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.

Short-term holders (STHs) are now almost entirely underwater on their recent bitcoin BTC$95,477.53 purchases. Glassnode defines STHs as entities that have held bitcoin for less than 155 days.

Short-Term Holder Bitcoin Supply in Loss Climbs to Highest Level Since FTX Collapse

Experts forecast volatile consolidation after Bitcoin dropped to $93K Sunday, triggering 'Extreme Fear' and a Death Cross signal.

Bitcoin's Weekend Dip to $93K Sparks Volatility, ‘Extreme Fear': What's Next?

Dogecoin

Ethereum

Bitcoin opened the week above $95,000 as the Crypto Fear and Greed Index dropped to “Extreme Fear”, with $529.47 million liquidated in the past 24 hours. Spot Bitcoin ETFs recorded $492.1 million in net ouflows on Friday, while Ethereum ETFs saw $177.9 million in net outflows.

Bitcoin At $95,000, Ethereum, XRP, Dogecoin Drops 2% Flat On 'Extreme Fear' Sentiment

Bitcoin BTC$95,763.89 and ether ETH$3,208.04 remain in bearish territory after a bruising weekend took both assets to multimonth lows of $93,400 and $3,050.

Crypto Markets Today: Bitcoin, Ether Sink to Multimonth Lows as Liquidity Dries Up

Institutional ownership, ETF absorption, and Strategy's capital access point to a short consolidation instead of a deep drawdown, Bernstein argues.

‘Does not feel like a cycle-peak': Bernstein says bitcoin's 25% slide reflects short-term correction

The recent crypto swoon has pushed bitcoin BTC$95,852.43, ether ETH$3,208.21, and major CoinDesk indices down to the point where they're posting muted or negative returns over the past 365 days – an unenviable position that only XRP has managed to avoid.

XRP Stands Out With 89% Gain as BTC, ETH, CD20 Fall to Muted Returns Over 365 Days

A man convicted over a 2020 Twitter hack that compromised accounts of high-profile figures including former U.S. President Barack Obama has been ordered to repay 4.1 million pounds ($5.40 million) worth of Bitcoin, British prosecutors said on Monday.

UK Twitter hacker who breached Obama accounts ordered to repay 4.1 million pounds in Bitcoin

The derivatives arm of Singapore Exchange (SGX) said on Monday that it would launch bitcoin and ether cryptocurrency perpetual futures trading on its platform.

Singapore Exchange to launch bitcoin and ether perpetual futures

Singapore Exchange's (SGX) derivatives arm will soon let institutions trade one of the crypto market's most popular instruments: perpetual futures.

SGX Derivatives Debuts Bitcoin, Ether Perpetual Futures Tied to iEdge CoinDesk Crypto Indices

Bitcoin has lost about 25% since its October high, in signs of a deepening bear market.

Bitcoin bear market could deepen further as liquidity worries take hold

Bitcoin BTC$95,363.45 has gone the "Strategy (MSTR)-way", falling below a key support to shatter the memory traders had of this level as a reliable bounce zone.

Market Memory Shaken: Bitcoin's Bounce Zone Broken In Strategy-Like Bear Move

Harvard University significantly increased its stake in the iShares Bitcoin Trust ETF (NASDAQ:IBIT), according to the latest 13F filing released on Friday. Harvard's IBIT A ‘Good Validation' For ETFs Harvard Management Company, a wholly-owned subsidiary of Harvard University that manages its endowment, pension assets, and other financial assets, reported holding 6,813,612 shares of IBIT as of Sept.

Harvard University Increased Its Bitcoin IBIT Stake By 257% In Q3: 'As Good A Validation As An ETF Can Get'

Market experts forecasted a liquidity expansion as the US government resumes normal operations, which is expected to improve prices.

Bitcoin hits six-month low near $95,000; analysts optimistic for bullish turn

Economist Peter Schiff contrasted the superior performance of gold with that of Bitcoin (CRYPTO: BTC) on Sunday, advising his followers to rotate into the yellow metal before getting “mauled.” ‘Sell Bitcoin, Buy Gold' Schiff noted that gold had surpassed $4,100 in early Asian trading, while Bitcoin was struggling to hold on to $93,000.

Peter Schiff Says Bitcoin's Bear Market Looks 'Far More Ferocious' When Compared With Gold, Is A Structural Shift Underway?

Leading cryptocurrencies inched lower on Sunday as investors maintained a subdued risk appetite. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Dip, While XRP Ticks Up: Analyst Assumes BTC Will Test New Lows In Upcoming Week

Strategy's leveraged bitcoin approach came under fresh scrutiny Sunday as critics questioned whether Michael Saylor's firm can withstand prolonged market stress.

Arca CIO Jeff Dorman Rejects Claims Saylor's Strategy (MSTR) Faces Forced Bitcoin-Sale Risk

Expanding institutional access is setting bitcoin for broad future growth as massive global capital pools gain new entry points, a shift underscored by Bitwise CEO Hunter Horsley that highlights the asset's potential well past softness.

Bitcoin Dips Lose Meaning With Hundreds of Trillions Near Entry, Says Bitwise

Bitcoin, the world's largest cryptocurrency by market value, was down by 1.59% at $93,684 at 4:21 p.m. ET (2121 GMT) on Sunday.

Bitcoin falls nearly 2% to $93,684

Former White House Communications Director Anthony Scaramucci, and his son AJ Scaramucci have invested in a Bitcoin (CRYPTO: BTC) venture co-founded by Eric Trump and backed by Donald Trump Jr. What Happened: Solari Capital, an investment firm founded by AJ Scaramucci, spearheaded a $220 million funding round in July for the Bitcoin mining company, American Bitcoin.

Anthony Scaramucci and His Son Invest in Trump Family's Bitcoin Venture, Despite Political Rift

Bitcoin slipped to its lowest level since May on Sunday before paring some losses, as sentiment across the crypto market stayed locked in extreme fear. The Crypto Fear & Greed Index stood at 10, in its extreme fear band, after already sitting at the same level on Saturday.

Bitcoin Falls Below $94,000 for First Time Since May Amid 'Extreme Fear' Sentiment

Bitcoin is wobbling yet again today, slipping 1.7% over the past 24 hours as the leading crypto asset dipped under the $94,000 line and scraped an intraday low of $93,989. At the moment, bitcoin is hovering just above the $94,000 threshold after its latest stumble. Crypto Markets Rattle as Bitcoin Sheds 9% Since Nov.

Bitcoin's Price Stumbles Again: Longs Get Wrecked and Bears Take the Wheel

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial challenge to gold's market capitalization by 2026. What Happened: Bitcoin's price experienced a steep decline to slightly above $94,000 per Bitcoin this week from a peak of $126,000 in October.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Glassnode data shows that bitcoin's "death cross," a technical analysis term that may indicate a bearish signal, is imminent, but with a catch.

Bitcoin Approaches 'Death Cross' as Market Tests Major Historical Pattern

Recent Securities and Exchange Commission (SEC) filings show that Blackrock's Ishares Bitcoin Trust (IBIT) has become the single largest position in Harvard Management Company's latest 13F portfolio, putting a bitcoin ETF at the top of one of the most traditionally cautious institutional stacks.

Harvard SEC Filing Shows Blackrock's Bitcoin ETF Now Leads Its Public Portfolio

J.K. Rowling, the creator of the popular and critically acclaimed Harry Potter series of novels, once expressed genuine confusion about Bitcoin (CRYPTO: BTC), inviting a flood of explanations from prominent figures across the cryptocurrency world. Crypto Community Explains BTC To Rowling Back on May 15, 2020, Rowling was tagged in a Bitcoin-related post on Twitter, now called X.

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