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.

Bitcoin's price was trading near $84,890 to $85,469 early Wednesday, up 0.4% over 24 hours, as the market continued working through the pullback from September's $87,374 peak. The larger uptrend remains intact, but the short-term tape has settled into a contest between support around 82,555-83,000 and resistance beginning at $85,500 and higher.

Bitcoin Price Surges Past $85K as Bulls Muscle Back Into the Fight

Bitwise Head of Research Ryan Rasmussen says institutional investors are increasingly treating Bitcoin (CRYPTO: BTC) as a hard asset alongside gold—and benefiting from its upside over the past years. Why Sovereign Fund Buying Matters In an interview with Bitcoin Magazine Tuesday, Rasmussen said Bitwise spoke with several sovereign wealth funds as part of its institutional crypto adoption research and found interest in Bitcoin across multiple regions.

Bitcoin 'Debasement Trade' Gains Steam Again as Institutions Pile In

The U.S. Dollar Index (DXY) is rallying, which is usually seen as bad news for bitcoin BTC$83,802.33 and other dollar-denominated assets such as gold. The data suggest the link is weaker than that view implies.

A stronger dollar is a weaker threat to bitcoin than traders think

Traders are waiting on the Fed's favored inflation gauge after a month of oil-driven rate-hike bets that sent 30-year Treasury yields to their highest since 2002.

Live updates: Bitcoin below $84,000 ahead of PCE inflation data, Micron earnings

Bitcoin held near $83,000 as the 30-year Treasury yield topped 5.6%, while DeFi tokens reversed and lighter fell after Robinhood unveiled U.S. perps.

Bitcoin stalls near $83,000 while lighter drops 17% on Robinhood perps plan

Bitcoin has tracked tech stocks since 2020, but in August its gold correlation overtook its Nasdaq link. Here's why crypto and stocks move together, and what breaks it.

Bitcoin vs. Gold and Stocks: Why Crypto Correlates with Other Assets

Dogecoin

World (WLD) token staged an impressive rebound in September, climbing to its highest levels in over three months. WLD Left Blue-Chip Coins in the Dust The cryptocurrency soared 35% over the last month, with most of that advance packed into the final week.

Sam Altman-Linked World Token Rallies 35% in a Month, Leaving BTC, DOGE Behind — Here's Why AI Agents Could Be Fueling the Surge

A Bitcoin address whose coins had not moved since May 2011 shifted 20.43 BTC worth about $1.7 million earlier today, ending a 15.4-year sleep. Analyzing the Origin of the Coins Onchain Lens unearthed the move earlier today, estimating that the whale picked up its bitcoin haul at a staggering $3 to $4.

Bitcoin Price at $83,000 Turns a Silk Road-Era Whale's $70 Into $1.7M

Asset management platform HANetf has listed ETCs in London, Frankfurt and Paris providing pound sterling and euro-hedged exposure to bitcoin.

How European investors can now buy bitcoin without taking on U.S. dollar risk

Here's the level analysts are watching and what a break below it could mean for the bulls.

Bitcoin bulls have one price level to defend

A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling. The buyers who drove BTC to an eight-month high are already pulling back.

Bitcoin rally shows signs of cooling even as a 'bull score' gauge nears its perfect score

Ethereum

Leading cryptocurrencies stayed resilient on Tuesday while rising government bond yields weighed on stock markets. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin Dips, While Ethereum, XRP, Dogecoin Gain: Bull Market 'Intact,' but Rally 'Showing Cracks,' Says Analyst

Fraudulent texts posing as Coinbase allegedly led to the theft of 33.7 bitcoin from two wallets held within one account. The bitcoin was worth approximately $900,000 at the time of the theft. Federal prosecutors now seek to forfeit cryptocurrency traced to part of it.

Fake Coinbase Texts Led to $900K Bitcoin Theft, US Seeks Seized Crypto

Institutions are moving beyond the question of whether to own bitcoin and toward how to finance, hold, and use it. A new research note says the shift could shape bitcoin's next phase of adoption.

Bitcoin Was the Asset. Now Institutions Are Building Around It

Bitget this week resumed customer withdrawals and within one hour, users had taken over 4,000 bitcoins off the exchange.

Bitget Customers Withdraw Over 4,000 Bitcoins in One Hour Following $388M Hack

Veteran financial adviser Ric Edelman is making one of his most aggressive bitcoin allocation calls yet, arguing that investors should consider holding 10% to 40% of portfolios in BTC depending on risk tolerance. He also sees a path toward $500,000 bitcoin by 2030 if global adoption continues to deepen.

Ric Edelman Urges 10-40% Bitcoin Allocation, Sees $500K Price by 2030

Bitcoin's (CRYPTO: BTC) rally keeps pulling in fresh capital, but the buying pressure behind it has turned uneven, according to Glassnode's latest weekly report. Spot Buyers Are Losing Conviction Glassnode wrote in its Sept.

Bitcoin's Rally Is Real, Glassnode Says: So Why Are Spot Buyers Uninterested?

Bitwise's Ryan Rasmussen breaks down institutional crypto adoption, revealing why pensions and sovereign funds bought the dip from $125K to $60K.

Bitwise Head of Research: Sovereigns Selling Gold for Bitcoin | Ryan Rasmussen

Tracy Shuchart breaks down Strait of Hormuz oil disruptions, warning that GCC output losses and crack spreads signal a worsening winter energy pinch.

Tracy Shuchart: BTC & the Commodities Supercycle

Dan Tapiero reveals why a new bull phase has begun, pointing to core revenue growth across stablecoins, tokenization, and Hyperliquid.

Dan Tapiero: “We've Begun a Bull Phase” in Bitcoin

Bitcoin is holding key support at $83,000, with analysts arguing that Treasury yields surging to a 24-year high have yet to derail crypto markets.

Bitcoin, Ethereum, XRP, Dogecoin Hold Firm as Treasury Yield Hits 24-Year High

Bitcoin (CRYPTO: BTC) could be significantly undervalued relative to global liquidity, with an equilibrium price of $197,000 being the fair value, Bitwise's Director and Head of Research André Dragosch argued on Tuesday. Is a Fed Pivot The Next Major Catalyst for BTC?

Bitcoin's Fair Value Is $197,000, Bitwise Exec Says: Can BTC Close the Gap?

Bitcoin could face a near-term correction as short-term traders' onchain unrealized profit margin has reached its highest level in 21 months, according to CryptoQuant.

CryptoQuant says bitcoin correction could be near as traders' unrealized profit hits 21-month high

European BTC investors can typically be exposed to both volatile swings in the cryptocurrency's price as well as the dollar's move against the euro. A new fund aims to fix that.

HANetf Debuts Euro-Hedged Bitcoin Fund in World First

Bitcoin ETFs extended their inflow streak to eight straight days on Monday, bouncing back from the Clarity Act sell-off in a big way.

News for Bitcoin Crypto (BTC)