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 BTC$104,608.94 fell below the $100,000 level on Tuesday, its weakest price since late June in a broader crypto market correction. The move below that level was met with at least a bit of buying, though, with the price bouncing back to $101,300 within minutes

Bitcoin Plunges Below $100K for First Time Since June as Crypto Correction Worsens

Bitcoin just dropped below the $100,000 mark for the first time since May, with Ethereum, XRP, and other hit harder. Is the bull run over?

Bitcoin Crashes Under $100K for First Time Since May, Liquidations Hit $1.3 Billion

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

The Daily: Stream Finance external fund manager discloses $93 million loss, Sequans dumps nearly a third of its bitcoin holdings, and more

Ethereum

Bitcoin hit a daily low of $100,050 while the largest smart contract platforms Ethereum, BNB Chain, and Solana are down over 7%.

Bitcoin teeters near $100,000, ether turns negative for the year amid crypto pullback

Bitcoin Magazine Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market Bitcoin price just tumbled below $100,000, testing levels not seen in months. Bitcoin recently broke below key technical support around $104,000. Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market Micah Zimmerman.

Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market

Bitcoin has dropped about 19% from its record high as the government shutdown saps $700 billion from markets, but analysts see a major rally ahead when liquidity returns.

How Bitcoin Liquidity Has Been Affected by the Government Shutdown

After 17 years of history, we spoke with Bitcoin experts to explore how it has evolved and what key risks it faces today.

Experts Warn: Overconfidence Could Undermine Bitcoin's Progress

IREN this week signed a $9.7 billion cloud services agreement with Microsoft.

Why Bernstein Just Boosted Its Price Target for Bitcoin Miner IREN

Bitcoin Magazine Sequans Sells 970 Bitcoin to Slash Debt, Bitcoin Price Slumps to $101,000 Sequans Communications sold 970 BTC to cut its convertible debt in half, leaving a 2,264 BTC treasury and improving its debt-to-NAV ratio while freeing capital for buybacks. Sequans Sells 970 Bitcoin to Slash Debt, Bitcoin Price Slumps to $101,000 Micah Zimmerman.

Sequans Sells 970 Bitcoin to Slash Debt, Bitcoin Price Slumps to $101,000

The bitcoin miner posted its quarterly report on Tuesday, showing its BTC stockpile grew by over 50% from Q3 2024.

Hut 8 joins rank of top 10 largest public bitcoin holders with over 13,000 BTC

Sequans Communications S.A., a firm that adopted bitcoin as its primary treasury reserve asset, confirmed the sale of 970 BTC to reduce debt and strengthen its balance sheet. The move follows similar actions from other digital asset treasury (DAT) firms, including ethereum-focused ETHzilla, which recently liquidated a portion of its holdings.

‘Strategic Asset Reallocation': Sequans' Bitcoin Sale Gets Roasted Online

Ethereum's ether ETH$3,495.36 also fell below the crash lows at around $3,410, the lowest in three months and down nearly 6% today. XRP$2.2489, BNB BNB$932.19, Solana's SOL SOL$158.87, DOGE$0.1623 and Cardano's ADA ADA$0.5346 declined 5%-7% during the same period.

Bitcoin Careens Toward $100K as Morning Bounce Fails

Nasdaq-listed Sequans sold 970 bitcoins, cutting its bitcoin reserves to 2,264 BTC and halving its debt load.

Sequans dumps nearly a third of bitcoin holdings to pay down debt as BTC falls to four-month low

In what may be the start to putting in a bottom in the crypto sell-off or the harbinger of more brutality to come, or both, Paris-based Sequans (SQNS) became the first of this year's hastily-formed bitcoin treasury companies to unload some its BTC stack.

Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt

MARA is deepening its shift from pure bitcoin mining toward energy ownership and AI-focused infrastructure, mirroring broader sector trends.

MARA posts record $123 million profit by pairing bitcoin operations with new power and AI assets

Bitcoin kicked off November with a drop below $108,000 as long-term holders moved large sums to exchanges, signaling profit-taking. Despite the selling pressure, BTC's resilience above the $100,000 level underscores ongoing institutional support and market stability. Bitcoin Holds Above $100,000 Despite OG Profit-Taking Bitcoin started November under pressure, slipping from $110,000 during Asian trading hours.

Legacy Wallets Drive Bitcoin's November Pullback

Bitcoin (CRYPTO: BTC) has dropped 16% over the past month, triggered by a wave of selling from long-term "OG" holders to smaller retail traders and institutions. What Happened: A prominent market commentator said this type of distribution typically occurs near the late stages of bull cycles, as veteran holders take profits and new entrants absorb supply.

Bitcoin Whales Continue To Sell—Here's What It Means For The Bull Market

Bitcoin Magazine BlackRock Expands Global Bitcoin Strategy with Australian ETF Launch Australia will soon gain access to BlackRock's iShares Bitcoin ETF (IBIT) on the ASX, providing regulated, local exposure to Bitcoin through a traditional exchange. BlackRock Expands Global Bitcoin Strategy with Australian ETF Launch Micah Zimmerman.

BlackRock Expands Global Bitcoin Strategy with Australian ETF Launch

Bitcoin Magazine Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets Bitcoin price slumped to below $102,852 before rebounding as the broader crypto market still tries to gain its footing. Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets Micah Zimmerman.

Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets

Bitcoin's November sell-off worsens as investors take risk off on worries about the AI trade

Bitcoin Magazine Bitcoin Price Slump Could Spark Next Bull Run The bitcoin price may be lagging now, but capital rotation signals a new rally could be near as Gold cools and equities strengthen. Bitcoin Price Slump Could Spark Next Bull Run Matt Crosby.

Bitcoin Price Slump Could Spark Next Bull Run

Bitcoin Magazine Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology Kilian of Boltz reveals exclusive details on bridging Bitcoin's onchain, Lightning, Liquid, and Rootstock layers without trust, amid high-fee environments driving adoption. Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology Juan Galt.

Boltz Exchange Becoming The Leading Bridge Across Bitcoin Layers via “Holy Grail” Technology

Hashprice has plunged to its lowest level since April, when bitcoin was trading around $76,000, now sitting at $43.1 per petahash/second (PH/s). Hashprice, a term coined by Luxor, refers to the expected value of one terahash per second (TH/s) of hashing power per day, representing how much a miner can earn from a specific amount of hashrate.

Bitcoin Mining Profitability Slumps as Hashprice Falls to Multi-Month Low

OG Bitcoin holders selling $40B in the past month certainly isn't helping sentiment, as most are wondering: where is the bottom?

Morning Minute: Crypto Slides into “Extreme Fear” as Bitcoin Tumbles

Bitcoin danced on the edge of a cliff Tuesday, teetering just above critical support at $103,500, and investors felt the tension. With heavy sell-side volume and technical signals flashing red across the board, the market waits to see if gravity—or resilience—wins this round. Bitcoin Chart Outlook Across the daily chart, the landscape remains distinctly bearish.

News for Bitcoin Crypto (BTC)