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.

Dogecoin

Ethereum

Cryptocurrency markets rallied on Thursday morning after the Federal Reserve delivered its anticipated 25-basis point rate cut, lifting risk sentiment across digital assets Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $117,201.67 Ethereum (CRYPTO: ETH) $4,581.02 Solana (CRYPTO: SOL) $246.71 XRP (CRYPTO: XRP) $3.13 Dogecoin (CRYPTO: DOGE) $0.2804 Shiba Inu (CRYPTO: SHIB) $0.00001334 Notable Statistics: Coinglass data shows 107,269 traders were liquidated in the past 24 hours for $400.85 million. SoSoValue data shows net outflows of $51.3 million from spot Bitcoin ETFs on Wednesday.

Bitcoin Taps $117,000, Ethereum, XRP, Dogecoin Shine On Federal Reserve Rate Cut

Palafox falsely claimed that PGI was engaged in high-volume bitcoin trading, defrauding over 90,000 investors worldwide.

Bitcoin trading firm CEO pleads guilty to $200 million Ponzi scheme, faces up to 40 years in prison

In a recent article, Alex Gladstein argues that Trump's sudden embrace of bitcoin had ulterior motives. He believes Trump's interest in crypto is more about promoting stablecoins to extend the dollar's hegemony than about replacing fiat.

Analyst: Trump Rode the Bitcoin Wave to Strengthen the Dollar

Spot bitcoin (BTC) ETFs saw their first daily outflows in over a week on Wednesday, shedding a net $51.28 million, as investors reacted to the Federal Reserve's unexpectedly cautious outlook on future policy.

Bitcoin ETF Inflows Reverse as Fed's Hawkish Outlook Triggers Market Caution

Ramil Ventura Palafox admitted to defrauding more than 90,000 investors through a fake Bitcoin trading program.

CEO of ‘Textbook Ponzi' Pleads Guilty in $200M Bitcoin Fraud Case

Solana

Analysts told CoinDesk early this week that major cryptocurrencies led by bitcoin would resume their slow grind higher following Wednesday's Fed rate cut.

BTC, XRP, SOL, DOGE Resume Slow Grind Higher After Fed, Dollar Index is Resilient Too

GD Culture Group has entered a share‑exchange agreement to acquire Pallas Capital's assets, including 7,500 BTC, to accelerate its crypto‑treasury strategy. Pallas Capital Acquisition Boosts GD Culture's Treasury Strategy GD Culture Group Limited (Nasdaq: GDC) has announced a landmark deal to acquire Pallas Capital Holding Ltd.

GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury

Bitcoin failed to break out of its range, but other major coins rose on Wednesday as the Federal Reserve implemented its first interest rate cut of the year. Cryptocurrency Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin Unmoved By Fed Rate Cut; Ethereum, XRP, Dogecoin Spike: Analyst Says BTC Should See $120,000 By End Of Week If 'All Goes To Plan'

After the Fed decision on Wednesday, analysts Decrypt spoke with were upbeat that Bitcoin would rise throughout the remainder of 2024.

Where Is Bitcoin Headed Next Following Fed Chair Powell's Remarks?

Bitcoin Magazine Fed Rate Cut Boosts Bitcoin Price Ahead of Q4 Melt-Up The US Federal Reserve has cut rates 25 bps as we head into what has historically been a bullish period for bitcoin's price, potentially adding fiat fuel to a bull run which could end in a historic crash. This post Fed Rate Cut Boosts Bitcoin Price Ahead of Q4 Melt-Up first appeared on Bitcoin Magazine and is written by Frank Corva.

Fed Rate Cut Boosts Bitcoin Price Ahead of Q4 Melt-Up

Bitcoin fell, but only slightly, after the Fed cut rates. The charts suggest consolidation before the next big move, though prediction markets remain bullish.

Sell the News? Bitcoin Market Shrugs Off Fed Moves: Analysis

According to blockchain parsing data from btcparser.com, a pack of long-silent wallets have been stirring back to life over the past 48 hours. Several Bitcoin Time Capsules Opened Over the Last 48 Hours On Tuesday, one slumbering bitcoin address finally stretched its legs, sending out 99 BTC—the first activity since Jan.

Dormant Bitcoin Giant Stirs, Moves 1,000 BTC After Decade in Hiding

Those tokens are worth around $876 million at current prices, making GDC among the top 15 largest publicly traded bitcoin holders.

Nasdaq-listed crypto treasury GD Culture to add 7,500 BTC after Pallas Capital acquisition closes

Crypto markets traded sideways after the Federal Reserve announced a 25-basis points rate cut, a move widely expected by traders. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $115,789.23 Ethereum (CRYPTO: ETH) $4,494.23 Solana (CRYPTO: SOL) $234.62 XRP (CRYPTO: XRP) $3.01 Dogecoin (CRYPTO: DOGE) $0.2676 Shiba Inu (CRYPTO: SHIB) $0.00001302 Notable Statistics: Coinglass data shows 94,252 traders were liquidated in the past 24 hours for $213.04 million.

Bitcoin, Ethereum, XRP, Dogecoin Hold Steady As Federal Reserve Cuts 25 Basis Points

The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday's interest rate cut by the U.S.

Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates

Bitcoin Magazine Federal Reserve Cuts Interest Rates by 25 Basis Points; Bitcoin Climbs Above $116,000 The Federal Reserve lowered interest rates by 25 basis points to 4.00–4.25%, marking its first cut in years. Bitcoin rose slightly above $116,000 on the news, according to Bitcoin Magazine Pro. This post Federal Reserve Cuts Interest Rates by 25 Basis Points; Bitcoin Climbs Above $116,000 first appeared on Bitcoin Magazine and is written by Nik.

Federal Reserve Cuts Interest Rates by 25 Basis Points; Bitcoin Climbs Above $116,000

The U.S. central bank had been widely expected to cut the interest rate amid concerning jobs and other economic data.

Bitcoin Steady as Fed Cuts Interest Rates for First Time Since December

Bitcoin Magazine Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference Michael Saylor's remarks at the Bitcoin Treasuries Unconference in NYC continue painting a picture of Bitcoin as yield-generating capital. This post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference first appeared on Bitcoin Magazine and is written by Joakim Book.

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

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

The Daily: OG bitcoin whale's 1,000 BTC move, XRP treasury firm's 65% discount, Forward Industries' $4B ATM for SOL, and more

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc.

Tokyo's Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Coinidol.com: Bitcoin (BTC) is exhibiting renewed strength, surging past the $116,000 mark and showing strong bullish momentum fueled.

Bitcoin Price Reaches $116,200 As Institutional Demand And Macro Trends Converge

Metaplanet, a Tokyo-listed hotel group that owns $2.3 billion worth of Bitcoin, said on Wednesday that its business is expanding to the U.S.

Metaplanet Stock Slides as Top Japanese Bitcoin Treasury Sets Up Shop in Miami

Hands-on Review by Bitcoin.com. For decades, global markets have been walled off. Stocks, bonds, and ETFs have sat behind layers of banks, brokers, and paperwork. Today, that wall is cracking. Trust Wallet – the world's leading self-custody wallet with more than 200 million downloads – has just introduced support for tokenized real-world assets (RWAs).

Hands-on Review by Bitcoin.com – Digging Into Trust Wallet's RWA World

Bitcoin traded at $116,236 as of 14:04 UTC on Sept. 17, up about 1% in the past 24 hours, holding above a key level as markets await the Federal Reserve's policy announcement.

Analyst Predicts ‘Uptober' Rally for Bitcoin Regardless of Fed's FOMC Decision

Bitcoin (CRYPTO: BTC) is hovering around $116,000 ahead of Wednesday's Federal Reserve interest rate decision as traders on Polymarket are heavily betting on both a 25 basis points and a 50 basis points cut. What Happened: At the time of writing, a 25 basis points cut is priced at 90%, compared to 8% for a 50 basis points cut and 2% for no cut.

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