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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.

Cosmos

Polkadot

Litecoin

A widely followed crypto trader is analyzing the altcoin and crypto markets while plotting out Bitcoin's (BTC) next move.

Crypto Analyst Says Altcoin Markets Are Ready To Pop, Lays Out a Path for Bitcoin

Ethereum

Chainlink

Deep-pocketed crypto investors are abruptly shifting hundreds of millions of dollars worth of digital assets to and from unknown wallets. New data from whale-surveying platform Whale Alert reveals that over $350 million worth of Bitcoin (BTC), the top crypto asset by market cap, was moved in two separate transactions.

Whales Move Over $618,000,000 in Bitcoin, Ethereum, XRP and Chainlink – Here's Where the Crypto's Headed

The head of blockchain analytics platform CryptoQuant believes that Bitcoin's (BTC) current market cycle may be mirroring the prior one in 2020-21.

CryptoQuant CEO Says Bitcoin Giving Out 2020 Cycle Vibes, Suggests Real BTC Bull Market Is Underway

On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.

Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack

Bitcoin futures open interest on centralized exchanges has reached a record level of $38 billion, data from CoinGlass shows.

Bitcoin futures open interest reaches new high at $38 billion

Though many of the top asset managers and investors are investing in, or at least open to crypto and Bitcoin, a few remain hesitant to adopt the asset. Most prominent among the anti-Bitcoin camp is legendary investor Warren Buffett.

Despite Warren Buffett's Warnings Calling Bitcoin 'Rat Poison,' Berkshire Hathaway Continues Profiting Off Crypto

Hackers have turned the tables on Call of Duty cheaters by infecting them with malware designed to siphon off their Bitcoin (CRYPTO: BTC). This cyberattack has raised concerns within the gaming and cryptocurrency communities.

Cyberattack Targets Call Of Duty Cheaters, Draining Bitcoin Wallets In Malware Scam: Report

The founder and CEO of Galaxy Digital is predicting that the US's ballooning debt will quicken the adoption of Bitcoin (BTC).

Billionaire Mike Novogratz Predicts Ballooning US Debt Will Spur New Bitcoin Adoption

On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin's current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin's 1-hour chart reveals recent volatility, with a significant bounce from a low of approximately $68,362, suggesting a strong support level.

Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead

Bitcoin and Ethereum hit some volatility and are trading 1% lower than they were yesterday while WIF continues to rule the memes.

Bitcoin and Ethereum Wobble Heading Into the Weekend

Sovryn's and BOB are offering early users a piece of the new Bitcoin economy. With the Bitcoin Halving less than a month from now, Bitcoin will get two significant technological additions: Rollups, which will allow an increase in user adoption, lower fees, and smart contract capabilities, and native Bitcoin tokens called Runes.

On the Halving, Bitcoin is Getting New Technologies: Rollups and Tokens. Sovryn's New Initiative is How to Get In Early

WIF touched the $4 mark early Friday before retreating as the meme coin sector showed the most volatility in a little-changed market.

Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day.

Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

The co-founder and CEO of Morgan Creek Capital Mark Yusko is doubling down on his prediction that Bitcoin (BTC) will hit a six-figure price over the coming months. Yusko says in a new CNBC interview that Bitcoin could triple in price from its current fair value or double in price from its post-halving fair value.

Bitcoin To Skyrocket by Over 110% if History Repeats, Says Hedge Fund Veteran Mark Yusko – Here's the Timeline

The malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.

Call of Duty Cheaters Allegedly Lose Their Bitcoin as Hackers Target Gamers With Malware

Arbitrum

Fantom

Google search results display the remaining token balance in the wallet per network and the time the balance was last updated.

Google now allows wallet address searches for Bitcoin, Fantom, Arbitrum and others

Peter Schiff, a prominent critic of Bitcoin (CRYPTO: BTC), has expressed his views on the potential of gold outperforming Bitcoin in the upcoming month despite the lack of recommendations for gold ETFs on CNBC's Fast Money. What Happened: On Tuesday, Schiff took to X (formerly Twitter) to voice his thoughts on the recent investment advice given on CNBCFastMoney.

Bitcoin Critic Peter Schiff Slams BTC ETF Recommendation Over Gold Assets Despite Record High For Precious Metal

A widely followed crypto analyst is updating his outlook on Bitcoin's (BTC) path forward in the ongoing bull market cycle.

Analyst Jason Pizzino Predicts Bitcoin Price Targets and Potential Spurring of 2024 Altseason – Here's His Outlook

Brazilian exchange operator B3 said on Thursday it received a green light from the country's securities regulator to offer bitcoin futures, with trading to start on April 17.

Brazil exchange operator B3 to offer bitcoin futures in April

The CEO of Blackrock, the world's largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.

Blackrock CEO Larry Fink ‘Very Bullish' on Bitcoin — Hails IBIT ‘the Fastest Growing ETF' Ever

Bitcoin (CRYPTO: BTC) has seen significant gains, closing seven consecutive months in the green for the first time. Analysts are optimistic about Bitcoin's bullish momentum, anticipating a $150,000 peak.

Bitcoin Surpasses $70,000 Mark As Halving Looms: Trader Sees BTC 'Less Than 4% From A Huge Breakout'

A widely followed crypto analyst is keeping an eye on altcoins as Bitcoin (BTC) leads the markets with its latest break out. Crypto trader Michaël van de Poppe tells his 708,300 followers on the social media platform X that BTC just needs to stay above $67,000 to retest its all-time high (ATH). “Bitcoin holds above crucial levels.

Crypto Trader Breaks Down Bitcoin's Break Out, Says Altcoins Will Soon Wake Up

CoinFlip's Daniel Polotsky argues the introduction of ETFs and institutions could disrupt the cyclical price pumps that have historically trailed the Bitcoin halving.

Is This the End of Bitcoin's 4-Year Bull/Bear Market Cycle?

In Lewis Carroll's classic, "Alice in Wonderland," the Red Queen tells Alice that in her kingdom, "it takes all the running you can do, to keep in the same place." This vivid metaphor is apt for the current pace of technological change, particularly in the realms of Artificial Intelligence (AI) and Web3.

5 New Advancements In AI And Web3 -Meme Coins, Base, Bitcoin Halving

Just like equities have the S&P 500 and NASDAQ 100, we now see the emergence of cryptocurrency and digital asset indices.

News for Bitcoin Crypto (BTC)