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 Magazine Why Michael Saylor Is Building Toward a Trillion-Dollar Bitcoin Balance Sheet Michael Saylor has never shied away from grand visions, but his latest roadmap Strategy's Bitcoin strategy may be his boldest yet.

Why Michael Saylor Is Building Toward a Trillion-Dollar Bitcoin Balance Sheet

Dogecoin

Ethereum

Bitcoin traded mostly sideways on Tuesday ahead of a looming U.S. government shutdown. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,855.93 Ethereum (CRYPTO: ETH) $4,120.61 Solana (CRYPTO: SOL) $207.94 XRP (CRYPTO: XRP) $2.84 Dogecoin (CRYPTO: DOGE) $0.2306 Shiba Inu (CRYPTO: SHIB) $0.00001168 Notable Statistics: Coinglass data shows 152,984 traders were liquidated in the past 24 hours for $416.12 million.

Bitcoin, Ethereum, XRP, Dogecoin Tread Water As Shutdown Looks Inevitable

The bounce in crypto markets mostly stalled on Tuesday with the U.S. government on track to shut down at midnight Eastern time.

Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms

The U.S. Federal government will shut down at midnight if Republicans and Democrats are unable to agree on a budget. BTC Dips Under Shadow of U.S. Government Impasse U.S.

Bitcoin Stumbles as US Government Shutdown Looms

Kentucky Sen. Brandon Smith faces two lawsuits over his Bitcoin mining firm, accused of misrepresentation and breach of contract.

Kentucky State Senator Sued Over Bitcoin Mining Business

"Uptober" has become a crypto meme due to Bitcoin's historically strong performance in October, but experts warn that there's more to it.

'Uptober' Is Nearly Upon Us—Here's What It Means for Bitcoin

Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral.

Coinbase's Bitcoin-Backed Loans Surpass $1B as Exchange Prepares to Lift Borrowing Cap

Bitcoin (CRYPTO: BTC) may soon make a significant move, following a historic gold rally that has seen the commodity surge above $3,800. What Happened: Prominent analyst Kevin noted in his exclusive Patreon group that Bitcoin has reclaimed its higher-low, lower-high structure after bouncing from the weekly bull market support band, reinforcing the chance of a reversal.

What Gold's Historic Rally Means For Bitcoin's Next Move

Bitcoin Magazine Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments Billionaire venture capitalist Tim Draper thinks that one day retailers will only accept bitcoin as a payment. Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments Micah Zimmerman.

Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments

Bitcoin and ether ETFs roared back on Monday with more than $1 billion in combined inflows. Bitcoin added $522 million, while ether funds drew $547 million.

Bitcoin and Ether ETFs Bounce Back With Over $1 Billion in Inflows

This marks the world's largest-ever cryptocurrency seizure by law enforcement.

Record-Shattering $6.7 Billion Bitcoin Seizure Follows Conviction In UK

Bitcoin Magazine AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital AsiaStrategy, a Hong Kong-based institutional digital asset firm, has partnered with Anchorage Digital and started to buy bitcoin. AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital Micah Zimmerman.

AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital

Bitcoin (CRYPTO: BTC) is trading sideways around the $113,00 mark on Tuesday as Glassnode's weekly report highlighted weakening momentum and growing profitability stress across the market. Bitcoin Momentum Falters As RSI Signals Weakness Glassnode noted that Bitcoin traded above the cost basis of short-term holders, but the RSI fell sharply to 34.6, showing fading upside energy.

Bitcoin's Momentum Falters — What You Need To Watch Next

Bitcoin Magazine ‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million Eric Trump said that crypto is set to revolutionize finance, calling bitcoin “digital gold." He predicted it could eventually hit $1 million. ‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million Micah Zimmerman.

‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million

Bitcoin (CRYPTO: BTC) is hovering around $113,000 as analysts expect the crypto king to stage a dominance rebound in the upcoming month. What Happened: Crypto analyst Benjamin Cowen expects Bitcoin dominance to surge in October, marking the start of a "final rotation" back into BTC ahead of the next altcoin rally.

Bitcoin At $113,000 Waiting For 'Final Rotiation' As Analyst Forcasts One Last Dominance Push

The leader of a fraudulent bitcoin (BTC) operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam.

Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam

Bitcoin Magazine Templar Launches Native Bitcoin Lending Without Intermediaries Templar Protocol has launched its mainnet, introducing the first "Cypher Lending" protocol that allows Bitcoin holders to borrow stablecoins against their native BTC without intermediaries or KYC requirements. Templar Launches Native Bitcoin Lending Without Intermediaries Vivek Sen.

Templar Launches Native Bitcoin Lending Without Intermediaries

On Tuesday, a bitcoin wallet reportedly tied to Tether—the heavyweight of stablecoin issuers—stacked 8,888.8888888 BTC, a tidy haul worth just over $1 billion. Lucky Eights? Tether-Linked Wallet Adds 8,888.8888888 BTC in Billion-Dollar Transfer Onchain sleuths spotted something curious at block height 917053, where Bitfinex's hot wallet pushed 8,888.

Onchain Data Shows Tether-Linked Wallet Bags $1B in Bitcoin, Symbolism and All

Bitcoin Magazine Tether Adds Over 8,800 Bitcoin Worth $1 Billion, Boosting Treasury Holdings Tether purchased nearly 8,889 bitcoin today, adding more than $1 billion worth of the asset to its balance sheet. Tether Adds Over 8,800 Bitcoin Worth $1 Billion, Boosting Treasury Holdings Micah Zimmerman.

Tether Adds Over 8,800 Bitcoin Worth $1 Billion, Boosting Treasury Holdings

Tether has received 8,888.88 BTC from a Bitfinex hot wallet into an address labeled as its bitcoin reserve address, according to Arkham data.

Tether moves 8,888 BTC worth $1 billion into bitcoin reserve wallet, onchain data shows

Bitcoin and Ethereum are roughly flat on the day as Congress works to avert a government shutdown ahead of tonight's deadline.

Bitcoin and Ethereum Hold Firm as Potential US Shutdown Looms

Blackrock's Ishares Bitcoin Trust (IBIT) has surpassed Deribit in bitcoin options open interest, signaling a structural shift as institutional demand and regulated markets take the lead.

Blackrock's IBIT Overtakes Deribit as World's Largest Bitcoin Options Venue

Tether, the crypto firm behind the USDT (USDT) stablecoin, has added about $1 billion worth in bitcoin (BTC) to its reserves, bringing holdings to $9.7 billion as the supply of its flagship stablecoin rose to nearly $175 billion.

Tether Adds $1B in Bitcoin to Reserves as USDT Supply Nears $175B, Blockchain Data Shows

Bitcoin Magazine The Utility of Bitcoin: Moving Value Like Information Being able to transmit value like information, as fast as a text message, has profound implications for society. Bitcoin unlocks that. The Utility of Bitcoin: Moving Value Like Information Roy Sheinfeld.

The Utility of Bitcoin: Moving Value Like Information

Decentralized finance (DeFi) protocol Build on Bitcoin (more commonly known as “BOB”) unveiled a system that lets bitcoin (BTC) holders move their assets into decentralized trading apps with a single click, the companies said on Tuesday.

News for Bitcoin Crypto (BTC)