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.

It's a tough market to trade as bitcoin's BTC price swings sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around $121,400, with privacy coins such as ZEC and DASH rising sharply. The CoinDesk 20 Index has bounced to 4,178 points from the overnight low of 4,097.

Bitcoin Ready for 'Big Moves' on 91% Chance of Fed Rate Cut: Crypto Daybook Americas

Over the past two weeks, Bitcoin's hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month, reflecting tighter profit margins for miners amid fluctuating network conditions.

Bitcoin's Mining Cycle Enters Reset Phase After Record Difficulty Surge

Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey's call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.

Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Bitcoin (BTC) miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure.

Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap

Maestro has released Symphony, the first audited, open-source bitcoin indexer that offers enterprise-grade performance and security for layer two solutions. Designed for Large-Scale Applications Bitcoin finance infrastructure provider Maestro has announced the open-source release of an audited bitcoin indexer.

Maestro's Audited Indexer Unlocks Lending, Stablecoins on the Bitcoin Network

Bitcoin's (BTC) implied volatility (IV) gauge has climbed to a 2.5-month high, consistent with the seasonal trends.

Bitcoin Implied Volatility Reaches 2.5-Month High as Seasonal Strength Kicks In

Bitcoin's (BTC) price swoon is marked by a veteran trader placing a bearish bet worth millions of dollars.

Bitcoin 'OG' Whale Raises Bearish BTC Bet Worth Over $400M

Analysts said the crypto market structure remains strong, but told traders to keep an eye on broader economic news and data.

Bitcoin slides to near $121,000 but analysts say ‘Uptober' sentiment intact

The U.K.'s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies.

'Bitcoin is not an asset class': UK's biggest investment platform has a stark warning for investors

Ethereum

Litecoin

Litecoin (CRYPTO: LTC) rallied by double digits on Thursday, defying the broader cryptocurrency pullback. Litecoin Pips Blue-Chip Cryptos The proof-of-work cryptocurrency popped over 10% to $131, the highest it has been in nearly eight months.

Litecoin Surges 10% Bucking Bitcoin, Ethereum Drop: Awaits Spot ETF Approval

Dogecoin

Solana

Bitcoin (BTC) traders remain optimistic about steadier price ascents in the coming weeks, even as profit-taking dented a recent rally that set fresh records.

XRP, DOGE, SOL See Friday Pullback as $2.7B Flow to Bitcoin ETFs This Week

Pay across the industry is contracting even as Bitcoin hits new highs, in a shift toward leaner operations and more structured compensation.

Crypto Salaries Are Down This Year Despite Bitcoin's Historic Rally

Block is expanding Square's platform with fee-free bitcoin payments, seamless crypto conversions, and integrated financial tools designed to help merchants grow, diversify, and streamline operations. Square Bitcoin Integrates Zero-Fee Payments and Bitcoin Conversion for Merchants Block Inc.

Square Bitcoin Debuts as Block's First Fully Integrated Bitcoin Payments and Wallet Solution

Leading cryptocurrencies fell alongside stocks on Thursday, as investors reduced their risk appetite amid the government shutdown. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin, Ethereum, Dogecoin, XRP Fall Amid Government Shutdown Uncertainty: Analytics Firm Says BTC Needs To Hold This Level In Short Term

Bitcoin is entering a dominant new era powered by global liquidity, as easing from the U.S. and China replaces outdated cycles—an inflection point Arthur Hayes underscores.

Arthur Hayes Discusses What Drives Bitcoin in New Era of Monetary Expansion

Bitcoin prices dropped below $120,000 on Thursday, October 9, as several variables pushed the digital currency lower.

Bitcoin Falls Below $120,000 As Multiple Factors Fuel Losses

Bitcoin reclaims center stage as legacy finance falters, with soaring support from Robert Kiyosaki spotlighting digital assets, hard money, and the collapse of outdated strategies.

Robert Kiyosaki Declares 60/40 Dead, Points to Bitcoin as Path to Financial Freedom

Crypto entrepreneur Arthur Hayes predicts that Bitcoin's typical four-year cycle is over as an increased money supply will benefit digital assets.

'Long Live the King': Bitcoin Billionaire Arthur Hayes Predicts the BTC 4-Year Cycle Is Over

Bitcoin ( BTC) derivatives markets showed signs of renewed activity Thursday, with total futures and options open interest (OI) trending higher as BTC traded around $121,280 during the afternoon session, following an intraday low of $120,923. BTC Options Data Reveals Bullish Tilt With 59.57% Calls vs 40.

Bitcoin Futures Open Interest Climbs Despite Price Consolidation Above $120K

Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver is close to settling tax fraud charges with the U.S. Department of Justice, the New York Times reported Thursday.

'Bitcoin Jesus' to Settle U.S. Tax, Fraud Charges: NYT

Myriad prediction market users are bullish on Bitcoin and XRP, but the charts suggest traders might want to temper their enthusiasm.

Moon or Doom: What's Next for Bitcoin and XRP?

Over $5.3 billion in bitcoin and ethereum options will expire Friday, setting the stage for potential price swings. With BTC trading above its max pain level and ETH hovering near key resistance, traders are watching closely for volatility. Crypto Markets Eye Turbulence as Massive Options Expiry Hits on Friday More than $5.

Traders Brace for Volatility as Bitcoin and Ethereum Face $5.3 Billion Options Expiry

Luxembourg's sovereign wealth fund has allocated approximately $8 million to Bitcoin ETFs, making it the first Eurozone country to do so.

Luxembourg Sovereign Wealth Fund Invests in Bitcoin

Cryptocurrency markets are slipping on Thursday as investors initiate selling to take profits. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,918.82 Ethereum (CRYPTO: ETH) $4,321.57 Solana (CRYPTO: SOL) $218.06 XRP (CRYPTO: XRP) $2.78 Dogecoin (CRYPTO: DOGE) $0.2458 Shiba Inu (CRYPTO: SHIB) $0.00001186 Notable Statistics: Coinglass data shows 179,931 traders were liquidated in the past 24 hours for $674.74 million.

Bitcoin Holds $120,000 As XRP Stays Under $3, Ethereum, Dogecoin Dip

A major asset manager's survey reveals that nearly 60% of institutional investors plan to increase their allocations to bitcoin and other cryptocurrencies in the coming year, signaling a deepening embrace of digital assets. Tokenization Drives Crypto Boom, Per State Street Outlook State Street Corporation, overseeing $5.

News for Bitcoin Crypto (BTC)