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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
US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse
Fidelity now allows companies to offer its digital assets account as part of their 401(k) line up.
First Mover Americas: Bitcoin Drops as FTX Fallout Spreads
The latest price moves in crypto markets in context for Nov. 22, 2022.
Bitcoin to Outperform Ether in Coming Months, Chart Analyst Says
The bitcoin-ether ratio has topped its 50-day moving average, confirming a bullish breakout.
First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears
ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes.
Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low
The troubled crypto brokerage is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report.
Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence
Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether.
Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss
Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.
Bitcoin’s Tide May Be Turning
A chart by pseudonymous crypto analyst "Game of Trades" shows bitcoin (BTC) has hit a two-year low on record trading volume, suggesting the price could reach a turning point. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Crypto Market Analysis: Bitcoin and Ether Approaching Oversold Levels
To see if that matters, it's helpful to look back at what the relative strength index, a technical indicator, has meant in the past.
