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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.

An anonymous Bitcoin donor paid over $500,000 in BTC to cover WikiLeaks founder Julian Assange's $520,000 flight home to Australia after being released from prison.

Anonymous Donor Pays $500,000 in Bitcoin for Julian Assange's Freedom Flight

WikiLeaks founder Julian Assange, is set to return to his home country Australia as his long-running legal struggle with the U.S. government comes to a close. As he walks out as a “free man,” we examine the famed whistleblower's connections to Bitcoin (CRYPTO: BTC) and how the digital currency came to his rescue during difficult times.

Here's How Much Bitcoin Has Surged Since Julian Assange's WikiLeaks Took Refuge In The Cryptocurrency After Visa, MasterCard and PayPal Pulled The Plug

A trading desk note shared with Decrypt indicates that the fear of Mt. Gox creditors immediately selling their Bitcoin is unwarranted.

Bitcoin Rebounds 5% as Analysts Argue Mt. Gox Fears Are Overblown

The German government appeared to send another 250 BTC ($15.4 million) to Bitstamp and Kraken on June 26, according to Arkham.

German government sends another $15 million in bitcoin to Bitstamp and Kraken: Arkham

A widely followed crypto analyst believes that Bitcoin (BTC) will likely hold current levels after briefly correcting into the $59,000 range.

History Suggesting Bitcoin (BTC) Should Hold Current Levels, According to Analyst – Here's Why

Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike's suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and withdrawing bitcoin, global payments, and more.

Strike Expands Bitcoin and Lightning Services to the UK

Ethereum

Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.

Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday

Julian Assange, the founder of Wikileaks, has finally embarked on his journey to freedom. The actual flight, however, comes with a hefty price tag of $520,000, which Assange is obligated to repay to the Australian government for the charter flight to Saipan and onward to Australia.

Donor Gifts 8 BTC to Aid Julian Assange's Journey to Freedom

Fidelity's FBTC led net inflows on Tuesday with $49 million, followed by Bitwise's BITB reporting $15 million in inflows.

US spot bitcoin ETFs score $31 million in net inflows after outflow streak

World-renowned author and financial educator, Robert Kiyosaki, recently expressed his support for macro guru Raoul Pal's much-discussed “Banana Zone” theory, predicting a significant surge in Bitcoin's (CRYPTO: BTC) value. What Happened: On Tuesday, Kiyosaki, author of the best-selling book "Rich Dad Poor Dad," voiced his agreement with Pal's prediction that Bitcoin is set to experience a significant surge, entering what Pal has termed the ‘Banana Zone'.

'Rich Dad Poor Dad' Author Robert Kiyosaki Agrees With Raoul Pal's Bitcoin 'Banana Zone' Theory: 'He Knows What He's Talking About'

Dogecoin

Leading cryptocurrencies bounced back Tuesday, a day after heavy sell-offs sent prices plummeting to an 8-week low. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Rebound From Monday's Fall — How Long Before King Crypto Hits Current Range Highs Of $71.5K?

It's a global headline - Julian Assange, the former editor-in-chief of Wikileaks, has been granted a plea deal and his sentence has been commuted to time served. His next move is to travel to Saipan and then back to his homeland, Australia.

Julian Assange's Family Is Raising Funds For Him With Bitcoin

More than $92 million in liquidations landed in the last day, most of it hitting short positions.

Bitcoin Price Rebound Sees Shorts Rekt as Crypto Market Recovers

Economist and gold advocate Peter Schiff has highlighted bitcoin's recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin receiving their crypto payouts next month.

Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market

Bitcoin (BTC) is at risk of witnessing more corrections as it is on the verge of hitting a “top-heavy” zone, says a popular on-chain analyst.

Bitcoin on Cusp of ‘Top Heavy' Zone As New Phase Begins, According to On-Chain Analyst – Here's What He Means

Cryptocurrency markets are up despite ETFs recording their seventh consecutive day of negative fund flows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,914.65 +3.3% Ethereum (CRYPTO: ETH) $3,413.14 +3.8% Solana (CRYPTO: SOL) $138.94 +8.1% Dogecoin (CRYPTO: DOGE) $0.1281 +10.6% Shiba Inu (CRYPTO: SHIB) $0.00001812 +9.4% Notable Statistics: IntoTheBlock data shows large transaction volume up 154%, with daily active addresses spiking 42%.

Bitcoin, Ethereum, Dogecoin Bounce Back As Whale Transactions Spike: 'Bitcoin Retrace Was All About Forming A Macro Higher Low'

The government of Germany has been spotted moving eight figures worth of Bitcoin to crypto exchanges as BTC attempts a recovery from the $60,000 level. According to blockchain “de-anonymizing” platform Arkham, the Bitcoin wallet belonging to the German government has moved a total of 900 BTC in the last 24 hours.

German Government Transfers Part of $2,800,000,000 Bitcoin Stash to Kraken and Coinbase: On-Chain Data

Spot ETFs, Mt. Gox creditors, and the German government have recently hit Bitcoin's price.

Is the Bitcoin Bottom In? Here's What Experts Say

Recent data from Glassnode provides a detailed analysis of bitcoin's long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand supply and demand dynamics.

Analysis of Long-Term ‘Diamond Hand' Bitcoin Holders Reveals Market Insights: Glassnode

Congressman Matt Gaetz (R-Fla.) has introduced a bill that would allow federal income tax payments to be made in Bitcoin (CRYPTO: BTC).

Congressman Matt Gaetz Introduces Bill To Allow Federal Tax Payments In Bitcoin

Paying taxes with Bitcoin? Republican House Representative wants to make it so in the U.S. as crypto becomes a key election year issue.

Rep. Matt Gaetz Introduces Bill to Allow Federal Tax Payments in Bitcoin

Bitcoin miner Hut 8 Corp. (NASDAQ:HUT) shares are trading higher Tuesday. The company on Monday announced a $150 million strategic investment to build a next generation AI infrastructure platform.

What's Going On With Bitcoin Miner Hut 8's Stock?

Florida Republican Matt Gaetz introduced a bill on Tuesday that would allow people to use bitcoin to pay their federal income taxes.

Rep. Matt Gaetz introduces bill requiring the IRS to accept bitcoin as payment for federal income taxes

Solana

Bitcoin bounces above $61,000, Solana leads cryptocurrencies higher

THNDR Games popularized the notion of earning bitcoin for playing games. Now, the company is streamlining the payment infrastructure for virtual casinos and online sports betting platforms using the Bitcoin Lightning Network.

News for Bitcoin Crypto (BTC)