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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’s S&P 500: CoinDesk Unveils Broad-Market, Digital-Asset Index
The CoinDesk Market Index is first in a family of nine new price indexes built around the media company's Digital Asset Classification Standard for categorizing bitcoin, ether and other digital assets.

Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist
ING expects a rate cut in June 2023 followed by further easing in the second half of the year.

First Mover Asia: Crypto Legislation, Enforcement Highlight a Busy Fall for Financial Regulators; Bitcoin Holds Steady Over $19K
South Korea, Thailand and Singapore will be addressing legal action, legislation and other issues in the coming months.

Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments
BTC remains resilient despite the challenging macroeconomic conditions.

Air Gap? Hardware Wallet? Multisig? Bitcoin Self-Storage Means Hard Choices
Wallet manufacturers debated the best ways to store bitcoin private keys safely at the BalticHoneybadger conference in Riga.

Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says
The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.

First Mover Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike
The latest price moves in crypto markets in context for Sept. 8, 2022.
