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.

Bitcoin experienced a sharp pullback on Tuesday, sliding below $79,000 to a mid-morning low of $78,600. Despite the drop, the Crypto Fear and Greed Index remained strong at 74, signaling that traders view the move as consolidation rather than a correction.

Bitcoin Price Reclaims $79,000 as Open Interest Hits $140B

Arcus, a decentralized exchange built by the team behind dYdX, launched leveraged, ETF-style contracts on Robinhood Markets Inc (NASDAQ:HOOD) Chain, giving traders a new way to access amplified exposure to crypto and tokenized stocks. The product uses pTokens, which turn managed perpetuals accounts into transferable ERC-20 assets.

QUICK SPARK: Arcus Launches ETF-Style Tokens for 3X Bitcoin, Robinhood Exposure

Bitcoin trades near $79,000 after a record week as U.S.-regulated perpetual futures boom and liquidation maps show long pools stacked at $62,000 to $67,000.

Kalshi Leverage Shock Has Bitcoin Traders Suddenly Braced For $67,000

Bitcoin gained roughly 24% this week while the broader crypto market grew by less, a mismatch that shows up clearly in Bitcoin's rising share of the total crypto market.

Bitcoin Rally Is Outrunning the Rest of the Market: Here's Why

Ethereum

The crypto-backed portfolio line of credit lets eligible GalaxyOne clients borrow cash against BTC, ETH & SOL without selling their holdings.

Galaxy expands retail crypto lending with new BTC, ETH and SOL-backed credit line

Treasury Secretary Scott Bessent is “Yellen 2.0,” according to Maelstrom founder Arthur Hayes, who on Tuesday argued that Bitcoin (CRYPTO: BTC) is already detecting the “money printing to come.” Why Does Hayes Compare Bessent to Yellen?

Arthur Hayes: Scott Bessent Is 'Yellen 2.0' and Bitcoin Is the 'Liquidity Smoke Alarm'

The U.S. Treasury is pushing back against punishing long-term government borrowing costs, dragging a decades-old yield control debate back onto Wall Street just as bitcoin's price rallies and traders start asking how much pain Washington will tolerate before escalating its bond-market fight.

Druckenmiller Blasts Treasury's $4B Gambit as Bitcoin Bulls Circle

Bitcoin reached over $80,000 for the first time since January.

Bitcoin Tops $81,000 — Is the Debasement Trade Back?

Strive is adding 1,110 Bitcoin over five days at an average price of about $73,409 each, lifting total holdings to 21,356 BTC and driving an 11% jump in shares. The post Strive Purchases 1,110 Bitcoin in a Week, Holdings Top 21,000 BTC as Shares Surge 11% appeared first on The Daily Hodl.

Strive Purchases 1,110 Bitcoin in a Week, Holdings Top 21,000 BTC as Shares Surge 11%

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are “really underowned” assets as far as Milk Road analyst John Gillen is concerned. Even so, he says market participants that have not captured the latest rally should refrain from “panic-chasing.

Bitcoin, Ethereum Are 'Really Underowned,' Analyst Says: 'Two of the Best Assets in the World'

$83,000 is the last level standing between Bitcoin (CRYPTO: BTC) and a confirmed new bull market, according to widely-followed cryptocurrency technical analyst Nik. What the Bitcoin Weekly Chart Shows Nik wrote in his 90th Market Outlook on Substack that Bitcoin's 20% weekly surge off the 200-week moving average at $64,500 was one of the most decisive technical breaks of this cycle.

Bitcoin, Ethereum Confirm 'Cyclical Bottom' but $83,000 Is the Key Level, Says Technical Analyst

BitMEX co-founder Arthur Hayes argued in a new research note that the U.S. Treasury's expanded bond buyback program marks the start of a fresh bitcoin bull market, as BTC trades above $80,000 for the second day running.

Arthur Hayes Says Treasury Buybacks Mark “New Bitcoin Bull Run”

Bitcoin (CRYPTO: BTC) trades around $79,000 on Tuesday as discussions continue on whether the sudden 20% surge was mainly driven by short liquidations or mark a durable cycle bottom. Did Three Factors Create “Dry Kindle” for BTC?

Does Bitcoin at $79,000 Mean a Bull Run Has Started? Experts Say 'It's Complicated'

That hurdle is the simple moving average price over the past 50 weeks, currently around $81,087. Historically, reclaiming this level has been one of the clearest signs that a bear market is actually over, not just pausing.

Bitcoin's surging price faces 1 key level that could signal if the bear market is really over

Zcash

Zcash's rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-performance computing, highlighting how quickly the relative value of electricity can change across competing compute markets. This article first appeared in The Energy Mag. The original article can be viewed here.

Zcash Rally Widens Mining Revenue Lead Over Bitcoin and AI HPC

Falling open interest and subdued funding rates suggest the rally remains structurally healthy.

A bitcoin short squeeze for the ages as futures open interest collapses

Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.

Bitcoin extends 7-day advance to roughly 25%

Treasury secretary Scott Bessent could be about to deliver a fresh, $1 trillion boost to the bitcoin price

‘Whatever It Takes'—Market Sent Shock ‘Fear Of God' Warning As Crypto Traders Brace For Massive Bitcoin Price Boom

Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months earlier today, resulting in a $11.6 million profit as bitcoin traded near $81,000. Two Months, One Exit Blockchain analytics platform Lookonchain identified two addresses (0x5FA and 0x237) that may belong to the same trader.

Bitcoin Whale Closes 2-Month Long, Banks $11.6M Profit

Bitcoin (CRYPTO: BTC) reclaimed its top spot as the best-performing asset over the past decade, narrowly edging out Nvidia Corp. (NASDAQ:NVDA). Bitcoin Edged Past Nvidia in 10-Year Gains Mark Harvey, a widely followed Bitcoin investor and analyst, shared a table of major assets and their 10-year returns.

Bitcoin Beats Nvidia to Become Top-Performing Major Asset Over 10 Years as BTC Surges Above $80,000

Bitcoin surged past $81,000, lifting its market cap to $1.62 trillion. The move wiped out $282 million in short positions over 24 hours—representing 62% of all crypto short liquidations. Short Sellers Squeezed for $282 Million in Liquidations Bitcoin continued its rally, breaching $81,000 as optimism grows over a broader bull market.

Bitcoin Price Breaches $81,000 as Bull Market Momentum Builds

Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.

Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000

AI safety researcher Roman Yampolskiy raised concerns on Monday about how advanced AI could threaten Bitcoin's (CRYPTO: BTC) security. Bitcoin's Security at Risk?

Bitcoin Will Become Almost Impossible to Secure in Advanced AI Era, Says Security Researcher: 'Much Harder Environment to Not Get Scammed'

Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncertainty.

Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,' analyst says

Financial analyst Beth Kindig on Monday cited an I/O Fund analysis that projected Bitcoin's (CRYPTO: BTC) long-term price target at $2 million, despite a weak near-term outlook. Still No Conclusive Bottom Signal?

News for Bitcoin Crypto (BTC)