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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.

The largest ordinal inscription, the Runestone, is up for auction. The highest bid is $17,261.61.

Bitcoin Ordinals Project Runestone Hosts Auction Ahead of Airdrop

Leading cryptocurrency Bitcoin (CRYTPO: BTC) hit new all-time highs on Tuesday reaching past the $69,000 price level. While this accomplishment was well-received by the crypto community, many point to the next milestone prices, including $100,000.

Bitcoin Hits New All-Time Highs, Nears Meme Number: Could $69,420 BTC Break The Internet?

Addressing the critical need for enhanced security in mobile communications, Cloaked Wireless announced on Wednesday that it rolled out a new suite of services to safeguard users against the increasing threat of SIM swap and port-out attacks. What Happened: The company now allows customers to pay for their secure communication services using Bitcoin (CRYPTO: BTC), positioning itself as one of the pioneering wireless service providers in the U.S. to accept cryptocurrency.

Pay With Bitcoin For This 'Unbreakable' Mobile Network: But Can It Stop SIM Swaps?

Lawmakers in The Grand Canyon State cite the rapid growth seen by funds tracking the digital asset.

Bitcoin ETFs Could Be Added to State Retirement Portfolios in Arizona

10x Research analyzed the recent Bitcoin (CRYPTO: BTC) liquidation crash following the new all-time high. The digital asset research firm expected a crash only next week, based on Bitcoin following the same pattern as it did during a rally in the fall of 2017.

Bitcoin's 3 Price Action Scenarios: Below A Certain Price It's Time To Get 'Cautious,' Research Shows

Brave says Bitcoin is expanding its use cases and is serving as a foundation for innovation.

Brave Wallet Integrates Bitcoin Support For Its 60 Million Users

The price of Bitcoin (BTC) continues to rise, but is coming up against obstacles at the psychological price threshold of $70,000. Price analysis by Coinidol.com.

Bitcoin Rises Again, But Faces The $70,000 Barrier

Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

The chief executive of market insights platform Fundstrat is doubling down on his bold year-end prediction for Bitcoin (BTC).

Fundstrat's Tom Lee Doubles Down on Massive Year-End Bitcoin Price Target As BTC Nears All-Time Highs

Pantera Capital portfolio manager Cosmo Jiang says that the firm is expecting altcoins to outperform Bitcoin (BTC) by “many multiples” in the current market cycle.

Altcoins Likely To Outperform Bitcoin by Many Multiples, According to Pantera Portfolio Manager

On March 5, 2024, Bitcoin reached a new all-time high (ATH), breaching the $69,000 level. This was a huge moment, considering that many were willing to count Bitcoin out when it was trading at the $15,000 level less than 15 months ago.

Fundstrat's Tom Lee: Bitcoin Will Reach "$150,000 Before Year End"

In early 2024, the Securities and Exchange Commission (SEC) allowed 10 spot Bitcoin exchange-traded funds (ETFs) to begin trading in a landmark decision. The ETFs were sponsored by some of the largest asset management companies in the world, such as BlackRock Inc. and Fidelity Investments.

BlackRock's Bitcoin ETF Breaks Net Inflows Record; Will The Bull Run Continue?

If bitcoin's an inflation hedge, shouldn't we adjust it for inflation?

Adjusted for Inflation, Bitcoin Hasn't Topped Its All Time High

Pro-democracy activists around the world sometimes rely on bitcoin as a money of last resort, which is a crucial use case that sets it apart from other assets.

How Bitcoin Can Be A Tool For Human Rights Activists

London's Metropolitan Police hold more than $3.88 billion worth of Bitcoin (BTC) from a massive 2018 seizure, according to crypto analytics firm Arkham Intelligence. Arkham notes the United Kingdom law enforcement agency seized 61,000 Bitcoin from Jian Wen and Zhimin Qian back in 2018 and subsequently gained access to the crypto assets years later.

UK Metropolitan Police Holding $3,883,974,968 in Bitcoin (BTC) From 2018 Seizure: Arkham Intelligence

Bitcoin (CRYPTO: BTC) on Tuesday captured the attention of the financial sector by crossing the coveted $69,000 mark, before nose-diving over 11% on the same day.

Bitcoin Soars Past $69,000, Then Takes A Nosedive: Experts Tell Benzinga What's Next

A vintage Bitcoin whale who mined BTC in 2010 has sent his coins to crypto exchange Coinbase after holding onto his mining rewards for 14 years. BTCParser, a platform that monitors wallets that haven't made any outgoing transactions since the moment of their inception, spotted the massive transactions.

Vintage Bitcoin Whale Dormant for Nearly 14 Years Suddenly Moves $66,129,507 to Coinbase: On-Chain Data

The BlackRock iShares Bitcoin ETF added 12,447 BTC on Tuesday during a record-setting day for both the ETF and Bitcoin's own price.

BlackRock's Bitcoin ETF Added $778 Million in BTC Amid All-Time High

Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so soon if the ETFs hadn't launched?

Bitcoin Record High Would've Happened Without ETFs, Just Later, Say Experts

The MicroStrategy CEO predicts Bitcoin ETF growth will soon outpace other leading ETFs.

Bitcoin ETFs Are Starting to Compete With S&P 500, Says Michael Saylor

Politicians, policymakers and Bitcoin industry leaders are meeting in Washington D.C. for the second annual Bitcoin Policy summit to explore the implications of Bitcoin and digital assets on federal policy.

Policymakers, Bitcoin Industry Leaders to Meet in Washington D.C. at Bitcoin Policy Summit

Asset management giant BlackRock is planning on including spot market Bitcoin (BTC) exchange-traded fund (ETF) exposure in its proposed in-house investment fund. BlackRock recently submitted a prospectus to the U.S.

BlackRock Files With SEC To Include Bitcoin ETF Exposure for In-House Investment Fund

The U.S. Internal Revenue Service (IRS) is gearing up for a new campaign to tackle the digital assets industry and the tax implications that come with it. To prepare for collecting crypto tax, the IRS recently hired industry veterans Sulolit “Raj” Mukherjee and Seth Wilks to serve as executive advisers for the agency.

IRS Targeting Bitcoin and Crypto Traders As Digital Currencies Become Top Priority For Agency: Report

Expansion of Bitcoin mining in Ethiopia offers a route to monetizing a coming massive increase of energy production, and help finance the build out of electrical grid infrastructure.

5 Ways Bitcoin Mining Benefits Ethiopia

The company's convertible debt offering will have a conversion price at 42.5% premium to last close.

News for Bitcoin Crypto (BTC)