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 mining pool OCEAN revealed that a configuration issue caused some miners to unknowingly mine on the stalled BIP-110 chain for roughly 18 hours. The pool said it will distribute approximately 0.3 bitcoin in direct rebate payments to match the rewards miners would have earned on the main chain.

OCEAN Pledges BTC Refunds After Chain-Split Error

And the ETH inflows were even bigger, when factoring in market cap.

Morning Minute: Bitcoin ETFs See Biggest Inflows Since May

All of the proceeds went into a $109 million STRC buyback, while the company sold six times as much again in its own stock.

Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B

Bitcoin (CRYPTO: BTC) could be approaching a major breakout as three key catalysts create a potentially favorable backdrop for scarce assets. Why Crypto Is at a ‘Major Inflection Point' In a podcast with Anthony Pompliano on Aug. 8, market strategist Jordi Visser argued that the past 10 trading days could eventually be viewed as “a major inflection point” for Bitcoin and the broader financial markets.

Is Bitcoin Ready To Explode? Here's Why Crypto Is at a 'Major Inflection Point'

Daily totals shrank as the week wore on, and analysts are split on whether the return of institutional money marks a genuine turn.

Bitcoin ETFs Draw $854M Over Five Days as Rate-Hike Bets Fade

Strategy sold 1,690 bitcoin for $108.6 million last week, using the proceeds to repurchase its STRC preferred stock as Michael Saylor's company reshuffled a balance sheet still dominated by bitcoin. The company disclosed Monday that it sold the bitcoin between Aug. 3 and Aug. 9 at an average price of $64,262 per coin.

Strategy Sells 1,690 Bitcoin as Saylor Reloads Its Cash War Chest

Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth roughly $55 billion.

Michael Saylor's Strategy sells another 1,690 BTC as USD reserve hits $4.65 billion

The company increased its USD reserve to $4.65 billion while reducing its bitcoin holdings to 840,447 BTC

Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares

Whether bitcoin BTC$65,024.73 works better as a store of value or a payments mechanism can be debated. But one of its core appeals, its radically free-market, permissionless design, is not.

Bitcoin's BIP-110 episode is free-market capitalism in purest form

An anonymous bitcoin holder has offloaded more than 7,500 BTC since mid-July, including another 1,019 BTC just hours ago, deepening questions about who is behind one of the market's largest recent sell streaks.

Mystery Whale Dumps $486 Million in Bitcoin Over Three Weeks

BTC rose to $65,209 and Nasdaq 100 index futures gained 0.45% on reports that Iran may strike a deal with Oman to reopen the Strait of Hormuz.

Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets

Bitcoin's (CRYPTO: BTC/USD) lethargic summer has put the cryptocurrency market into a deceptive lull. The most popular coin has been dormant, hovering around the $65,000 mark.

Bitcoin Looks Dead Quiet—Until You Look Under the Hood

Bitcoin's BVIV volatility index hit the lowest level since 2025 as option demand collapsed. Still, overwriting surged and downside protection stayed pricey.

Bitcoin volatility is in meltdown, but downside protection still commands a premium

Bitcoin is up nearly 11% this quarter, its strongest third-quarter showing since 2021, but the gain follows a brutal first half that has traders asking whether the rebound has real staying power.

Bitcoin Notches Its Best Q3 Since 2021: Can It Hold?

CME leveraged funds turn net long as weak futures yields undermine the once-popular basis trade.

A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally

U.S. spot bitcoin ETFs posted gains across all five sessions, attracting $853.54 million in their strongest week since April 17. Ether funds added about $245 million, while XRP, solana and HYPE ETFs also finished the week with net inflows.

Bitcoin ETFs Post Best Week Since April With $854 Million Inflow

Ethereum

Large wallet holders are increasing accumulation in Bitcoin, Ethereum, and XRP according to CryptoQuant analysis. The findings indicate the bear market may be nearing its end. The post Bitcoin and Crypto Bear Market May Be in ‘Final Stage' As Whales Boost BTC, ETH and XRP Holdings: CryptoQuant appeared first on The Daily Hodl.

Bitcoin and Crypto Bear Market May Be in ‘Final Stage' As Whales Boost BTC, ETH and XRP Holdings: CryptoQuant

The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than Washington.

Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall

Ocean, a bitcoin mining pool, had been backing BIP-110 by default. Simple Mining, a company that runs mining machines through Ocean, used software from the pool that lets individual miners choose for themselves and went the other way.

Bitcoin miner rejects BIP-110 despite mining through a pool that supported it

Every major except XRP is green on the week, with BTC, ether and BNB each up nearly 3% as global stocks trade near a record.

Bitcoin tops $65,000 with US inflation data due this week

Conversations in Berlin are taking place to decide whether Germany will support Joachim Nagel, the current president of the Bundesbank, in a potential bid for the Presidency of the ECB. Nagel, who would emerge as a dark horse, has a negative stance on bitcoin and crypto.

Germany Mulls Bitcoin Critic Nagel's Bid for ECB Presidency

SkyBridge Capital founder Anthony Scaramucci hit back on Sunday at actor-turned-cryptocurrency critic Ben McKenzie for celebrating the CLARITY Act's Senate defeat, saying nothing can stop Bitcoin (CRYPTO: BTC). Scaramucci Reacts to McKenzie's Celebration McKenzie, a longtime critic of cryptocurrency and related legislation, was seen enjoying a beer after the Senate adjourned for its August recess without voting on the CLARITY Act.

Anthony Scaramucci Claps Back at Anti-Crypto Activist's Comments Linking Clarity Act Failure to Trump's 'Corruption' — 'Nothing Stops Bitcoin'

Dogecoin

Leading cryptocurrencies fell alongside stock futures on Sunday evening as investors weighed U.S.-Iran diplomatic efforts to reach a peace agreement. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:22 p.m.

Bitcoin Gains, Ethereum, XRP, Dogecoin Slide as US-Iran Standoff Continues: Analyst Says BTC 'Ready for a Breakout' to $73,000

Arthur Hayes argues the artificial intelligence buildout is a leveraged real estate bubble that he says will end in a government bailout larger than 2008. He expects the resulting liquidity creation to carry bitcoin past $1 million.

Arthur Hayes Warns Bitcoin May Fall to $50,000 Before $1 Million

BIP-110 proponents are debating whether to change the proof-of-work algorithm on their stalled minority chain after it managed to mine only two blocks before Bitcoin's enormous difficulty effectively brought activity to a signficant crawl. The BIP-110 chain split from Bitcoin after mandatory signaling began at block 961632 on Aug. 8.

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