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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
Gemini Cuts 10% of Staff, Blames Crypto Winter
Crypto exchange Gemini said that it will lay off about 10% of its employees due to “turbulent market conditions that are likely to persist for some time.” Paul Eisma, XBTO Group head of trading, discusses his outlook on the crypto markets as bitcoin (BTC) struggles to hold above $30,000.

Singapore’s Crypto Warning; Bitcoin Takes a Tumble
Singapore’s deputy Prime Minister reiterates warning against retail investment in crypto. More crypto crime in South Korea as police arrest man for stealing $700,000 from Naver’s Band users. Bitcoin drops below $30,000 on wider market concerns over inflation and the economic outlook. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Harlem Bitcoin Community Organizers Urge Action to Improve Crypto Regulations in New York
Harlem Bitcoin Community Founders Shakib Farah, Jon Logan and Jesse Cervantes discuss the highly-charged debate over bitcoin's energy consumption and crypto mining in New York.

Harlem Bitcoin Community Founders on Crypto in New York
Safari Restaurant Owner Shakib Farah, NYC Firefighter Jon Logan and Former NYC Public School Teacher Jesse Cervantes discuss their crypto journeys from how they were introduced to BTC to co-founding the Harlem Bitcoin Community. They talk about the burgeoning crypto scene in Harlem and what goals they hope to achieve.

Bitcoin Struggles to Hold $30K
BTC is in a consolidation phase as it struggles to break the $30,000 threshold. Options traders are more focused on hedging exposure than ever before, with skew levels signaling a bearish outlook in the bitcoin options market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
