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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.

South Korean authorities are discussing whether to allow sales of spot bitcoin exchange-traded funds (ETFs) in the country, the financial watchdog chief said on Tuesday.

S.Korea authorities discuss prospects for allowing spot bitcoin ETFs

Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett's company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never ‘too late' to buy Berkshire stock. It is still very very early for bitcoin.

Skybridge Founder Insists It's ‘Still Very Early' to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway

Veteran trader Peter Brandt foresaw Bitcoin's (CRYPTO: BTC) rise to new heights in 2022 when the apex cryptocurrency was valued at around $22,500. Responding to a conversation on X, formerly Twitter, Brandt agreed with a user's perspective about Bitcoin's future potential.

Bitcoin Merely Hundreds Away From All-Time High — Is Peter Brandt's 2022 Prediction About To Come True?

Dogecoin

Ethereum

Major cryptocurrencies surged on Monday evening as Bitcoin's price rally showed no signs of slowing down. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin Nears $69K, On Verge Of Touching All-Time High — Ethereum, Dogecoin On A Tear: Analyst Predicts King Crypto Hitting $125K Is On The Cards Before 2025

Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.

Bitcoin surges past $68,000, in sight of record high

Bitwise's chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there's too much demand and not enough supply” for the cryptocurrency.

Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply'

Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company's executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world's “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc.

Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale

Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months.

Bitcoin Surges Above $68,000: Analysts Target $80,000 Soon

With Bitcoin inches away from setting a new all-time high price, rising Ordinals sales have flung one NFT marketplace on top.

Bitcoin Ordinals Are Reshaping the NFT Marketplace Landscape

The only time MSTR was priced higher than today was back in 2000.

MicroStrategy Stock Surges 24% as Bitcoin Nears All-Time High Price

During bitcoin's extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon's mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop.

Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

Microstrategy shares fell in extended trade on Monday, after the company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin.

Microstrategy shares fall after announcing convertible offering to buy bitcoin

Bitcoin (CRYPTO: BTC) crossed the $67,000 level for the first time since 2021 on Monday, adding another leg to the unrelenting rally over the last six months. CNBC's Jim Cramer believes he knows what's pushing the world's largest cryptocurrency higher.

Jim Cramer Has An Answer For Why Bitcoin Is Rallying, Telling Investors To 'Get Ready' For What's Next

The Runestone airdrop is designed to reward early believers in the Ordinals movement.

Bitcoin Ordinals Airdrop Nears as Runestone Project Inscribes Largest Blocks Ever

With its Bitcoin holdings topping $13 billion and stock price surging, MicroStrategy plans to raise even more money to keep buying BTC.

MicroStrategy Seeks to Raise $600 Million to Buy Even More Bitcoin

The business intelligence firm continues its aggressive bitcoin accumulation strategy as its stock price rips past $1,330.

MicroStrategy To Raise $600 Million To Buy More Bitcoin

Michael Saylor's MicroStrategy saw its overall value balloon as the company's bitcoin portfolio appreciated amid rising prices.

MicroStrategy's shares surge over 23% as bitcoin portfolio exceeds $13 billion

A crypto analyst who accurately called the bottom of the 2018 Bitcoin bear market believes BTC has more room to run to the upside before topping out.

Top Crypto Strategist Says Bitcoin in Midst of Monster Rally, Unveils Bull Market Target for BTC

Bitcoin's price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said.

Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap

On-chain analyst Willy Woo says Bitcoin could hit the $125,000 mark at a “minimum” this year if financial giants BlackRock and Fidelity allocate relatively conservative amounts of capital.

Willy Woo Says Bitcoin To Break $125,000 Minimum Before End of 2025 As ‘Full Demand Unleashed' – Here's What He Means

What's different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.

What Happens if Bitcoin Reaches an All-Time High?

Coinbase (NASDAQ: COIN) is struggling with connectivity again, as users report zero balances. What Happened: The company reported the second instance of connectivity problems in less than a week, indicating strong interest from traders following the Bitcoin price rally.

Coinbase At It Again: Crypto Exchange Dims When Bitcoin Sparkles At $67,000, 'Users Are Flooding Exchanges, It's Time'

FTX liquidators have launched the claims portal for creditors of the bankrupt crypto exchange using prices from the 2022 bear market. Pricewaterhouse Cooper (PwC) says creditors must register and submit the necessary documents on the FTX Digital Claim Portal before May 15th, the claim bar date.

FTX Opens Claim Window, Sets Prices for Bitcoin, Ethereum and Others Close to 2022 Bear Market Lows: Report

The SEAL01 chip features a 4-nanometer process technology and indicates a power efficiency of 18.1 J/TH.

Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

Coinbase crashed yet again as a Monday surge in Bitcoin's price brought another surge in traffic.

News for Bitcoin Crypto (BTC)