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.

Gold hit a new high on Monday, while Bitcoin remains wounded. Will crypto still be an asset of choice for traders wanting to dodge currency debasement?

Does the Bitcoin 'Debasement Trade' Narrative Still Hold Up After the Crash?

The correlation between NodeMonkes picking up trade volume whenever Bitcoin makes a new all-time high is undeniable.

NodeMonkes surge again as bitcoin rallies, volume hits yearly record

Ethereum

Ethereum is slightly outperforming Bitcoin on the year, but it's lost ground in recent weeks.

Bitcoin Reasserts Dominance Over Ethereum as Trump Trade Spat Escalates

Bitcoin Magazine Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs Bitcoin price is settling near $113,000 today, as the market stabilizes from one of its most violent corrections in years. Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs Micah Zimmerman.

Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs

Ahead of his exit, New York City Mayor Eric Adams signed an executive order Tuesday to establish a crypto-focused office for the city.

'Bitcoin Mayor' Eric Adams Establishes NYC Digital Assets and Blockchain Office

Bitcoin and ether tumbled on Tuesday as U.S.-China tension ramped up, wiping out a rally the day before that was fueled by President Donald Trump's conciliatory trade remarks.

Bitcoin, ether drop as US-China tensions flare up, erasing Monday's gains

Crypto markets posted big declines on Tuesday, but signs of relief from the Federal Reserve helped prices bounce off their worst levels. A late day Truth Social post from President Trump reminded bulls that he has the power to reverse rising asset prices at any time.

Bitcoin's Leverage Flush Favors Accumulation, K33 Says

The world's two largest economies continue to tussle over key industries related to defense and national security. U.S.-China Tensions Trigger Mid-Morning Bitcoin Slump Washington and Beijing were at it again on Tuesday morning as China moved to sanction five U.S. subsidiaries of Hanwha Ocean, a South Korean ship manufacturer with alleged links to the U.S.

Bitcoin Tumbles as US-China Tensions Rise Again

Dogecoin

Bitcoin is back $113,000 after U.S. trade representative Jamieson Greer signaled president Trump may still meet China's president Xi later this month. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,089.21 Ethereum (CRYPTO: ETH) $4,125.27 Solana (CRYPTO: SOL) $202.77 XRP (CRYPTO: XRP) $2.51 Dogecoin (CRYPTO: DOGE) $0.2040 Shiba Inu (CRYPTO: SHIB) $0.00001071 Notable Statistics: Coinglass data shows 210,252 traders were liquidated in the past 24 hours for $716.20 million.

Bitcoin Rebounds To $113,000, Dogecoin Recovers To 20 Cents But Ethereum, XRP Slide Over 2%

Bitcoin and ether exchange-traded funds (ETFs) posted a combined $756 million in outflows after two weeks of blockbuster inflows, as crypto ETFs stumbled into the new week.

Bitcoin and Ether ETFs Begin the Week With $756 Million in Combined Outflows

Stablecoin giant Tether has paid out almost $300 million to settle claims regarding allegedly improper Bitcoin liquidations tied to the collapse of crypto lender Celsius.

Tether Pays $300 Million to Settle Celsius Lawsuit Over $4.5 Billion in Bitcoin

Solana

Pseudonymous millionaire crypto trader Unipcs remains bullish on digital assets despite widespread pessimism following the “brutal” Oct. 10 selloff. What Happened: Unipcs noted in a message on his private Telegram channel that the recent market wipeout, estimated to have caused $40 billion in liquidations, was the largest in crypto history, surpassing both the COVID crash and the FTX collapse combined.

Millionaire Trader Lost $15M But Says BTC, ETH, SOL Remain Bullish In Q4

Rep. Troy Downing (R-MT) said the bill would “supercharge” the financial security of Americans by exposing their retirement savings to alternative assets.

Republican Bill Aims to Make Trump's Bitcoin and Crypto 401K Order Federal Law

Bitcoin Magazine Elon Musk Praises Bitcoin's Resistance to Inflation: ‘It is Impossible to Fake Energy' Elon Musk praised Bitcoin as energy-based and resistant to inflation, contrasting it with “fake fiat.” Elon Musk Praises Bitcoin's Resistance to Inflation: ‘It is Impossible to Fake Energy' Micah Zimmerman.

Elon Musk Praises Bitcoin's Resistance to Inflation: ‘It is Impossible to Fake Energy'

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

The Daily: US government bitcoin holdings surge to $36 billion, crypto ETFs see $755M in outflows after market wipeout, and more

Bitcoin Magazine BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets BlackRock is developing technology to tokenize a wide range of assets and expand its digital investment offerings. BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets Micah Zimmerman.

BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets

As the Justice Department pursues Prince Group's leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance.

U.S. Targets Cambodian Pig Butchering, Takes $14B in Bitcoin as Biggest Ever Seizure

Elon Musk praised Bitcoin's energy foundation years after criticizing crypto's power consumption and halting Tesla BTC payments.

Elon Musk Gushes About Bitcoin 'Energy' Demands—Years After Environmental Gripes

An early investor in bitcoins dubbed the "Bitcoin Jesus" has agreed to pay up to $49.9 million to resolve U.S. charges that he evaded paying tens of millions of dollars in taxes, the U.S. Department of Justice said on Tuesday.

Crypto investor 'Bitcoin Jesus' reaches deal to resolve US tax charges

Bitcoin Magazine U.S. To Seize 127,271 Bitcoin Worth $14 Billion Linked to Massive Southeast Asia Scam The U.S. government is seeking to seize a massive 127,271 bitcoin (≈$14B) linked to a scam run by Chinese national Chen Zhi and his Cambodia-based criminal network. U.S. To Seize 127,271 Bitcoin Worth $14 Billion Linked to Massive Southeast Asia Scam Micah Zimmerman.

U.S. To Seize 127,271 Bitcoin Worth $14 Billion Linked to Massive Southeast Asia Scam

BlackRock CEO Larry Fink has long been bullish on tokenization—and said Tuesday that “young people” tend to use tokenized assets.

BlackRock Developing Tokenization Tech Amid Bitcoin, Ethereum ETF Success

The accused is said to have forced people to work in Cambodian compounds part of large-scale crypto scam network.

US government bitcoin holdings balloon to $36 billion following record-breaking DOJ seizure

Bitcoin Magazine Bitcoin Price Slides to $110,000 as U.S. Government and BlackRock Move Millions in Crypto Bitcoin price fell from highs near $116,000 to around $110,000 overnight amid major on-chain moves by the U.S. government and BlackRock. Bitcoin Price Slides to $110,000 as U.S. Government and BlackRock Move Millions in Crypto Micah Zimmerman.

Bitcoin Price Slides to $110,000 as U.S. Government and BlackRock Move Millions in Crypto

The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive "pig butchering" fraud operation based in Cambodia, prosecutors said.

DOJ seizes $15 billion in bitcoin from massive 'pig butchering' scam based in Cambodia

The United States is seeking the forfeiture of more than $14 billion in Bitcoin tied to a "pig butchering" crypto scam.

News for Bitcoin Crypto (BTC)