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.

Ethereum

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.

Sam Altman-backed bitcoin life insurer Meanwhile raises $37.5 million round led by Bain Capital Crypto

Thailand's new crypto rules taking effect Oct. 16. They allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.

Thailand opens door to locally listed bitcoin and ether ETFs

Glassnode says 6.26 million BTC, or 31.2% of supply, now sits in addresses whose public keys are already visible onchain. The count is rising just as an AI-driven cryptography scare hits the market.

Glassnode: Over $500B in Bitcoin Is Sitting Behind Keys Anyone Can Read

A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.

Dark web drug market operator sentenced to 40 years, forfeits $101 million in bitcoin

The bitcoin miner's transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August.

MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI

Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.

Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Giving an artificial intelligence (AI) agent access to your bitcoin, stablecoin or other crypto asset wallet might cost you in an unexpected way. If the agent thinks you're wealthy, it might upsell you. Similarly, access to your other financial information could work against you.

Your Bitcoin or Crypto AI Agent Might Upsell You: Here's How to Fix It

Thailand's securities regulator has finalized the rules for bitcoin and ether exchange-traded funds (ETFs), and the first products can list from Oct. 16. The catch, however, is that the local market they are built for has lost more than half its active traders since 2024.

Bitcoin Price Sits at $82K as Thailand Opens the Door to Bitcoin ETFs

Zcash

Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.

Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows

Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.

New tech to power bitcoin lending is set to debut with $500 million in commitments

About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether's market value being less than a fifth as large.

Ether bets were wiped out at six times bitcoin's rate in crypto's $1 billion flush

Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.

Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops

A crypto-only dark web marketplace has brought its co-founder decades in federal prison and an agreement to surrender digital assets and real estate. The case involved drug trafficking, concealed payments, and vendor ratings for hiding shipments.

Dark Web Market Founder Gets 40 Years, Agrees to Forfeit 1,230 Bitcoin

Nearly 18 years after Satoshi Nakamoto left an unfinished poker interface buried inside Bitcoin's original software, researcher Robin Linus has developed a cryptographic protocol that makes the game possible. His Bitcoin Poker design allows two people to play Texas Hold'em without a dealer, privately generate cards, and enforce payouts through Bitcoin's existing rules.

Satoshi's Abandoned Poker Experiment Returns With a Bitcoin Twist

The crypto market has suffered a sharp risk-off reversal, plunging sharply as a combination of hawkish macroeconomic data, technical liquidations, and heavy spot ETF outflows wiped out over $1 billion in derivatives positions across a brutal 24-hour window.

Macro Shock and ETF Outflows Trigger Massive $1 Billion Liquidations as Bitcoin Dips Near $81,000

Dogecoin

Bitcoin as low as $80,000 Thursday as renewed tensions involving Iran and growing concerns over AI-driven threats to crypto security weighed on cryptocurrencies. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $80,448.98 Ethereum (CRYPTO: ETH) $2,478 Solana (CRYPTO: SOL) $110.66 XRP (CRYPTO: XRP) $1.38 Dogecoin (CRYPTO: DOGE) $0.08322 Shiba Inu (CRYPTO: SHIB) $0.055333 Notable Statistics: Coinglass data shows 164,899 traders were liquidated in the past 24 hours for $1.02 billion.

Bitcoin Slides to $80,000 as Ethereum, XRP, Dogecoin Trigger $1B Liquidation Cascade

Prominent analyst Benjamin Cowen warns Bitcoin's (CRYPTO: BTC) breakout above its prior trading range could be a fakeout, one that sets up the same Q4 weakness he's called for all year. Why Cowen Still Expects a Fourth-Quarter Low Cowen said on his YouTube channel that Bitcoin has historically bottomed three times a year in midterm years: once in February, once in summer, and once in the fourth quarter, a pattern he pointed to in both 2018 and 2022.

Bitcoin's Rally Above $80,000 Could ‘Wreck a Lot of People,' Analyst Warns

The research firm sees tokenized stocks, bonds and loans creating new markets for trading and lending, with fee-generating platforms and companies poised to benefit.

Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says

Bitcoin software company Breez said demand for its developer tools has surged since AI coding agents went mainstream, with partnership inquiries rising roughly 14-fold as developers, and increasingly the agents they deploy, look to add bitcoin payments to their apps.

AI Coding Agents Drive Surge in Bitcoin Integration Requests: Breez

The Swiss crypto exchange has onboarded the Lightning Network to help people withdraw and deposit bitcoin with ease.

WhiteBIT Integrates Lightning Network for Fast and Cheap Bitcoin Transactions

A batch of 100.02 BTC mined in July 2010 moved Wednesday after 16 years. It's worth about $8.3 million, but nothing in the transaction shows who owns it.

Satoshi-Era Bitcoin Worth $8.3 Million Moves After 16 Years

The U.S. government's cryptocurrency shuffle isn't over. Following two days of bitcoin transfers totaling $770 million, federal wallets moved another 12,267.02 BTC worth approximately $1.01 billion on Thursday. The latest activity also included $94.

US Government Shifts $1 Billion in Bitcoin, $94 Million in Tether

Investors yanked $484.9 million out of spot Bitcoin ETFs in a single day. Oil is near $100, bond yields are at their highest since 2002, and the Fed isn't done hiking.

Bitcoin ETFs Suffer Worst Loss Since June as Uptober Turns Red

Bitcoin broke below $81,000 to an intraday low near $80,500, wiping out billions from its market cap. Over $1.1 billion in total crypto positions were liquidated, led by ether with $333 million.

News for Bitcoin Crypto (BTC)