on FTX-Induced Dip
The largest inflows in 14 weeks, at $42 million, coincided with the crypto market's sharp downturn, triggered by the swift collapse of once-billionaire Sam Bankman-Fried’s business empire.
Why Selling Some Bitcoin at a Loss Can Maximize Your Hodling Potential
How to sell your bitcoin for tax advantages without interrupting your strategy to hold for the long term.
Kevin O’Leary on FTX’s Collateral Damage on Crypto
O'Leary Ventures Chairman Kevin O’Leary discusses the impact of FTX's collapse on bitcoin (BTC) and whether we have seen the token's bottom. "We're not finished with the collateral damage," O'Leary said.
Kevin O’Leary: FTX Fallout ‘Does Not Kill Crypto'
O'Leary Ventures Chairman Kevin O’Leary, who became a spokesperson for FTX in 2021, joins “First Mover” to discuss his reaction to the FTX disaster and his last conversation with former CEO Sam Bankman-Fried. Plus, an outlook on the crypto markets following bitcoin’s worst week in five months triggered by the FTX saga.
First Mover Americas: FTX Faces Criminal Probe
The latest price moves in crypto markets in context for Nov. 14, 2022.
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
Decentralized exchanges have gained market share as confidence in their centralized equivalents have declined, the report said.
