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 is on track for a third straight monthly gain, but higher yields, oil prices and two major November events could test its Q4 momentum.

Bitcoin is on track to shatter a major decade-long streak as September gains surge

Onchain trackers have recently caught Michael Saylor's Strategy moving 3,568 BTC, worth about $297 million, in nine hours, but Arkham analysts revealed not a single coin was sold. What Does the Data Actually Show? The alert came from prominent blockchain sleuth Lookonchain, listing 12 outbound transfers over nine hours, ranging from 137.643 BTC to 452.

Is Saylor's Strategy Dumping Bitcoin? 3,568 BTC Leaves Linked Wallets

Bitcoin (CRYPTO: BTC) is on pace for its fourth-best third-quarter performance ever, with returns already near 40%. Bitcoin's Lucrative Q3 Bitcoin has rallied 38.90% for the period between July and September, according to data from Bitbo.

Bitcoin's Q3 Surge Nears 40%, Putting BTC on Track for Its Best Third Quarter in a Decade

Why yields are rising matters more for bitcoin than how high they go.

Analysts see 10-year Treasury yield hitting 6%. Bitcoin bulls shouldn't panic

Financial advisor and bestselling author Ric Edelman reiterated on Monday that Bitcoin (CRYPTO: BTC) will hit $500,000 by 2030. Bitcoin Long-Term's Outlook is Bright?

Bitcoin to Hit $500,000 by 2030, Reiterates Financial Advisor Ric Edelman: 'Don't Really Care About the 4-Year Cycle'

Roughly $500 million in leveraged crypto bets were liquidated in a single day as the bitcoin price slipped under $83,000, and the push came from outside crypto, namely oil, bonds and a rare gold rout. It Started With Oil The chain reaction began on Monday, Sept.

Bitcoin Price Dips Below $83K as 129,197 Traders Get Wiped out

Dogecoin

Quant (CRYPTO: QNT) emerged as the most profitable cryptocurrency over the past week, even as the large-cap names struggled. QNT Jumps 3X QNT exploded 227% in a week, climbing from a low of $66 to a high of $358.

Dogecoin and Bitcoin Give Back Gains, but This Coin Bucked the Trend to Rally 227% in a Week

Zcash

Global stocks fell to a one-week low as Brent rose for a second day and traders added to bets on more Federal Reserve rate hikes ahead of Wednesday's PCE inflation data.

Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again

Hunter Biden expressed strong optimism about Bitcoin (CRYPTO: BTC) and pushed back against critics of the cryptocurrency sector on Monday. Bullish on Bitcoin During an interview with BMTV, Hunter Biden said he expects Bitcoin to hit $220,000 by 2028.

Hunter Biden Predicts Bitcoin Will Hit $220,000 by 2028, Calls Elizabeth Warren's Crypto Criticism 'So Wrong'

Ethereum

Leading cryptocurrencies declined further on Monday as investors reacted to rising bond yields and growing expectations of interest rate hikes.

Bitcoin, Ethereum, XRP, Dogecoin Slide as Treasury Yields Push Higher: Analyst Flags BTC 'Buying Opportunity' Before the Rally Resumes

Michael Saylor wants banks to custody bitcoin and lend against it, giving owners more ways to use their holdings. He also calls for an insurance industry path and a review of the capital rules applied to certain crypto exposures.

Michael Saylor Proposes Rules Letting Banks Lend Against Bitcoin

Bitcoin's rebound has raised the prospect that the broader crypto market has passed its bear-market low. A Sept. 28 analyst report puts the probability of a cycle turn at 75%, while acknowledging that earlier recoveries have failed.

Analyst Sees 75% Chance Crypto Cycle Has Turned as Bitcoin Pulls Back

Robert Kiyosaki warns that a market crash could drain baby boomers' retirement savings and leave some without homes. In a Sept. 27 post, he repeated his long-running call to buy bitcoin, gold, and silver as he renewed his criticism of stock-and-bond portfolios.

Kiyosaki Warns Millions of Boomers Could Be Homeless, Says Buy Bitcoin

While you keep reading headlines that bitcoin crashed as oil spiked, this year has once again proved that bitcoin largely ignores changes in oil prices. What also hasn't changed is that oil might affect bitcoin prices indirectly through inflation and central bank monetary policy.

Does Oil Move Bitcoin Price? No and Yes

Veteran trader Peter Brandt says Bitcoin's (CRYPTO: BTC) bottom may have arrived earlier than his cycle model predicted. Brandt, who had been looking for a tradable Bitcoin low around Oct. 4, told CoinTelegraph in an interview on Sept.

Bitcoin Could Go as High as $600,000 in Best-Case Scenario, Veteran Trader Says

Binance recorded more than 13,800 BTC in net outflows on Sept. 22, its largest single-day withdrawal since 2023, while exchange reserves fell by roughly 20,000 BTC over four days. Binance Loses 20,000 BTC in Four Days Bitcoin is leaving Binance at a pace not seen in years. More than 13,800 BTC—about $1.

Binance Sees 13,800 BTC Exit in a Day as Bitcoin Price Holds Above $83K

The UK's finance minister has criticized the pro-Bitcoin leader of Reform UK.

UK Chancellor of the Exchequer Blasts Nigel Farage's ‘Bitcoin Account'

Per usual, Monday was a day of digital asset treasury (DAT) purchase announcements as Strategy and Bitmine revealed new acquisitions. At the same time, Strive, Inc. disclosed a new bitcoin purchase as it acquired 1,107 BTC between Sept. 21 and Sept. 25.

Strive Scoops up 1,107 Bitcoin as Its $2.3B Treasury Expands

Strive bought 1,107 BTC for $94.5 million last week, lifting its holdings to 27,462 BTC, with its SATA preferred stock supplying 85% of the capital.

Strive Buys $94.5 Million in Bitcoin, Pushing Holdings Past 27,000 BTC

Bitcoin slipped to $83,000 Monday, fueling debate over whether the pullback is a healthy retest of its recent breakout or mounting macro pressure catching up with crypto.

Bitcoin Holds $83,000 but ETH, XRP, Dogecoin Wobble Despite ETF Demand

Bitcoin price bounced back to trade near $84,000 after hitting a seven-day low of $82,500. Despite a nearly 1% daily decline, it remains up more than 7% for the month.

Bitcoin Price Holds Near $84K After Dipping to Weekly Low

Two New Jersey residents lost $54,000 in bank impersonation and Bitcoin deposit scams, Franklin Township police say. The post New Jersey Residents Lose $24,500 in Bank Cash Hand-Off and $29,500 in Bitcoin Scam: Report appeared first on The Daily Hodl.

New Jersey Residents Lose $24,500 in Bank Cash Hand-Off and $29,500 in Bitcoin Scam: Report

The two top bitcoin treasuries last week spent a combined $232.5 million on BTC.

Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week

Bitget told Bitcoin.com News that it has started restoring withdrawals after attackers exploited a third-party security vulnerability to steal approximately $388 million from the cryptocurrency exchange. The crypto exchange said its private keys and cold wallets were never compromised, while customer balances remain intact.

Bitget Restarts Bitcoin Withdrawals as $388M Hack Investigation Widens

SATA supplied 85% of Strive's latest capital as its bitcoin holdings climbed to 27,462 BTC.

News for Bitcoin Crypto (BTC)