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.

Dogecoin

Ethereum

Cryptocurrency markets are trading largely sideways on Friday, showing a mild negative bias after recent volatility. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $117,312.26 Ethereum (CRYPTO: ETH) $4,418.23 Solana (CRYPTO: SOL) $185.22 XRP (CRYPTO: XRP) $3.08 Dogecoin (CRYPTO: DOGE) $0.2239 Shiba Inu (CRYPTO: SHIB) $0.00001274 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 6% and grew 1.9%, respectively in a single day.

Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways Ahead Of Trump-Putin Summit

Firms like Strategy, Tesla, and Coinbase have purchased billions of dollars worth of Bitcoin between them. These are the biggest whales.

The 10 Public Companies With the Biggest Bitcoin Portfolios

Strategy (NASDAQ:MSTR) is lagging Bitcoin (CRYPTO: BTC) despite BTC hitting all-time highs this week, raising concerns among traders about whether investing in the leading Bitcoin treasury company still makes sense. What Happened: Strategy's premium over its Bitcoin holdings has dropped sharply, with its basic net asset value (NAV) premium now at 1.4 and its self-reported mNAV at 1.61 — both at their lowest since February 2024.

Strategy's MSTR Keeps Underperforming Bitcoin: What's Driving The Divergence?

Markets are still recovering from Thursday's bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake of Thursday's higher-than-expected wholesale inflation data from the U.S. Bureau of Labor Statistics (BLS).

Bitcoin Stalls but Smart Money Is Still Betting on It

Bitcoin Magazine Bitcoin Heating Up: Home Bitcoin Mining is Going To Heat Europe As energy costs soar and grids destabilize, European innovators are turning to Bitcoin mining at home as a decentralized solution — blending heat, profit, and power independence in one sleek radiator. This post Bitcoin Heating Up: Home Bitcoin Mining is Going To Heat Europe first appeared on Bitcoin Magazine and is written by Joakim Book.

Bitcoin Heating Up: Home Bitcoin Mining is Going To Heat Europe

CoreWeave, which started in crypto mining and pivoted to cloud computing, is the sole AI tenant for Galaxy's facility under 15-year lease agreements.

Galaxy closes $1.4 billion debt facility to retrofit its Helios bitcoin mining center for CoreWeave AI deal

A Brazilian crypto trader's mom was kidnapped until a Bitcoin ransom was paid in the latest crypto "wrench attack," local media reported.

Brazilian Mom Held for Bitcoin Ransom After Alleged Kidnappers Stalk Crypto-Trading Son

Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion.

Digital Asset Treasury Firms Plunge as Bitcoin Tumbles Below $117K, ETH Slides to $4.4K

Czech police have detained convicted drug trafficker Tomáš Jiřikovský, the man behind a multi-billion-dollar bitcoin donation to the country's Ministry of Justice, escalating a scandal that has already claimed a cabinet minister.

Czech Police Arrest Donor in Billion-Dollar Bitcoin Scandal: Report

Cryptocurrencies continue to struggle after Thursday's producer price inflation data release, which may have derailed crypto's near-term prospects. What Happened: Prominent analyst Benjamin Cowen attributes the crypto selloff to a sharp rise in producer price index (PPI) inflation, which jumped from 2.3% to 3.3% year-over-year, well above expectations.

Bitcoin, Ethereum, XRP Teeter Following Inflation Scare: Why Is The Crypto Market Suddenly On Edge?

Ether exchange-traded funds (ETFs) scored another $640 million in inflows, marking their eighth consecutive day in the green, while bitcoin ETFs logged a seventh straight day of gains with $231 million despite sharp outflows in several major funds. Record-breaking trading volumes underscored the market's feverish pace.

$640 Million Flows Into Ether ETFs as Bitcoin ETFs Notch 7th Day of Gains

Deribit, now owned by Coinbase, is set to launch linear bitcoin and ether options priced and settled in USDC on Aug. 19.

Deribit to launch linear bitcoin and ether options settled in USDC

Bitcoin Magazine Is Bitcoin Price Outperforming Gold and NASDAQ This Cycle? The bitcoin price is up 600% this cycle, but is it really shining? This deep dive compares BTC to Gold & tech stocks, revealing a surprising truth about its performance. This post Is Bitcoin Price Outperforming Gold and NASDAQ This Cycle? first appeared on Bitcoin Magazine and is written by Matt Crosby.

Is Bitcoin Price Outperforming Gold and NASDAQ This Cycle?

Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day's intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August's highs, as traders weigh directional cues from key technical indicators across multiple timeframes.

Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off

Norway's sovereign wealth fund sharply increased its indirect Bitcoin (CRYPTO: BTC) holdings in the second quarter, according to a Standard Chartered analysis of U.S. SEC 13F filings. Geoffrey Kendrick, head of digital assets research at Standard Chartered, said Norges Bank Investment Management, which manages the country's sovereign wealth fund, grew its Bitcoin-equivalent exposure from 6,200 BTC to 11,400 BTC, an 83% increase from the previous quarter.

Norway's Sovereign Wealth Fund Doubles Down On Bitcoin Via MSTR, Metaplanet Investments

ETH ETFs continue to see near-record inflows, and Hyperliquid is setting records in volume and fees.

Morning Minute: Another $700M+ Bitcoin TreasuryCo Is Born

American Bitcoin, a U.S. cryptocurrency mining company backed by Donald Trump Jr. and Eric Trump, is reportedly looking to acquire Asian companies to bolster its Bitcoin reserves. American Bitcoin Eyes Public Firm Buys in Japan, Hong Kong American Bitcoin is actively seeking to purchase a listed company in Japan and potentially in Hong Kong, according to sources familiar with the matter, reported The Financial Times.

Trump-Backed American Bitcoin Eyes Japanese, Hong Kong Firms For Crypto Acquisition: Report

Bitcoin's bearish reversal comes as U.S. Treasury secretary Scott Bessent revealed the U.S.

Treasury Secretary Reveals U.S. Bitcoin Surprise, Triggering Price Shockwaves

Bitcoin's (BTC) flirt with a record high $124,000 on Thursday was followed by a drop that led to it closing last weekend's CME gap at $117,600 after hotter-than-expected PPI inflation data and Treasury Secretary Scott Bessent's apparent flip-flop on bitcoin purchases for a strategic reserve.

Bitcoin Rally Stalls on U.S. Inflation, Policy Whiplash: Crypto Daybook Americas

Cryptocurrency markets are trading lower early Friday morning, extending their downtrend after inflation data released on Thursday. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $118,996.80 Ethereum (CRYPTO: ETH) $4,641.03 Solana (CRYPTO: SOL) $194.91 XRP (CRYPTO: XRP) $3.10 Dogecoin (CRYPTO: DOGE) $0.2308 Shiba Inu (CRYPTO: SHIB) $0.00001299 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 6% and grew 1.9%, respectively in a single day.

Bitcoin, Ethereum, XRP, Dogecoin Extend Pullback But Traders Call It 'Just A Breather'

Executed through convertible notes, WiseLink says the deal comes as a “golden window” for Bitcoin as a capital strategy opens.

WiseLink Becomes First Taiwan-Listed Company To Invest in a Bitcoin Treasury Strategy

Major liquidations have occurred across the crypto market, as Bitcoin, Ethereum, and Dogecoin all pulled back after a bullish week.

$941M in Crypto Liquidations as BTC, ETH, DOGE Retreat From Highs

Disclaimer: The analyst who wrote this article owns shares in Strategy. Bitcoin's risk-adjusted performance continues to stand out, with a Sharpe ratio of 2.15, the highest among major assets.

Bitcoin and Strategy Lead Risk-Adjusted Returns as Volatility Falls

Illicit crypto mining outfits stealing electricity are becoming a growing problem for countries in Central Asia.

Illegal Bitcoin Mining on the Rise in Tajikistan and Kazakhstan

Buying pressure from U.S. institutional investors rose sharply on Thursday after Bitcoin (CRYPTO: BTC) corrected from its recent highs. Bitcoin's Spot Buying Pressure Surges In an X post, cryptocurrency analyst J.A.

News for Bitcoin Crypto (BTC)