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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: US Inflation Data Roils Markets, Bitcoin and Ether Fall
Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.

Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.

Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot
It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.

Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge
Earlier this year, Pierre Poilievre, the new leader of the opposition Conservative Party, said he supports bitcoin as an inflation-beating asset.

First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation
The latest price moves in crypto markets in context for Sept. 13, 2022.

Bitcoin Should Change ... Slowly
Reconsidering the first cryptocurrency's slow-and-steady approach to development, as Ethereum's "Merge" nears.

Crypto Stocks Tumble After Bitcoin Falls on Higher-Than-Estimated Inflation
Digital asset miners were among the worst performers on Tuesday.

US CPI Report Shows Inflation Hotter Than Expected, Bitcoin Plunges 9.6%
Core inflation, which is more closely watched by traders, rose 0.6 percent in August, a larger increase than in July.

Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback
Investment banks like UBS and ING expect the dollar to remain supported over the near term.

First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
A recent report from South Korea-based CryptoQuant outlines a number of price valuation metrics that show bitcoin sinking to as low as $14,500 to $10,000.
