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.

Market expectations on the Federal Reserve's next interest rate helped propel Bitcoin (CRYPTO: BTC) to trade above $72,000 Thursday morning. That's up 14.8% on the week and on pace for its biggest weekly gain since November 2024 when Donald Trump won the presidential election.

Bitcoin Eyes Best Week Since Trump's Election Victory: Why Is This A Fed's Warsh Problem?

Olenox Industries Reports July Bitcoin Production Of About 15.13 BTC At Average Hashrate Of About 1.02 EH/s, Or About 64% Of Fleet Economic Capacity, Reflecting Planned Summer Curtailment

One pseudonymous trader woke up to a $4.3 million loss on a $70 million Bitcoin (CRYPTO: BTC) short Wednesday as crypto markets posted the largest short liquidation event in recorded history. What Happened to the $70 Million Short?

'I Will Ride It Down or to Death': BTC Trader Loses $4.3 Million on $70 Million Short

BlackRock's new whitepaper says Bitcoin's more than 50% price drop from October 2025 highs stems from temporary deleveraging and shifting capital rather than any lasting change in its role as a portfolio diversifier. The post BlackRock Attributes Bitcoin's Steep Pullback to Deleveraging and Flows appeared first on The Daily Hodl.

BlackRock Attributes Bitcoin's Steep Pullback to Deleveraging and Flows

While the advance was triggered by relief in the bond market following White House support signals for U.S. Treasuries, longer-term gains are likely to be underpinned by the Fed, said Pedro Fontes, a research analyst at crypto exchange Mercado Bitcoin.

Fed liquidity promises, dollar weakness could determine bitcoin's next move

Bitcoin (CRYPTO: BTC) on Thursday climbed another 4% to $71,800 as macro investor Raoul Pal called Wednesday's Treasury move a historic turning point. What Raoul Pal Calls the ‘Bessent Put' Pal posted on X that the Treasury's decision to double long-end bond buybacks came the day after the 30-year yield hit a 19-year high at 5.33%, and the timing was the whole point.

Bitcoin Surges Above $71,000 as Raoul Pal Says It's The 'Bessent Put' and 'The Signal Is Enormous'

Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.

Bitcoin rally sparks debate whether Clarity Act is already priced in

Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.

Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out

Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S.

BTC Nears $72K as Altcoins Surge and Short Sellers Lose $3B

Bitcoin has gained 15% since monday, reclaiming several key technical and on-chain levels as bullish momentum builds.

Bitcoin approaches $72,000 as Strategy and Coinbase continue rally

Bitcoin has suddenly surged by more than 10% over the last 24 hours

‘Buckle Up'—The Real $40 Trillion Reason Why A Massive Bitcoin Surge Could Be Just Beginning

Bitcoin hit $70,000 for the first time since June 2 as billions in shorts were liquidated. The traders who called the squeeze now warn of a bull trap toward $44,000.

Bitcoin Suddenly Hits $70,000 As Traders Warn Of A $44,000 Bull Trap

Metaplanet will contribute 2,100 BTC and $2.5 million in cash to Nasdaq-listed Super League, creating a U.S. bitcoin treasury platform called Superplanet. The transaction will give the Japanese company control of the business while linking capital markets in Tokyo and New York under one treasury strategy. Metaplanet Extends Bitcoin Strategy to Nasdaq With $134.

Metaplanet Puts 2,100 BTC Into Super League for US Expansion

Analysts attributed the inflows to the surprise crypto market rally driven by US Treasury Department's buyback expansion announcement.

Spot bitcoin ETFs report $517 million in net inflows, largest in 3.5 months

Ethereum

Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.

Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million in biggest inflows in months

Market sentiment in cryptocurrencies was supported by Trump's plans to buy sizable amounts of Bitcoin as he affirmed his support for the industry.

Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act

Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.

Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000

Every major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.

Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally

Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin Corp. (NASDAQ: ABTC), expressed excitement over Bitcoin's (CRYPTO: BTC) dramatic surge on Wednesday. Trump Cheers Crypto Rally Bitcoin rallied over 7% to nearly break $70,000, reaching its highest level since early June.

Eric Trump Says It's 'Exciting to See' Bitcoin's Massive Surge, Deems Digital Assets as the 'Future'— ABTC Stock Rips 13%

President Donald Trump reiterated on Wednesday his commitment to preserve the U.S. leadership in Bitcoin (CRYPTO: BTC), cryptocurrency and prediction markets. Trump Asks Congress to Move Quickly on CLARITY Act Trump hosted White House cryptocurrency summit alongside CFTC Chairman Michael Selig and SEC Chairman Paul Atkins.

Trump Says US is the 'Hottest Country' and CLARITY Act Will Keep it Ahead Of China — Bitcoin Purchase 'Been Talked About'

Dogecoin

Leading cryptocurrencies jumped to their multi-month highs on Wednesday as investors parsed CLARITY Act optimism and other macro developments. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:23 p.m.

Bitcoin Near $70,000, Ethereum, XRP, Dogecoin Pop as Crypto Hits 'Greed' Mode: Analyst Says It's Just the 'First Start' as Markets Wake Up 'Massively'

Treasury Department figures and debt clock readings reported Aug. 19 put total public debt at a staggering $40.049 trillion. About $32.266 trillion sits with the public, while another $7.782 trillion is effectively Washington owing money to federal accounts, including trust funds. The tab has more than doubled from roughly $19.95 trillion when U.S.

Trump Opens Bitcoin Door as US Debt Blows Past $40 Trillion

A planned revival of the failed BIP-110 stalled fork is putting an old cryptocurrency hazard back in the spotlight: replay attacks, where a transaction intended for one blockchain can potentially be copied onto another.

Replay Attack Alarm Grows as BIP-110 Backers Brand Bitcoin ‘Spamcoin'

President Donald Trump brought cryptocurrency executives, financial market leaders, and federal regulators together at the White House on Aug. 19. Participants discussed digital asset legislation, capital formation, tokenization, and U.S. technological competitiveness. Trump Says His Administration Ended the War on Crypto President Donald Trump convened executives from cryptocurrency platforms and traditional financial institutions on Aug.

Trump Hosts Top Crypto CEOs at White House as US Weighs Bitcoin Buy

The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.

News for Bitcoin Crypto (BTC)