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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 country's bonds have also surged to over 80 cents on the dollar.

El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%

Multiple users of Coinbase's U.S. platform said on Wednesday that their account balances were wiped out.

Amid Ferocious Bitcoin Rally, a Coinbase Snafu Shows $0 Balances for Customers

Since Bitcoin was created in 2009, there has been a mystery surrounding who created the project. The founder, known as Satoshi Nakamoto, has largely remained anonymous.

Satoshi's Lost Emails Revealed: Who Created Bitcoin?

On Wednesday, bitcoin's value ascended past the $60K threshold, peaking at a 24-hour high of $61,389. Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.

Bitcoin's Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally

SkyBridge Capital's Anthony Scaramucci believes the upcoming Bitcoin (CRYPTO: BTC) halving could send Bitcoin prices surging to $200,000 and beyond. What Happened: Tuesday on CNBC's “Squawk Box,” Scaramucci laid out the bull case for Bitcoin.

This Upcoming Catalyst Could Ignite Bitcoin Rally To $200K Per Coin

The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.

Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report

The Security and Exchange Commission's (SEC) approval of spot Bitcoin exchange-traded funds (ETFs) on Jan. 10 sparked continued price appreciation of the cryptocurrency as institutional funds invested in the asset. Barely a month later the newly launched ETFs have attracted $7.7 billion, according to Morningstar, resulting in continued optimism in the space.

Bitcoin Advocate Warns 'If They Can Take Trump's Assets, They Can Take Your Bitcoin,' Sees Signs Of Impending 1987-Style Crash

Blackrock's spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $1.3 billion in trading volume. The world's largest asset manager's Ishares Bitcoin Trust (IBIT) also saw a record net inflow on Tuesday. The fund's total bitcoin holdings have now surpassed 141K bitcoins.

Blackrock Bitcoin ETF Shatters Inflow and Volume Records — Holdings Exceed 141K BTC

Bitcoin restaking protocol BounceBit has raised $6 million in a seed funding round co-led by Blockchain Capital and Breyer Capital.

Bitcoin restaking protocol BounceBit raises $6 million in seed funding; already boasts over $545 million in TVL

How would you go about sabotaging Bitcoin if you were a government agent?

The Sabotage of Bitcoin

Bitcoin is now less then $9,000 away from making a new all time high.

Bitcoin Surpasses $61,000 As New All Time High Approaches

Bitcoin's (CRYPTO: BTC) price trajectory took a sharp upward turn on Wednesday, eclipsing the $60,000 mark and reaching heights not seen since November 2021. This resurgence is a clear indicator the cryptocurrency market's prolonged "winter" may finally be thawing.

Bitcoin Crosses $60,000: Is The Crypto Winter Officially Over?

The price of Bitcoin (BTC) broke the $60K barrier, and the Crypto Fear and Greed index shows markets are at extreme greed phase.

Bitcoin Blasts Past $60K as Markets Enter 'Extreme Greed' Phase

Pepe

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices topping the key $59,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $3,300 mark this morning.

Bitcoin Surpasses $59,000 Following GDP Data; Pepe Emerges As Top Gainer

Bitcoin's brute force bull run now has crypto traders eyeing a new all-time high. The leading crypto asset just shattered the $60,000 mark as an analyst who bought the bottom at $16,000 issues an alert to fellow traders.

Bitcoin Price Shatters $60,000 As Elite Crypto Trader Warns ‘The Last Resistance' Has Arrived

Bitcoin broke through the critical $60,000 barrier at 8:30 a.m. Eastern Time on Wednesday, reaching a level last seen in November 2021. The leading cryptocurrency's market value is on the brink of overtaking Meta, positioning it as the ninth most valuable asset in the world by market capitalization.

Bitcoin Breaks $60K Barrier — On the Verge of Outranking Meta by Market Value

Babylon, a Bitcoin staking protocol under development since 2022, has launched its first testnet to the public.

Bitcoin staking protocol Babylon launches testnet, rewarding NFT passes

Chainlink

Asset managers Ark Invest and 21Shares have taken a step towards more transparency of their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink's proof of reserves to bring reserve data on the Avalanche mainnet, the companies announced Wednesday.

Ark and 21Shares To Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration

Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021.

Bitcoin jumps above $60,000 for the first time since November 2021

The price of bitcoin (BTC) rose above $60K during morning U.S. trading hours on Wednesday, it's first time above that level since November 2021.

Bitcoin Pushes Through $60K for First Time Since November 2021

Bitcoin has rallied above the $60,000 mark, a high not seen since November 2021, according to The Block's Price Page.

Bitcoin price breaks through $60,000 mark as ETF inflows surge

As bitcoin weaves its way through the market's intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992, highlighting a period of volatility but with an extremely bullish undertone.

Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence

Bitcoin's (CRYPTO: BTC) price has consistently risen for five consecutive days, positioning the premier cryptocurrency for its most significant monthly increase since October 2021. Bitcoin's value climbed by up to 4.1% early Wednesday, reaching $59,053.

Bitcoin On The Brink: Should You Buy Now Or Wait For A Possible Correction?

With prices approaching $60,000 for the first time in over two years, we explore the key factors around Bitcoin's latest surge.

Bitcoin Eyes $60K: What's Driving this Surge?

Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of development and layer-2 building now taking place on the original blockchain.

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