Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

The Bermuda-regulated startup, whose backers include Bain Capital Crypto and Sam Altman, has now raised more than $180 million.

Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC

As the cryptocurrency market digests recent volatility that pulled Bitcoin back toward the $81,000 to $83,000 range.

Key Drivers Behind Bitcoin's Recent Correction and Risk-Off Sentiment

Speaking on the Bitcoin Rails podcast, Cake Wallet's Seth for Privacy said people need to take more precautions to protect their identities when using the biggest cryptocurrency.

Here's How Not To Screw up Your Bitcoin Privacy

Bitcoin-denominated life insurer Meanwhile raised $37.5 million in new funding led by Bain Capital Crypto, bringing its total capital raised to over $180 million. Capitalizing on Growing Demand Meanwhile, the life insurance company licensed to operate entirely in bitcoin, announced Oct. 8 that it has raised $37.

Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm

Dogecoin

Ethereum

Bitcoin rebounded 2% over the past 24 hours as traders see two potential market scenarios ahead of the November midterm elections.

Bitcoin, Ethereum, XRP, Dogecoin Gain 2% Ahead of Weekend: 2 Scenarios to Watch

Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday, pushing its market cap back to $1.66 trillion. Resistance at $83,000 Triggers Volatile Trading Bitcoin rebounded Friday to briefly reclaim $83,000, signaling a potential end to a downturn that dragged the cryptocurrency to multi-week lows.

Bitcoin Price Bounces Back to $83K as Crypto Market Liquidations Cool

Bitcoin bounced after dipping to around $80,000. Traders are placing increasingly high odds BTC slips further before October is over.

Bitcoin Rebounds After Rough Week, But Traders Are Pricing In More Downside

TD Cowen on Thursday raised its Bitcoin (CRYPTO: BTC) forecast to $109,000 but held its Strategy (NASDAQ:MSTR) target steady at $260, citing dilution risk. Why Higher Bitcoin Prices Don't Fully Flow Through TD Cowen analysts Lance Vitanza and Jonnathan Navarrete wrote in a report, cited by The Block, that Strategy's capital structure is eating into the per-share gains investors might otherwise expect from a stronger Bitcoin (CRYPTO: BTC) price.

Strategy Faces ‘Dilution Drag' as TD Cowen Raises Bitcoin Forecast to $109,000

Investors have fast cashed out of bitcoin exchange-traded funds this week. It's showing in the price.

Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course

Bitcoin (CRYPTO: BTC) could be entering one of its strongest bull markets, despite its recent pullback, as The DeFi report founder Michael Nadeau sees an 85% probability that the cryptocurrency has entered an early bullish phase. Speaking on the Milk Road Crypto podcast, Nadeau said Bitcoin's decline towards $81,000 on Thursday was expected after a month of trading between $77,000 and $87,000.

Bitcoin Dips Below $83,000: The Line in the Sand Bulls Need to Watch

Bitcoin's next breakout could depend on demand driven by concerns about U.S. public finances, Coinshares suggested Thursday in a market analysis. Fund withdrawals and a price retreat have challenged that outlook, despite the monetary appeal of assets outside government control. U.S. Debt Fears Put Bitcoin's Monetary Role in Focus Concerns about U.S.

Bitcoin Price Breakout May Hinge on US Debt Fears: Coinshares

According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments.

Former Visa and JPMorgan Execs Take Over El Salvador's Chivo Wallet

Crypto hardware wallet maker Ledger is rolling out a new feature that lets users borrow stablecoins against their Bitcoin (BTC) without giving up custody of their assets. The new Crypto Loan feature lets Ledger Wallet users deposit wrapped Bitcoin as collateral and borrow the dollar-pegged stablecoins USDC or USDT directly inside the app, says Ledger.

Crypto Wallet Ledger Now Lets Users Borrow Stablecoins Against Their Bitcoin Without Giving Up Self-Custody

Bitcoin (CRYPTO: BTC) could rally toward $90,500 before reversing sharply, according to one analyst's chart, in a pattern he calls an “ultimate trap” for buyers. Why Analyst Sees a Bull Trap Forming Prominent pseudonymous trader Capo of Crypto on Thursday posted a chart on X laying out a four-stage move.

A Bitcoin Rally to $90,000 Would Be the 'Ultimate Trap,' Analyst Cautions

UTXO Management's Loren Asmus: Bitcoin isn't a trade, but a portfolio staple. He breaks down institutional adoption, retention, and why education is key.

UTXO's Loren Asmus: The $300T Bond Market Is Bitcoin's Next Frontier

Is AI address security fear-mongering? Chaincode Labs' Antoine Poinsot answers Justin Drake's viral post, breaking down quantum risk and preparation.

Bitcoin Core developer responds to AI & Quantum Risk

U.S. bitcoin ETFs lost another $244.13 million on Thursday, while ether funds shed $72.54 million for an eighth straight day of redemptions. Combined outflows from the two largest crypto ETF categories have reached roughly $965 million in just two sessions.

Bitcoin, Ether Prices Hit by ETF Selling as 2-Day Outflows Near $1 Billion

Twenty One Capital holds 43K BTC at a discount. CEO Rapha Zagury breaks down its mNAV, share buybacks, and why Tether's backing provides a permanent edge.

Building the Berkshire Hathaway of Bitcoin | Twenty One Capital CEO Rapha Zagury

Is Bitcoin headed for a $1M awakening by 2030? Calamos CEO John Koudounis explains why institutional bank lending and ETF access will drive the surge.

Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030

Experts highlight several support levels, from $83,000 down to $72,000, that Bitcoin may need to test in a bearish start to Uptober.

Bitcoin Bleeds in Uptober—How Low Can It Go? Experts Weigh In

An address tied to F2Pool co-founder Wang Chun sold 235.5 WBTC worth $19.31 million for 7,848.5 ETH right after bitcoin's overnight drop to $80.5K.

Bitcoin Price vs Ethereum Price: F2Pool Co-Founder Bets $19M on Ether

Bitcoin BTC$82,516.56 held near $82,600 after President Donald Trump said he would not strike Iran before the U.S. midterm elections, pulling the largest cryptocurrency off Thursday's low of roughly $80,400 and turning the liquidation pressure onto bearish traders.

Trump's Iran pledge underpins crypto gains as bitcoin bears face liquidation pressure

Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike, but remains about 4% lower on the week, while ether has lost 9%.

Bitcoin steadies near $82,500 after Trump rules out Iran strike before midterms

Thailand's SEC has limited initial crypto ETFs to bitcoin and ether, with new custody, exposure, and trading rules taking effect Oct. 16.

Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16

Meanwhile raised $37.5M from existing investors, bringing the Sam Altman-backed bitcoin life insurer's total funding above $180 million.

News for Bitcoin Crypto (BTC)