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

A bitcoin wallet dormant for seven years recently became active, selling a significant portion of its BTC and buying Ethereum.

Bitcoin whale wakes after seven years, rotates holdings into $270 million worth of ETH

As Federal Reserve Chairman Jerome Powell's speech at Jackson Hole approaches, the key question on everyone's mind is: how volatile could bitcoin (BTC) become?The answer points to slightly above average volatility, not the extreme swings that the widespread attention on the event might suggest."BTC options are pricing in about a ±2.0% move around Powell's Jackson Hole speech," Pulkit Goyal, head of trading at crypto market maker Orbit Markets, told CoinDesk.

Bitcoin's Jackson Hole Test: How Hard Could Powell's Address Hit BTC Prices?

Solana

Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.

What Next For ETH, XRP, SOL as Bitcoin Stalls at $113K And ETF Outflows Mount

One analyst said a hawkish tone from Powell may turn markets into a risk-off mode, potentially to a 30% drop in bitcoin price.

Bitcoin holds near $113,000 ahead of Jackson Hole as analysts expect hawkish Powell

Xapo Bank has announced that it has received full regulatory approval from the Gibraltar Financial Services Commission for its new bitcoin yield product, developed in partnership with Hilbert Capital.

Xapo Bank Receives Regulatory Approval for New Bitcoin Yield Product

Bitcoin traders are positioning cautiously, with options data suggesting a defensive tone and uncertainty around rate path guidance.

Two Bitcoin Price Levels Sophisticated Traders Are Watching Out For

Saifedean Ammous, economist and author of the best-selling book The Bitcoin Standard, criticized Argentina's President Javier Milei for his economic performance, highlighting the failed bond rollover despite one of the highest interest rates in history. Ammous believes that the country will likely default, as it owes over $40 billion to international institutions.

Bitcoin Standard Author Debunks Claims of an Economic Miracle in Argentina

As bitcoin holds near $112,000 after recent swings, analysts and traders on X are voicing steady confidence that a powerful bull run will unfold by the close of 2025, fueled by institutional inflows, regulatory moves, and cycle-driven trends.

Bitcoin Bulls Flood X With Bold Forecasts: $150K Bitcoin ‘This Year'

Dogecoin

Leading cryptocurrencies fell on Thursday as investors took caution ahead of Federal Reserve Jerome Powell's address. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, Dogecoin, Solana Slide Ahead Of Jerome Powell's Jackson Hole Speech: Large Investors Buying The BTC Dip, Says Analytics Platform

Social engineering scams strike again as a Bitcoin investor loses $91 million. Here's how it went down, according to an on-chain sleuth.

Bitcoin Investor Loses $91 Million to Social Engineering Scam: ZachXBT

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

The Daily: Kanye West's ‘YZY' Solana token crashes, MetaMask unveils mUSD stablecoin, JPMorgan on ETH vs. BTC, and more

The speech could be followed by “cautiously hawkish” remarks from Jerome Powell tomorrow, according to Bitwise's Juan Leon.

Bitcoin, Ethereum Sink as Fed's Hammack Makes Case for Holding Interest Rates Steady

With thousands of digital assets on the market, deciding where to invest can be overwhelming. For those looking to invest $1,000 in crypto, focusing on projects with strong foundations is advantageous..

Have $1,000? Here Are The 3 Best Cryptos To Buy Now

Bitcoin treasury pioneer Strategy's new fundraising rules have added to a 25% stock sell off that some fear could cause a "spiral of doom'

Serious ‘Spiral Of Doom' Strategy Warning Fuels Sudden Bitcoin Price Crash Fears

Bitcoin ETFs lost $312 million and ether ETFs shed $240 million on Wednesday, extending the heavy outflow streak to a fourth consecutive day. In total, crypto ETFs have now seen $1.9 billion leave over the past four trading sessions.

$1.9 Billion Pulled From Bitcoin and Ether ETFs in 4 Days as Outflow Streak Hits Hard

NYSE-listed DDC Enterprise Limited, looking to purchase 10,000 bitcoins, adds another 100 BTC to its stockpile.

Ready-made meal conglomerate DDC ups bitcoin stockpile by 100 BTC as it targets $1 billion crypto reserve

The price of bitcoin slipped past the $113,000 support level and tumbled to an intraday low of $112,147 per coin. Over the past week, it has dropped 4.9% against the U.S. dollar.

Bitcoin Nosedives Below $113K: ETFs Bleed, Powell's Jackson Hole Speech on Deck

Bitcoin (CRYPTO: BTC) has seen the treasury company trend accelerating, though the surge in interest isn't translating into higher prices. What Happened: Despite a surge in Bitcoin treasury holdings by public companies and 100% in asset value, the price of Bitcoin hasn't meaningfully benefited.

If Bitcoin Treasury Companies Are Buying Billions, Why Is The Price Not Going Up?

The Bitcoin halving cycle once set the rhythm for the entire crypto space. Every four years, issuance fell, narrative swelled, and markets marched in near-lockstep toward long winters and blow-off tops.

The Bitcoin Halving Clock is Broken

Bitcoin Magazine Bitcoin Price Falls — And As Usual, Nobody Knows Why The weekly bitcoin price overview from your glorified price therapist, I'm here to remind you again that market prices move for reasons nobody can point to. Whatever bitcoin's price does means absolutely nothing for the broader reasons why we're here. This post Bitcoin Price Falls — And As Usual, Nobody Knows Why first appeared on Bitcoin Magazine and is written by Joakim Book.

Bitcoin Price Falls — And As Usual, Nobody Knows Why

Markets are quickly recalibrating previously lofty odds of an imminent rate cut as the jets touch down in Jackson Hole for the Kansas City Fed's Economic Symposium.

Fed's Hammack Says 'No' to Rate Cut; Bitcoin Slips to Session Low Below $113K

Myers developed the BTC valuation model that inspired Michael Saylor to adopt a Bitcoin treasury playbook at Strategy.

Smarter Web Taps Bitcoin Analyst Jesse Myers as Treasury Strategy Chief

Bitcoin Magazine The UK Needs to Hear from Bitcoin Supporters — This App Sends Your MP a Message in 1 Click Bitcoin Policy UK, the UK's premier Bitcoin think tank and advocacy group, has launched an app that enables residents of the U.K. to contact their member of parliament (MP) to advocate for Bitcoin in just a few clicks. This post The UK Needs to Hear from Bitcoin Supporters — This App Sends Your MP a Message in 1 Click first appeared on Bitcoin Magazine and is written by Frank Corva.

The UK Needs to Hear from Bitcoin Supporters — This App Sends Your MP a Message in 1 Click

A Bitcoin whale with $1.67 billion holdings swapped a portion to open leveraged long positions on Ethereum, but experts suggest there's more to this move.

Bitcoin Whale Dumps $75 Million to Go Long on Ethereum

Bitcoin traded between $112,800 and $113,200 per coin from 9 to 11 a.m. Eastern on Aug. 21 as derivatives metrics showed steady open interest and heavier put activity over the past 24 hours. Futures Positioning Builds Across Venues; Binance and Bybit Trail CME Total bitcoin futures open interest (OI) stood at 711.

News for Bitcoin Crypto (BTC)