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

Leading cryptocurrencies rallied alongside stocks on Wednesday, as investors shifted to risk-taking ahead of Thanksgiving festivities. Cryptocurrency Gains +/- Price (Recorded at 8:15 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Rally Ahead Of Thanksgiving: Analyst Notes BTC Holding A 'Crucial Level' And Looking To Attack The Highs

Bitcoin critic Krugman says it's no coincidence that BTC is down, just as crypto-friendly President Trump stumbles in the polls.

Why Is Bitcoin Down? Blame Trump, Says Economist Paul Krugman

The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.

CryptoQuant says big bitcoin holders increased deposits to exchanges as prices fell

The digital asset broke $90,000 on Wednesday afternoon, mirroring stocks which also posted strong gains. Pre-Holiday Pump: What's Driving Bitcoin's Latest Rally? It used to be that cypherpunks and bearded libertarians were the typical bitcoin archetypes.

Here's Why Bitcoin Is Rallying Just Before Thanksgiving

S&P Global Ratings has downgraded Tether's USDT, warning that the industry-leading stablecoin could suffer if Bitcoin's price crashes. Tether disagrees.

S&P Downgrades Tether's USDT Stability to 'Weak' Due to Bitcoin Backing Concerns

Launched in 2013, Xapo also offers bitcoin-backed U.S. dollar loans of up to $1 million and interest-bearing bitcoin and fiat accounts.

Xapo Bank expands bitcoin credit fund as it develops ‘suite of BTC wealth products'

Bitcoin pushed back towards the $90,000 mark on Wednesday, buoyed by Texas' landmark Bitcoin ETF acquisition and Nasdaq's move to expand Bitcoin ETF options trading. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $89,824.39 Ethereum (CRYPTO: ETH) $3,026.46 Solana (CRYPTO: SOL) $144.14 XRP (CRYPTO: XRP) $2.23 Dogecoin (CRYPTO: DOGE) $0.1558 Shiba Inu (CRYPTO: SHIB) $0.058645 Notable Statistics: Coinglass data shows 110,219 traders were liquidated in the past 24 hours for $318.79 million.

Bitcoin Bounces Back To $90,000 As Ethereum, XRP, Dogecoin Rally Into Thanksgiving

Peter Schiff is once again sounding the alarm, this time warning that companies using Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) as corporate treasury strategies are ultimately doomed. What Happened: Speaking on Schwab Network, Schiff argued that Strategy's (NASDAQ:MSTR) Bitcoin-leveraged model is structurally unsound.

Peter Schiff Says Bitcoin, Ethereum Treasury Companies Have 'No Viable Business Model'

Bitcoin Magazine Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets Bitcoin price ripped above $90,000 today on news of a new wave of Wall Street–engineered crypto products. Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets Micah Zimmerman.

Bitcoin Price Skyrockets Past $90,000 as BlackRock and JPMorgan Deepen Bitcoin Bets

Bitcoin has broken above $90,000 per coin again, nearly a week after it dipped to a seven-month low of about $81,000.

Bitcoin Reclaims $90K Ahead of Thanksgiving as Ethereum, XRP Bounce Back

Bitcoin's (CRYPTO: BTC) 24% slide over the past month has traders looking to macro catalysts for direction, but 10x Research says the market may be looking at the wrong signals. What Happened: Bitcoin's muted reaction to surging rate-cut expectations stems from a far more complex macro backdrop.

Why A Bitcoin Thanksgiving Rally Is Probably Not Happening: 10x Research

Just when traders got used to price declines on the Wednesday ahead of Turkey Day, bitcoin pulled a reversal higher.

Bitcoin Retakes $90K in Break From Typical Pre-Thanksgiving Price Action

The miner's “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.

Bitcoin miner Hive opens door to $300 million stock sales after record quarter

S&P Global Ratings downgraded Tether's USDT stablecoin to its weakest score due to increased exposure to risky assets and reserve disclosure gaps. The report highlighted concerns over USDT's backing, noting that bitcoin now accounts for 5.6% of its reserves and the chance of lower prices potentially leading to USDT being undercollateralized.

S&P Downgrades Tether's USDT, Citing Falling Bitcoin Prices as Risk

Bitcoin (CRYPTO: BTC) ETF traders are watching BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) slip toward the $43 support zone as fresh debate erupts over how November's outflows are being portrayed across social platforms. Balchunas Corrects Misleading Flow Chart Bloomberg's senior ETF analyst Eric Balchunas said the viral IBIT chart was "way off," explaining that it exaggerated the size of withdrawals and wrongly suggested a structural breakdown in BlackRock's (NYSE:BLK) Bitcoin ETF.

ETF Expert Blasts Faulty Bitcoin Outflow Chart As 'Way Off' But IBIT's Slide Toward $43 Is Very Real

Crypto markets stagnate as traders eye potential Thanksgiving volatility, with a $2B options bet signaling a capped Bitcoin rally.

Bitcoin and Ethereum Stall as Traders Brace for Holiday Volatility

The Financial Times took the occasion of bitcoin's recent price struggles to publish three negative articles on the sector on Wednesday.

Crypto Bottoming Signs? FT Drops Trifecta of Bitcoin Gloom on Wednesday

The fresh bitcoin purchase lifts holdings to 1,183 BTC as management emphasizes disciplined long term strategy.

Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback

S&P flagged gaps in Tether's disclosures and reserve governance, saying key details on custodians and asset composition remain unclear.

Tether's USDT stability score cut to ‘weak' level as S&P says reserves can't absorb bitcoin drop

Bitcoin and ether are heading into a packed expiry window this Friday, with billions in open interest lined up against max pain levels that sit far above spot.

Deribit's $13B Bitcoin Options Expiry Could Steer Short-Term Market Tone

Bitcoin's (CRYPTO: BTC) rebound from last week's $82,000 low to around $86,500 has traders debating whether the recent flush-out was a buying opportunity or a pause before deeper downside. What Happened: New data from Santiment shows the answer depends heavily on timeframe.

Bitcoin To $90,000 Soon? Possible, But You Won't Like What May Happen Next

Bitcoin may be clinging to the $86K level like it's got something to prove, but make no mistake — this market's got more layers than a blockchain protocol. Despite a flicker of life in the 4-hour chart, the broader technicals are flashing warning signs like a miner's rig overheating in July.

Bitcoin Price Watch: $86K Support Holds — But for How Long?

Bitcoin's underperformance to equities signals a disconnect from fundamentals, making it a strong relative buy, K33's Vetle Lunde said.

Bitcoin is a ‘strong relative buy' with the sell-off nearly saturated, K33 says

Analysts note Bitcoin's rebound is tracking U.S. equity strength, with $88,000 as a key threshold to confirm a local bottom.

Bitcoin Flashes Reliable Bottom Signal as Short-Term Holders Capitulate

Bitcoin is consolidating around $86,000 on Wednesday morning, with liquidations topping $248.70 million over the past 24 hours. Bitcoin ETFs saw $128.6 million in net inflows on Tuesday, while Ethereum ETFs reported $78.6 million in net inflows.

News for Bitcoin Crypto (BTC)