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.

Ethereum

U.S. bitcoin ETFs returned to positive territory Tuesday with $118.86 million in net inflows, led almost entirely by Blackrock's IBIT. Ether funds suffered a sixth consecutive day of withdrawals, while XRP and HYPE attracted modest buying. Bitcoin ETFs Flip Positive With $119M Inflow Institutional positioning split sharply across the crypto exchange-traded fund (ETF) market Tuesday.

Blackrock Pulls $122M Into Bitcoin ETFs as Ether Loses $202M

Bitcoin (CRYPTO: BTC) trades below $84,000 Wednesday morning, and one trader who called last October's crash says he's shorting the market again. Why Doctor Profit Is Betting Against Bitcoin Widely-followed crypto trader Doctor Profit posted on X that he sold his entire Bitcoin position near $124,000 last October and built a short position ahead of the Oct. 10 crash, when altcoins lost up to 95% in hours.

Bitcoin Analyst Who Sold the Top Is Bearish Again: 'I'm Building Shorts'

Bitcoin BTC$83,762.81 and the other majors are lower today, but zoom out and the picture is flatter than the daily tape suggests: prices have gone essentially nowhere over the past two weeks.

Here's what bitcoin needs to break above $87,000

Traders betting on higher prices took the brunt of the forced selling, while oil climbed on Iranian tanker attacks. Fed minutes are due later Wednesday.

Live updates: Bitcoin slides under $84,000 as $550 million in bets get liquidated

Fundstrat's Tom Lee told a Singapore crowd that crypto is “2 days past the bottom” on the same morning a flash crash liquidated more than $400 million in longs, while his treasury company Bitmine said it will stop buying ether at 5% of supply.

Bitcoin Price Slips Under $84K as Tom Lee Eyes Biggest Bull Market Ever

Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000.

Bitcoin's recovery stalls just short of rescuing its last underwater cohort

The Tornado Cash founder hit back in a tweet, noting FinCEN withdrew a proposed mixer rule over concerns it could chill legitimate activity.

Prosecutors Cite Bitcoin Fog Ruling Against Roman Storm's Venue Challenge

Unveiled at TOKEN2049 Singapore, the Morpho-powered Crypto Loan feature lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device.

Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling

Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.

Robinhood adds bitcoin worth $25 million to its balance sheet

Bitcoin (CRYPTO: BTC) on-chain analyst Willy Woo on Tuesday called the “Be your own bank” slogan misleading by contrasting traditional banking with cryptocurrency self-custody. Banks Vs. Self Custody Woo said on X that bank deposits transfer “legal title” to the institution.

Bitcoin Self-Custody Fundamentally Different From Traditional Banking, Says Crypto Analyst: 'When You Put Money in a Bank

Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.

Down but not out. Bitcoin's stair-step bullish trajectory is still intact

Robinhood SVP Johann Kerbrat says the purchase was intended to signal the company's commitment to the crypto sector.

Robinhood adds $25 million worth of bitcoin to balance sheet as it deepens crypto push

Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto's worst liquidation day. The 20 Minutes The descent started quietly at 01:45 UTC on Oct.

Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham.

U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed

Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.

Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks

Crypto liquidations amounted to $555.6 million over the past 24 hours, including $487.2 million in long positions, according to CoinGlass.

Bitcoin briefly slides below $84,000 as crypto long liquidations reach $487 million

Dogecoin

Leading cryptocurrencies failed to break out on Tuesday as investors curtailed risk appetite ahead of the release of the Federal Reserve's September meeting minutes. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Dip Ahead of Fed Minutes: Analyst Says $100,000 Could 'Come Back Into Focus'

On Tuesday, the U.S. government moved bitcoin for the first time since Aug. 26, with government-linked wallets shifting 833.6 BTC valued at just over $71 million. The coins trace back to two separate cases involving the Potapenko-Turogin fraud case and the 2016 Bitfinex hack. Government Wallets Stir With Bitcoin, BNB Transfers Roughly around 11 a.m.

US Government Moves $71M Bitcoin Stash After 6-Week Silence

A 1930s postal credit union now custodies real Bitcoin. St. Cloud CEO Jed Meyer breaks down its hybrid vault model and quiet path to over 20 BTC.

$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer

Mortgage rates hit 3-year highs as homebuyers retreat. HousingWire's Logan Mohtashami explains why rising bond yields and Fed hawkishness drive the surge.

Housingwire's Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook

Property was once the default wealth store, but Leon Wankum argues that run is over. He explains why Bitcoin is stripping real estate of its monetary premium.

Leon Wankum: BTC Taking on Real Estate's $300T Monetary Premium

The early Bitcoin contributor says he was questioned for hours before being deported — something which keeps happening.

Bitcoin Privacy Legend Amir Taaki Deported From Singapore

U.S. spot Bitcoin (CRYPTO: BTC) ETF holdings are worth about 1.5 times their realized value, yet Glassnode sees no sign of heavy selling. The analytics firm reported in its Oct. 5 Weekly Market Pulse that U.S. spot Bitcoin ETFs are still attracting money, but at a far slower pace than the week before.

Bitcoin ETFs Are Up: Why Are They Not Selling?

A 2% rent ceiling against 4.9% September inflation, plus compulsory five- and seven-year renewals, rewrites signed leases. The Bank of Spain still puts the housing deficit near 750,000 homes.

The Real Estate Market Is Dead in Spain. Long Live Bitcoin.

Hyperliquid

While bitcoin and ether prices have been consolidating, two massive Hyperliquid wallets carry a combined net short exposure of roughly $1.58 billion against an array of top assets—with BTC and ETH topping the list.

News for Bitcoin Crypto (BTC)