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.

The bitcoin BTC$103,900.89 price is approaching its lowest since June 24, trading near $103,000. It is now about 20% below its Oct. 6 record high of $126,500.

Bitcoin Nears Lowest Since June as U.S. Government Shutdown Hits Joint Longest

Analysts say a DeFi crisis and macro fears sparked a crypto sell-off, but the leverage flush may pave the way for a sustainable recovery.

Bitcoin Slips Below $104K as Crypto Market Extends Losses

Bitcoin (CRYPTO: BTC) has a more than 70% chance of falling below $100,000 this month if cryptocurrency bettors are to be believed. Polymarket Bookmakers Bearish On BTC?

Bitcoin In Free Fall, Polymarket Traders Forecast Drop Below $100,000 in November

The crypto economy kicked off the second day of the week in a downturn, with bearish sentiment resulting in a 3.2% decline in total market capitalization, dropping to $3.55 trillion.

BTC Plummets to $104K: $1.32 Billion Liquidated Amid Market FUD and Collapse Warnings

U.S. president Donald Trump warned China is trying to take on the U.S.

Trump Just Issued A ‘Very Big' China Warning As Bitcoin Teeters On The Verge Of A Major $100,000 Price Crash

Cipher Mining Inc. (NASDAQ:CIFR) CEO Tyler Page shed light Monday on the substantial benefits the company has reaped from its big-ticket deals with Amazon.com Inc. (NASDAQ:AMZN) and Fluidstack. CEO Acknowledges Bitcoin ‘Bias' During the company's third-quarter earnings call, Page was asked about the effect these partnerships have had on the company's image and credibility.

Amazon, Google Deals Boosted Cipher Mining's Credibility, Says CEO, But Admits 'Bias' Linked To Bitcoin Mining Background

Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales Bitcoin Mining Capacity to 11.3 EH/s NIP Group Inc.

NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal

Ethereum

Solana

Bitcoin began November under pressure after closing out its worst October in ten years, slipping below $105,000 earlier Tuesday as selling across majors deepened in the wake of last week's Federal Reserve decision.

Ether, Solana, XRP Drop 8% in Fresh Move Lower, But Bitcoin Could See a Bullish November

Bitcoin BTC$107,661.53 has fallen below a key support level that had been holding back a slide toward $100,000, amid weakening momentum in tech stocks.

Bitcoin's Last Support Before $100K Breaks as 'Mag 7' Skew Flips, Oracle CDS Surges

Dash (CRYPTO: DASH) exploded on Monday, extending its winning streak in an otherwise downtrending cryptocurrency market. DASH Rallies While Other Cryptos Struggle The Layer-1 cryptocurrency soared 70% in the last 24 hours, reaching values not seen since January 2022.

Bitcoin, Ethereum Disappoint, But Did You Catch This Privacy Token's 70% Rally?

Bitcoin's "Red October" is a healthy correction that could fuel a bullish November, targeting up to $150K by year-end, Decrypt was told.

Bitcoin Price Outlook: What's Next After Red October?

Strategy Inc. is ramping up bitcoin accumulation with fresh purchases that extend its record-breaking holdings, signal unshakable conviction in digital assets, and strengthen its position as the definitive institutional leader in bitcoin's accelerating global ascent. Strategy Expands Bitcoin Treasury With Unstoppable Momentum and Institutional Scale Strategy Inc.

Strategy Pushes Bitcoin Holdings to 641,205 BTC, Achieves 26.1% BTC Yield

Bitcoin's sharp drop from $112,000 to below $106,000 on Monday triggered one of the largest liquidation waves in weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets.

Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Dump 5-10%

Strategy plans to offer 3.5 million shares of euro-denominated perpetual preferred stock STRE to fund bitcoin purchases.

Strategy proposes euro STRE share offering to fund future bitcoin buys

Dogecoin

Leading cryptocurrencies sank deeper on Monday as the market recorded over $1 billion in liquidations. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

OG: Bitcoin, Ethereum, XRP, Dogecoin Plummet As 'Extreme Fear' Grips Investors: Analyst Says ETH Entering 'Final Stage' Of Correction

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: BTC Tests Its Floor as Legacy Sellers Meet Macro Rotation

Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space.

Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding

Bitcoin Magazine Bitcoin Price Crashes to $106,000 As Bulls Eye Strong November Bitcoin price continued to drop today, crashing to lows of $105,200. Bitcoin Price Crashes to $106,000 As Bulls Eye Strong November Micah Zimmerman.

Bitcoin Price Crashes to $106,000 As Bulls Eye Strong November

The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City's next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani will likely be New York City's next mayor according to Polymarket, and bitcoin traders don't seem too pleased by it.

Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory

The final week of October delivered a mixed performance for crypto ETFs. Bitcoin funds bled nearly $800 million, ether products held steady with modest inflows, and solana ETFs stole the spotlight with a $199 million debut, signaling a shifting behavior in investor sentiment.

ETF Recap: Bitcoin ETFs Bleed $799 Million as Solana ETFs Soar in Debut Week

The transactions are the latest between Magnificent Seven companies and Bitcoin miner and data center firms.

Bitcoin Miners IREN, Cipher Rise After Multi-Billion-Dollar Microsoft, Amazon Deals

Bitcoin remains range-bound near the $107,000 level following the Federal Reserve's hawkish stance, with total liquidations now exceeding $1 billion. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $106,934.68 Ethereum (CRYPTO: ETH) $3,630.15 Solana (CRYPTO: SOL) $167.96 XRP (CRYPTO: XRP) $2.34 Dogecoin (CRYPTO: DOGE) $0.1693 Shiba Inu (CRYPTO: SHIB) $0.059348 Notable Statistics: Coinglass data shows 307,714 traders were liquidated in the past 24 hours for $1.19 billion.

Bitcoin, Ethereum, XRP, Dogecoin Extend Losses As Crypto Liquidations Surpass $1 Billion

Solana funds surged with $421 million in fresh capital. Overall, crypto ETFs shed $360 million in assets.

US Bitcoin ETFs Lost $946 Million After Hawkish Tone From Fed

Bitcoin Magazine Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO After a stint as interim CEO, Abubakar Nur Khalil is officially Btrust's new chief executive officer. Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO Micah Zimmerman.

Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO

Bitcoin (CRYPTO: BTC) wanted to upend the financial system; Tether (CRYPTO: USDT) quietly built one of its own. With more than $135 billion parked in U.S. Treasuries — more than South Korea — and $10 billion in profits this year alone, the world's biggest stablecoin issuer has become something the crypto world never intended to create: a central bank in all but name.

News for Bitcoin Crypto (BTC)