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

Bitcoin ETFs returned to inflows with $216.70 million on Monday, recovering quickly from Friday's interruption. Ether funds extended their winning streak to 11 sessions with $87.68 million, while XRP and solana also attracted fresh capital. Bitcoin ETFs Close August With $3.52B in Monthly Inflows August closed with buyers back at the table.

Bitcoin, Ether, XRP ETFs Pull In $310M as Blackrock Drives Demand

The closely watched bitcoin retail market in the Asian nation is making moves again.

South Korea's Bitcoin ‘Kimchi Premium' Returns

Bitcoin's (CRYPTO: BTC) 90-day correlation with gold has hit an all-time high, matching two prior spikes that each preceded massive Bitcoin rallies of 172% and 350%. What the Bitcoin-Gold Correlation Is Saying?

Bitcoin Rallied 172% and 350% After Its Last Gold Correlation Spikes: Will History Repeat?

The actor's lawyers spent six months negotiating the contract for “Bitcoin: Killing Satoshi” in order to “protect” her performance.

Gal Gadot Defends AI Use in Bitcoin Film: 'Work With It or Be Out of the Game'

Bitcoin's 90-day Pearson correlation coefficient with gold hits all-time high while the Fear and Greed Index sits at 68.

Bitcoin and gold move in lockstep as debasement trade gains more steam

On-chain analysis shows the August Bitcoin (CRYPTO: BTC) rally was driven by whale interest, yet some indicators show that “hot money” is chasing Bitcoin higher. August Rally Wasn't Just Leverage CryptoQuant data through Aug. 30 shows the Bitcoin rally from $63,000 to $78,000 produced a sharp divide between large and small holders.

Bitcoin On-Chain Analysis Shows Whales Are Buying—But So Is 'Hot Money'

September has historically been a poor month for risk assets in general, and bitcoin, in particular.

Bitcoin enters ‘Rektember' as rate-hike risk combines with seasonality to threaten rally

Strategy Inc. (NASDAQ:MSTR) on Monday called MSCI's proposed index eligibility test a pretext to exclude Bitcoin treasury companies Tuesday, urging the index provider to withdraw it entirely. What Strategy Is Actually Arguing?

Strategy Slams MSCI Rule as a 'Pretext' to Exclude Bitcoin Companies

BlackRock re-underwrites the Bitcoin thesis, finding that even modest allocations historically improved risk-adjusted returns in traditional portfolios.

BlackRock Re-Underwrites Bitcoin, and the Portfolio Math Still Holds

Strategy somehow threaded the needle of buying Bitcoin and STRC while also raising cash. Now how will the market respond?

Morning Minute: Saylor's Back Buying Bitcoin

Bitcoin (CRYPTO: BTC) enters a historically challenging September after its best August in years, with $78,000 emerging as a key level in determining the next move. Who Says the Rally Is ‘Bearish‘ Panelists on Scott Melker's podcast on Aug. 31 described August's 25% rebound as one of the largest short squeezes in its history that reset Bitcoin from its summer lows.

Is Bitcoin's Best August in Years Ready for September Volatility?

Bitcoin has held up despite higher oil prices and growing expectations for a September Fed rate hike, with Friday's jobs report next in focus.

Bitcoin defies oil price spike and rising Fed hike bets after best August since 2017

Bitcoin's price traded between $77,850 to $78,125 early Tuesday morning, pulling back from the $79,000 area and landing near the bottom of its post-rally trading range. The start of September presently has a split technical setup.

Bitcoin Price Update: $77K Support Is Key as September Begins

Markets are said to hate uncertainty, and traditional finance is serving it right now from all directions, including the institutions that set the rules.

U.S. looks to influence Japan's monetary policy. It couldn't do that with bitcoin

Arbitrum

BTC drifted lower after last week's rally to $81,428, while ARB led DeFi gains as Robinhood Chain's daily fees topped $2 million.

Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue

The bitcoin funds took $217 million Monday, one session after an outflow ended their nine-day run. Ether ETFs have not posted a red day since mid-August.

Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days

Binance, the largest exchange by traded volume, received over $15.7 billion in inflows in August, as bitcoin's price and the crypto market valuations rebounded. The exchange dwarfed its competitors, managing to overshadow them by gathering over 75% of the digital assets ecosystem inflows.

Bitcoin's Price Rally Fuels Binance's Record $15.7B August Inflows

If you're looking to the next CEO, John Ternus, for clues about how crypto asset-related strategy might change at the multi-trillion-dollar tech giant Apple, you need to look elsewhere too.

Apple's Bitcoin Strategy Will Depend on More Than John Ternus

Veteran investor Ross Gerber accused Michael Saylor of putting the entire Bitcoin (CRYPTO: BTC) market at risk through the approach taken by his firm, Strategy Inc. (NASDAQ:MSTR). Gerber Slams Saylor's Playbook In an exclusive chat with Benzinga, Gerber said Strategy's tactic of selling MSTR at a high premium to buy "cheaper" Bitcoin worked in the bull market but started to “unwind” in the bear market.

MSTR Stock Up 40% in a Month, but Ross Gerber Still Calls Michael Saylor the 'Worst Thing' to Happen to Bitcoin: Here's Why

Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August's 24% run.

Bitcoin steady above $78,000, HYPE leads as majors slip on hawkish Fed bets

Dogecoin

Leading cryptocurrencies rose on Monday as investors increased risk appetite, spurred by whale investors' purchases.

Bitcoin Gains After Strategy Resumes Buying: Ethereum, XRP, Dogecoin Also Rally: Analyst Sees 'Very Long March' to Next Bull Market for BTC

The Nasdaq-listed asset manager paid an average of $79,431 per coin, lifting its total stash to 23,156 BTC amid a wave of renewed treasury buying.

Strive Adds $143 Million in Bitcoin as Treasury Firms Pile Back In

Bitcoin has posted a stellar monthly recovery, gaining approximately 23.5% to trade near the $78,000 threshold.

Bitcoin Surges 24% in August as Strive Rises to Fifth-Largest Public Holder

Bitcoin treasury Strategy has blasted Morgan Stanley Capital International's proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth's founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses.

Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time

The Bitcoin treasury firm Strategy (MSTR) is buying BTC again. Strategy accumulated 4,603 Bitcoin at an average purchase price of $80,318 per BTC, spending a total of $370 million. It's the firm's first BTC purchase since June 22nd, following two weeks where the firm didn't add or sell any Bitcoin.

News for Bitcoin Crypto (BTC)