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) now matches the pattern of every past bear market bottom, according to Benjamin Cowen, one of this cycle's most prominent bears. Why the Burden of Proof Moved to the Bears Cowen, founder of Into The Cryptoverse, said in a Real Vision interview Sunday that past bear markets ended with the same three steps: Price sets a low and rallies It climbs above the 20-week moving average It breaks the 50-week moving average and keeps going Bitcoin has now completed all three, and Cowen can't recall a Bitcoin rally with this setup ever failing.

Bitcoin Has Never Failed a Setup Like This, Analyst Says: 'I'd Rather Just Say I'm Wrong'

Strive's bitcoin holdings near 30,000 BTC as the race among the largest public treasuries heats up.

Strive adds 2,000 bitcoin in biggest buy since June, closes in on MARA

Strive bought 2,000 bitcoin for roughly $169 million in a single week, lifting its treasury total to 29,462 BTC. The purchase was about six times larger than Strategy's latest 334 BTC addition, even though Strategy still controls a stack roughly 29 times Strive's size. Strive funded the expansion partly through SATA preferred stock and $56.

Strive Buys 2,000 Bitcoin as Its Treasury Push Picks up Steam

U.S. bitcoin ETFs attracted $241.08 million in the week through Oct. 2, extending their winning streak to three weeks even as inflows slowed sharply from the previous period. Blackrock Adds $450M as Bitcoin ETF Demand Splits The flood of institutional money into bitcoin slowed last week, but it never disappeared. After attracting $2.

Bitcoin ETFs Add $241M as 3-Week Streak Holds Despite 90% Slowdown

Strategy (NASDAQ:MSTR) bought 334 Bitcoin (CRYPTO: BTC) last week, while smaller rival Strive (NASDAQ:ASST) bought six times as much. What Strategy's Filing Shows According to a Monday 8-K filing, Strategy bought 334 Bitcoin for $28.7 million between Oct. 1 and Oct. 4 at an average of $85,839 per coin.

Strategy Buys 334 Bitcoin but Strive Bought 2,000: What's Going On?

Bitcoin's price held between $85,800 to $86,000 per unit on Oct. 5 at 8:45 a.m. Eastern time, with its larger trend still favoring bulls, yet the market was pressing directly into resistance rather than breaking free.

Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

The firm's Bitcoin holdings hit a record 848,000 BTC, while the quarterly gain is a fair-value mark carrying $1.88 billion in deferred tax.

Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC

Strategy added another 334 BTC for $28.7 million, bringing its bitcoin holdings to exactly 848,000 BTC as of Oct. 4. The company paid an average $85,838.80 per coin in the latest purchase, while its entire bitcoin position carries a $63.97 billion cost basis.

Strategy's Bitcoin Treasury Reaches 848,000 After 334 BTC Buy

Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $73 billion.

‘More orange than ever': Michael Saylor's Strategy buys 334 bitcoin for $28.7 million as total holdings top 848,000 BTC

Ethereum

Solana

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are flashing short-term sell signals as one prominent analyst points to a recent "Sunday pump, Monday dump" pattern. Sunday Pump, Monday Dump?

Will Bitcoin, ETH, SOL See a 'Sunday Pump, Monday Dump?' One Analyst's Indicators Say Yes

Metaplanet added a net 1,000 BTC during the third quarter as its total bitcoin holdings reached 44,000 BTC.

Metaplanet sold 10,000 BTC in Q3 before buying back 11,000 BTC to ‘demonstrate liquidity'

Rating agencies ask if a Bitcoin company will actually sell when obligations fall due. "We answered by doing it," said CEO Simon Gerovich.

Metaplanet Sold 10,000 Bitcoin and Bought Back 11,000 to Prove a Point

Metaplanet sold 10,000 BTC and subsequently bought 11,000 BTC during the third quarter, using the unusual round trip to demonstrate that its bitcoin treasury can be converted into cash when needed.

Metaplanet Sells 10,000 Bitcoin, Buys 11,000 Back to Prove Liquidity

On Oct. 2, the agency approved a Cboe BZX rule change to allow six ETFs issued by Volatility Shares, each aiming to deliver three times the daily return of the underlying asset. Besides bitcoin and ether, the lineup covers gold, silver, crude oil and natural gas.

SEC approves a 3x fix for bitcoin and ether traders who miss the wild swings

The Japanese firm sold 10,000 BTC before buying 11,000 BTC, demonstrating liquidity as it seeks recurring income from preferred securities.

Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC

A stronger dollar and rising bond yields are testing bitcoin's resilience as fiscal concerns in France and political uncertainty in Spain weigh on the euro.

U.S. dollar climbs to 18-month high as bitcoin holds firm around $86,000

A weak September jobs report took a rate hike off the table, but bitcoin is still stuck below $87,000, with FOMC minutes due Wednesday.

Live updates: Bitcoin above $86,000 as traders price out an October Fed hike

Czech Republic bank Banka has partnered with licensed cryptocurrency exchange Anycoin to offer direct bitcoin trading inside its mobile app. In-App Trading Partners Banka has launched direct bitcoin trading in its mobile app, making it the first domestic commercial bank in the Czech Republic to offer clients seamlessly integrated cryptocurrency transactions.

Czechia's Partners Banka Adds Direct Bitcoin Trading

Crypto markets are kicking off the week on volatile footing, with bitcoin regaining $86,000 early Monday and briefly touching $87,000, nearing an eight-month high, before reversing course. Traders are closely monitoring dollar strength for clues on whether BTC can extend its rally or consolidate gains.

Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

Strive Inc. (NASDAQ:ASST) CEO Matt Cole hinted on Sunday that the company may report more Bitcoin (CRYPTO: BTC) purchases. Strive to Boost BTC Reserve?

Vivek Ramaswamy-Founded Strive to Acquire More Bitcoin? Here's What the CEO Hinted at

Key price averages are on the verge of confirming a major bullish configuration for the first time in over a year.

Bitcoin is about to get a major bullish signal it hasn't had in over a year

Bitcoin can serve investors who want direct ownership, amplified market exposure, or dollar income, according to Michael Saylor. His comparison puts historical volatility at 94% for Strategy's common stock, 39% for BTC, and 9% for its STRC preferred stock.

Saylor Maps Three Bitcoin Paths With 94%, 39%, and 9% Volatility

Bitcoin came within about $500 of its late-September peak before sellers pushed it back under $86,000. It's the second rally in a week to stall.

Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses

Dogecoin

Leading cryptocurrencies gained Sunday overnight as investors weighed in on Treasury yields and the Federal Reserve's cues on interest rate policy. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:17 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Rise Amid Treasury Yields Pressure: Analyst Flags BTC's Sunday Spikes That Turn Into Monday Declines

Bitcoin's price is putting Uptober's reputation back on trial. After closing September near $83,560, the leading crypto asset ripped as high as $86,771 Sunday, placing Friday's $87,177 peak squarely in the crosshairs.

News for Bitcoin Crypto (BTC)