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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
Bitwise CEO: ‘In 2021, the Story Is Going Beyond Bitcoin’
Bitcoin has remained in a tight range between $40,000 and $45,000, but it appears to be on track for more upward momentum.

How Low Could Bitcoin Go?
Since May, bitcoin is headed to its worst month as China’s crypto ban could be driving markets lower, but how low will it go? CoinDesk’s Galen Moore discusses the potential impact of global macroeconomic events on bitcoin, saying the effect of China’s regulatory action has been “somewhat muted.”

Securitize CEO on Bitcoin’s Next Move and the Launch of ‘Securitize Markets’
Bitcoin is rising towards the $45,000 resistance level, which could cap further upside over the short-term, but where is it headed? Carlos Domingo, founder and CEO of digital asset securities firm Securitize, discusses his assessment of bitcoin. Plus, insights into the launch of secondary marketplace Securitize Markets for trading tokenized securities.

California Pro-Bitcoin Congressional Candidate Aarika Rhodes Running to Unseat Rep. Brad Sherman
A national call to ban cryptocurrencies is not limited to China. U.S. Congressman Brad Sherman (D-Calif.) wants to do the same, but his seat is being challenged by a pro-bitcoiner and congressional candidate for California’s 30th District, Aarika Rhodes. Rhodes discusses the politics of bitcoin, sharing insights into running to unseat Rep. Sherman.

Bitcoin Headed Towards Its Worst Month Since May
Bitcoin appears to be set to end the seasonally bearish month of September on a negative note due to instability in global financial markets, regulatory concerns, and China’s decision to ban crypto businesses. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market
As a pitched battle in the U.S. Congress raises the risk of the government defaulting on its $28 trillion in debt, some cryptocurrency traders are speculating whether the gridlock over raising the debt ceiling could cause a swoon in bitcoin prices.

Is China’s Crypto Crackdown an Opportunity for DeFi?
A price surge for the native tokens of leading decentralized finance (DeFi) protocols came as no surprise after China tightened its crackdown on crypto trading because DeFi trading platforms are, in theory, resistant to censorship. Still, some insiders doubt the price rally will last.

Bitcoin Eyes Biggest Monthly Price Decline Since May
Despite trading 2.8% higher Wednesday at $42,200, bitcoin is eyeing a 10% monthly decline, the biggest loss since May. Richard Johnson, founder and CEO of FINRA and SEC-registered broker-dealer Texture Capital, discusses his outlook for bitcoin, the potential impact of China's crypto ban on the markets, DeFi, and smart contract protocols.

Bitcoin Declines From Resistance, Approaches $40K Support
Bitcoin is trapped in a narrowing price range and is trading lower after sellers responded to resistance near $45,000. Support is nearby at $40,000, which could stabilize the pullback. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
