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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.

Curve DAO Token

A widely followed cryptocurrency analyst and trader says that one Ethereum (ETH)-based altcoin could be gearing up for a double-digit bounce. The analyst pseudonymously known as Credible Crypto tells his 403,900 followers on the social media platform X that CRV, the native token of stablecoin lending platform CurveDAO, could soar to $0.

Trader Says Ethereum-Based Altcoin Primed To Surge by Double Digits, Updates Outlook on Bitcoin and dogwifhat

Crypto markets are up, and U.S. politics can take much of the credit.

This Week in Coins: Trump Fuels More Meme Coin Mania as Bitcoin Regains Strength

Cryptocurrency analyst Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) based on historical precedent. In a new video, Svenson tells his 78,700 YouTube subscribers that Bitcoin is on the cusp of a breakout from a sideways range.

Bitcoin To Surge by up to 83% if History Repeats Itself, Says Analyst Kevin Svenson – But There's a Catch

Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship deal, highlighting his belief in the cryptocurrency.

Barstool's Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal

Gemini crypto exchange co-founders Tyler and Cameron Winklevoss are continuing their donation spree to Republican candidates. In a new thread on the social media platform X, both Winklevoss twins say they are donating $500,000 worth of Bitcoin (BTC) each to John Deaton, an attorney and pro-crypto Senate candidate looking to unseat Elizabeth Warren of Massachusetts.

Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

The flawed security update took down networks around the world, including banks. But not Bitcoin.

‘Bitcoin Keeps Hashing' Amid Global CrowdStrike Outages: Mining CEO

The leading cryptocurrency's price swelled ahead of a high-profile week, with former president Donald Trump set to tout Bitcoin in Nashville.

Bitcoin Tops $67,000, Highest Price in Over a Month

Dogecoin

Ethereum

Cryptocurrency markets are zooming higher, with open interest spiking and crypto markets unaffected by the global IT outage. Cryptocurrency Price Gains +/- Bitcoin $67,081.5 +5.5% Ethereum $3,510.1 +3% Solana $170.26 +8% Dogecoin $0.1251 +5.9% Shiba Inu $0.00001799 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume dropped by 37.6% and daily active addresses grew by 3.9%.

Bitcoin, Ethereum, Dogecoin Enter The Weekend With Big Gains: 'Sunday Report Will Make You All Happy,' Trader Touts

The Trump campaign is making a strategic move to capture the cryptocurrency vote, with Ohio Senator JD Vance emerging as a key figure in this effort. What Happened: At 39, Vance's prominence in Silicon Valley and his pro-crypto stance are seen as crucial assets in wooing an estimated 40 million American crypto owners.

Trump Campaign Eyes Crypto Voters: What VP JD Vance's Nomination Means For Bitcoin

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket in the short term.

Crypto Analyst Justin Bennett Says Bitcoin (BTC) Primed for a Short-Term Rally – Here Are His Targets

Dennis Porter, CEO and Co-Founder of Satoshi Act Fund, has suggested integrating Bitcoin (CRYPTO: BTC) into the U.S. Exchange Stabilization Fund (ESF) as a strategic reserve. What Happened: This move, according to Porter, could represent a decisive win for both the United States and Bitcoin, though it raises questions about the implementation process.

Bitcoin As A Strategic Reserve Asset For The US? Expert Details How Trump Could Make It Happen

The investment fund managed by the family office of BitMEX co-founder Arthur Hayes just announced the launch of a grant program that aims to support the advancement of the Bitcoin (BTC) network.

Arthur Hayes' Family Office Maelstrom Fund Unveils Grant Program Aimed at Supporting Bitcoin Developers

A faulty software update from cybersecurity firm CrowdStrike has triggered a massive global IT outage, affecting thousands of Windows-based systems across various sectors including aviation, banking and healthcare. What Happened: The incident, which began with reports from Australia and New Zealand before spreading to Asia and Europe, has caused significant disruptions to businesses and services worldwide.

Bitcoin Unaffected By Global IT Outage, Prediction Markets Don't See Quick Resolution

CEO of financial services firm deVere Group Nigel Green is predicting that Bitcoin (BTC) will soon hit six figures. In a new video update, Green says that Bitcoin could hit $100,000 before the end of 2024, a more than 52% gain from the current value, due to increasing demand.

$100,000 Bitcoin Incoming, According to deVere Group CEO Nigel Green – Here's Why

A crypto expert predicts $100,000 for Bitcoin (CRYPTO: BTC) by the end of the year, saying that he has never seen such a bullish setup before. What Happened: Bitcoin investor Scott Melker stated that he is "incredibly bullish" as the current market backdrop is unlike anything he's seen before, with tangible narratives finally coming to fruition.

'Incredibly Bullish:' Bitcoin To Reach $100K By Year-End Against Backdrop 'Unlike Anything Seen Before,' Says Expert

Solana

Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.

Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins

Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company shareholders to “benefit from future BTC appreciation.

Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves

From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world, Bitcoin has been on quite a journey. The most recent “earthquake” was the 2024 bitcoin halving, which has forced companies to adapt to a new mining landscape.

Creating BTC Growth Points: GoMining Vision

In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to Core Scientific Inc. (NASDAQ:CORZ). This historic transaction not only propels Core Scientific to the forefront of mining technology but also marks a milestone in Block's ambitious journey to democratize Bitcoin mining.

Bitcoin Mining Milestone: Block Inc, Core Scientific Secure Landmark Chip Deal

Bitcoin (CRYPTO: BTC) has demonstrated exceptional resilience this week, according to fresh analysis by QCP Capital. What Happened: Despite ongoing challenges such as continued Mt.

Bitcoin Is Showing Resilience And Still Has A Trump Card To Play: Report

A golfer's guide to your bitcoin journey.

Golf and Bitcoin: The Greatest Games

Bitcoin's upward momentum is being constrained by sellers capitalizing on the digital asset's recent price appreciation, analysts said.

Bitcoin's recent price gains may be limited by rising exchange sell orders: Coinbase

Bitcoin's (CRYPTO: BTC) volatile performance in the past few weeks has traders debating over whether the four-year cycle theory remains still intact. What Happened: Trader CryptoCon on Friday said he is hopeful the four-year cycle theory lives on.

Is The Bitcoin 4-Year Cycle Theory Still Intact? If Yes, Here's When The Top Is Coming

A widely followed economist believes that Bitcoin (BTC) is suddenly in a new trend that will last for a while. In a new interview on the Unchained Podcast YouTube channel, economist Alex Krüger says that he is bullish on Bitcoin after the top digital asset by market cap reclaimed the $60,000 range this week.

Bitcoin Just Underwent Major Trend Change, According to Economist and Trader Alex Krüger – Here's His Outlook

Crypto trader CrediBULL Crypto expressed concerns over potential downside risks for Bitcoin (CRYPTO: BTC) and altcoins, citing Dogwifhat (CRYPTO: WIF) as an example. What Happened: CrediBULL warned of potential downside if Bitcoin revisits its recent lows.

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