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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 Dominated by ‘Pure Risk-Off Sentiment’: Defiance ETFs CEO
Bitcoin (BTC) is trading with increasing volatility as the token sunk 6% in the past 24 hours to $19,000. Defiance ETFs CEO Sylvia Jablonski joins "First Mover" to discuss her crypto outlook amid inflation concerns. Plus, how the newly launched $IBIT can be used to dampen market blows during crypto winter.

First Mover Americas: Bitcoin Falls to $18.5K, as Bank of England to Buy Bonds to Stem Crisis in UK
The latest price moves in crypto markets in context for Sept. 28, 2022.

Bitcoin Off Lows as Bank of England's Bond Market Intervention Raises Hopes for Fed Pivot
The hope is the U.S. central bank will scrap its tightening policy that has hit crypto prices.

India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case
The agency has been conducting several search operations related to an "illegal loan apps" scam with China links .

Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says
The currency fell to a 14-year low against the U.S. dollar early Wednesday.

Bitcoin Steady Under $20K in Face of Traditional-Market Turmoil; Here's Why
"What we're seeing is more a lack of large sellers rather than a plethora of large buyers," one value investor said, explaining bitcoin's ongoing range play amid renewed traditional market swoon.

Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure
Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.

First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain
The largest crypto by market capitalization had spiked over $20,000 in morning trading.

Market Wrap: Bitcoin Takes Investors on a Wild Ride
Prices shoot higher intraday on high volume, only to reverse course later in the day.

Bitcoin Rises and Falls 7% in 24 Hours
Bitcoin on a rocky rollercoaster ride Tuesday, rising and falling about 7% over the past 24 hours. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
