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 UK Treasury is reportedly considering keeping most of the 61,000 bitcoins seized from Chinese fraudsters in 2018, potentially to help address fiscal shortfalls. However, officials have warned against relying on the crypto due to the likelihood of a lengthy legal battle.

Officials Warn Against Using Seized BTC to Fill UK Fiscal Gap Amid Legal Uncertainty

Politicians have long slammed the amount of money Bitcoin miners use. Lawmakers now want to tax them for it.

New York Democratic Lawmakers Want Bitcoin Miners to Pay More Tax. Here's Why

Dash

Zcash

Zcash, with a gain of more than 130% since Sept. 25, fueled a rally among privacy coins on Oct. 2. ZEC Leads the Rally On the day bitcoin ( BTC) reached $120,000 for the first time since Aug. 14, privacy coins stole the limelight with many seeing double-digit gains.

ZEC, XMR, DASH Lead Privacy Coin Rally as Bitcoin Reaches $120K

Ethereum

The price of bitcoin and ethereum are rising alongside stocks, which have historically gained during similar shutdowns.

Bitcoin tops $121,000, ether hits three-week high amid US shutdown shuffle

Dogecoin

Bitcoin surged above $120,000 on Thursday, hitting its highest valuation since the start of August. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,796.57 Ethereum (CRYPTO: ETH) $4,503.90 Solana (CRYPTO: SOL) $232.23 XRP (CRYPTO: XRP) $3.07 Dogecoin (CRYPTO: DOGE) $0.2593 Shiba Inu (CRYPTO: SHIB) $0.00001268 Notable Statistics: Coinglass data shows 137,574 traders were liquidated in the past 24 hours for $448.47 million.

Bitcoin Surpasses $120,000 As XRP Hits $3, Ethereum, Dogecoin Surge

In his latest blog post, Hayes attacks the Eurozone, in particular focusing on France's problems.

Bitcoin Billionaire Arthur Hayes Predicts Europe Central Bank Turmoil Will Boost BTC

Bitcoin Magazine Bitcoin Price Explodes to $121,000 as Q4 Begins — All-Time Highs Up Next? Bitcoin is kicking off October with momentum, surging past $121,000 and closing in on its all-time high. Bitcoin Price Explodes to $121,000 as Q4 Begins — All-Time Highs Up Next? Micah Zimmerman.

Bitcoin Price Explodes to $121,000 as Q4 Begins — All-Time Highs Up Next?

The month of October boasts bitcoin's highest median return and almost always performs better than any other month. History Rhymes: Bitcoin Tops $120,000 in Seasonal Rally Revival October is the month when bitcoin bulls run, at least that's what performance data from Coinglass shows.

Bitcoin Breaks $120K as ‘Uptober' Phenomenon Repeats

Bitcoin Magazine New York Targets Bitcoin Mining with Proposed Tax Hike Bill A new bill proposed in the New York State Senate would impose heightened taxes on certain bitcoin mining companies, disincentivizing these companies from operating in the state. New York Targets Bitcoin Mining with Proposed Tax Hike Bill Frank Corva.

New York Targets Bitcoin Mining with Proposed Tax Hike Bill

Bitcoin exchange-traded funds (ETFs) roared with $676 million in inflows on Wednesday, marking their third straight day of gains, while ether ETFs added $81 million across four funds. Both asset classes are enjoying a strong revival of institutional demand.

Bitcoin ETFs Soar With $676 Million Inflow as Ether ETFs Add $81 Million

Bitcoin Magazine Your COVID Stimulus Check Would Be Worth 1,700% More If You Bought Bitcoin It's been over five years since the U.S. government issued its first $1,200 COVID-19 stimulus checks. For many Americans, the money was used for bills, groceries, or other necessities.

Your COVID Stimulus Check Would Be Worth 1,700% More If You Bought Bitcoin

Bitcoin (CRYPTO: BTC) broke above $120,000 in Thursday trading as JPMorgan Chase (NASDAQ:JPM) raised its year-end price target to $165,000. What Happened: JPMorgan analysts now project Bitcoin could climb to $165,000 by the end of 2025, citing its undervaluation compared to gold on a volatility-adjusted basis as reported by The Block.

Bitcoin Hits $120,000 As JPMorgan Lifts Year-End Target To $165,000

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: JPMorgan says bitcoin could hit $165,000 by year-end, TOKEN2049 best bits, RIP CME gaps, and more

Bitcoin Magazine JPMorgan Says Bitcoin Price Undervalued Relative to Gold, Sees Path to $165K JPMorgan research suggests Bitcoin may be undervalued compared to gold, with potential to rise to $165,000 if the parts of trading gain momentum. JPMorgan Says Bitcoin Price Undervalued Relative to Gold, Sees Path to $165K Micah Zimmerman.

JPMorgan Says Bitcoin Price Undervalued Relative to Gold, Sees Path to $165K

Bitcoin has soared since the beginning of "Uptober"—and amid the ongoing U.S. government shutdown.

Bitcoin Soars Above $120K as US Government Shutdown Continues

Bitcoin (BTC) broke above $120,000, a level not seen since mid-August, as traders position for a bullish October for risk assets.

Bitcoin Hits $120K With Traders Eyeing Bullish October Rally

Bitcoin Magazine Bitcoin Price Flirts With $120,000 as Citi Gives Strong Bitcoin Price Target Bitcoin surged past $119,000 on Thursday, defying a broader market sell-off as investors continued to turn to Bitcoin for safety amid the U.S. government shutdown. Bitcoin Price Flirts With $120,000 as Citi Gives Strong Bitcoin Price Target Micah Zimmerman.

Bitcoin Price Flirts With $120,000 as Citi Gives Strong Bitcoin Price Target

Bitcoin is significantly undervalued relative to gold, according to JPMorgan analysts, implying upside toward $165,000.

JPMorgan sees bitcoin hitting $165,000 by year-end on retail-led ‘debasement trade'

Happy Uptoper! In today's "Crypto for Advisors" newsletter, Gregory Mall, chief investment officer at Lionsoul Global, explains the evolution of bitcoin-backed lending in both decentralized and centralized financial systems.

Crypto for Advisors: Is Bitcoin Lending Back?

Citi (C) sees crypto heading into the new year with modest but meaningful momentum, projecting upside for both bitcoin (BTC) and ether (ETH) into year-end and beyond, the Wall Street bank said in a report on Wednesday.

Citi Sees Bitcoin Hitting $181K in 2026 as ETF Flows Drive Crypto Higher

Bitcoin (CRYPTO: BTC) has rallied more than $10,000 since Sunday to tap $119,000 on Thursday—and some more upside may be left to capture in the short term. What Happened: Glassnode data shows BTC defending its short-term holder cost basis (~$111,600), a reliable support since May 2025.

Bitcoin Rallies $10,000 In 5 Days: What's Driving The Surge?

Bitcoin Magazine Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve Two Swedish lawmakers have urged the government to explore a national Bitcoin reserve, the latest European move toward adopting Bitcoin in state holdings. Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve Micah Zimmerman.

Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve

Bitcoin miner manufacturer Canaan said Thursday that it has secured an order for over 50,000 rigs—its largest order in the last three years.

Canaan Stock Jumps 25% on Largest Bitcoin Miner Order in 3 Years

Canaan said it secured the order from an unnamed U.S.-based bitcoin miner for its latest-generation Avalon A15 Pro mining machines.

Canaan shares jump over 25% following 50,000-unit Avalon bitcoin miner order in US

Analysts told Decrypt that predictions of a looming cut to U.S. interest rates could be driving inflows to Bitcoin ETFs.

News for Bitcoin Crypto (BTC)