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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 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.
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.
After Bitcoin's Worst Week in 5 Months, Here's What Crypto Analysts Are Saying
A roundup of commentary on how digital-asset market analysts see the next few months unfolding.
First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling.
