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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.

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading past the key $52,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,700 mark this morning.

Bitcoin Tops $52,000 Following Retail Sales, Jobless Claims Data; VeChain Emerges As Top Gainer

After years of vilifying Bitcoin as money for criminals, terrorists, and climate change deniers, Senator Elizabeth Warren (D-MA) honored Satoshi Nakamoto for the 15th anniversary of the network's launch with a commemorative flag flown over the United States Capitol, unveiled by NYC's PubKey.

Elizabeth Warren Pivots on Bitcoin, Honors Nakamoto With Flag Over Capitol

Gareth Soloway, a self-described "Master Trader" with a 140,000-strong YouTube following, drew derision from the Bitcoin (CRYPTO: BTC) community for entering a short position at $50,000. What Happened: "Not going to be popular with the maxis," Soloway announced as he revealed his trade.

Video Of 'Master Trader' Shorting Bitcoin At $50K Goes Viral: 'Absolute Worst Trade I've Ever Seen In My Life'

Ethereum

Cryptocurrency giants Bitcoin (BTC) and Ethereum (ETH) have skyrocketed to 1-year highs, showcasing recovery after recent market fluctuations. Meanwhile, new tokens including NuggetRush (NUGX), InQubeta (QUBE), and Borroe Finance ($ROE) are gaining attention, thanks to their unique offerings.

Bitcoin and Ethereum Hit 1 Year High As Up And Coming Tokens Also Gain Traction

As bitcoin's value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest.

Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals

A closely followed crypto analyst is warning that Bitcoin (BTC) could have a severe market correction in the coming weeks. In a new strategy session video, pseudonymous analyst Rekt Capital tells his 54,700 YouTube subscribers that Bitcoin may repeat a historical pattern and crash by up to 30% before the halving event in April.

Crypto Analyst Issues Bitcoin Alert, Says BTC Could Crash by up to 30% – Here's the Timeline

Bitcoin BTC and ethereum's price boom has thrust crypto back into the limelight—with the Biden administration declaring a crypto "emergency."

Leak Reveals A Fed CBDC ‘Digital Dollar' Could Be Closer Than You Think Amid A Huge Bitcoin And Ethereum Price Boom

Bitcoin call-option buying at strike prices above $60,000 surge for expiries from April through to December, according to a report.

Bitcoin call-option buys surge at $60,000 and $80,000 strike prices: QCP Capital

Bitcoin (CRYPTO: BTC) has made a comeback, soaring past the $52,000 mark in early morning trading sessions. What Happened: This surge comes despite a brief setback attributed to a concerning inflation report from the United States.

Bitcoin Market Cap Surpasses $1 Trillion After 2 Years — That's Bigger Than GDP Of Netherlands, Switzerland Or UAE

Growing Bitcoin ETF interest from Wall Street and the upcoming halving are extremely bullish for BTC, according to analysts.

Bitcoin Hits $52K as BTC Exchange Liquidity Grows at Blistering Pace

Cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) amid the flagship digital asset recording a double-digit gain over the past seven days.

‘That's a Huge Sign' – Trader Michaël van de Poppe Predicts This Factor Will Trigger Bitcoin (BTC) Price Acceleration

Cryptocurrency traders faced a wave of liquidations on Valentine's Day as Bitcoin (CRYPTO: BTC) soared to new heights, with prices hitting $52,000—marking a two-year peak. What Happened: This surge led to $180 million worth of short positions being wiped out within 24 hours.

Bitcoin Price Surge To $52K Triggers $180M In Short Crypto Liquidations On Valentine's Day As 'Greed' Takes Over

Bitcoin's ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.

Bitcoin-Yen Pair Hits Record High, Reflects Stress on Japan's Fiat Currency

The notional open interest of Bitcoin futures contracts has climbed to a 26-month high of $21 billion, fueling optimism about the leading cryptocurrency's recent price rally.

Bitcoin Futures Open Interest Hits Highs of November 2021 as BTC Surge Past $52,000

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don't have the same in bitcoin.

SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference' Between Bitcoin and US Dollar

Dogecoin

Major cryptocurrencies experienced a surge on Wednesday evening, surprising investors with a Valentine's Day treat.

Bitcoin, Ethereum, Dogecoin Surge In Valentine's Day Market Rally: Analyst Predicts King Crypto Will 'Quite Likely' Hit $60K

Avalanche

A widely followed crypto trader believes that a trio of altcoins are gearing up for big moves to the upside.

Trader Predicts Big Surge for Bitcoin Ecosystem Altcoin and Two Additional Crypto Assets – Here Are His Targets

Solana

Market indicators are all green, but there are reasons to be bullish beyond how they mirror what Bitcoin does.

Ethereum and Solana Post Big Gains, Following Bitcoin Bullishness

There is an intense debate ongoing in the state of Tennessee about a bill to update its Uniform Commercial Code. In years past, this might have been seen as an uncontroversial and boring change to the law that is of interest only to financial businesses based in the state.

Bitcoin Bliss Or Loss For Liberty? Inside The Uniform Commercial Codes

Where I live in the state of Tennessee, there is an intense debate going on about a bill to update our Uniform Commercial Code (UCC). In years past, this might have been seen as an uncontroversial and boring change to state law that is of interest only to financial businesses based here.

UCC Amendments: Trojan Horse For Bitcoin Or CBDC Nightmare?

After a lukewarm start, Bits announces price reduction and supply cut, while emphasizing a commitment to gaming on Bitcoin.

Bitcoin Ordinals Gaming Project Bits Slashes Price, Supply After 'Misjudging' Market

Money keeps flowing into the new ETFs, and as a result, BTC continues flying high.

BlackRock Bitcoin ETF Gains $500M as Wall Street Appetite for BTC Grows

After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year.

Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth

Crypto analyst Kevin Svenson believes Bitcoin (BTC) could rally to a key resistance level ahead of the halving event. In a new strategy session, the trader tells his 72,000 YouTube subscribers that the flagship digital asset's upward momentum could take it to $60,000 before the April halving event, when miners' rewards are cut in half.

Bitcoin (BTC) ‘Quite Likely' To Hit $60,000 in Coming Weeks, Says Crypto Strategist – But There's a Catch

Gerber Kawasaki has yet to begin recommending spot bitcoin ETFs to retail clients but has bought some of BlackRock's IBIT.

News for Bitcoin Crypto (BTC)