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 and ether ETFs extended their inflow streaks to nine sessions on Thursday, attracting $242.24 million and $234.51 million, respectively. Solana, HYPE and XRP funds also posted strong gains as crypto ETF demand broadened across the market. Bitcoin, Ether ETFs Add $476.75M as 9-Day Streak Extends The late-August rally kept drawing fresh institutional money.

Bitcoin ETFs Cross $100 Billion With $242 Million Inflow

Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.

Bitcoin Traders Watch Fed Chair Warsh for Clues—And Get Nothing

Bitcoin (CRYPTO: BTC) has likely bottomed near $58,000-$60,000 and could grind higher into a "hated rally" as the U.S. moves toward de facto yield curve control, according to BitMEX co-founder Arthur Hayes. Speaking on Cointelegraph's "Trade Secrets" on Friday, Hayes said the market is starting to understand that U.S. debt is too large and too expensive to finance without more liquidity support.

Arthur Hayes Says Bitcoin Can Hit $1M by 2030 as ‘Hated Rally' Begins

Bitcoin (CRYPTO: BTC) is back below $80,000 and testing a critical zone near its 50-week moving average ahead of Kevin Warsh's Jackson Hole speech at 10 a.m. ET today. Crypto analyst Benjamin Cowen said on Thursday that the next one to two weeks could determine whether the rally is a true breakout or another bear market fakeout.

Bitcoin Loses $80,000: Why Kevin Warsh's Jackson Hole Speech Is Key

Bitcoin (CRYPTO: BTC) briefly touched $81,455 overnight Friday, its highest level since May 15, before pulling back below $81,000 as altcoins gave back gains across the board. What the Bitcoin Move Shows According to CoinDesk, the overnight high marks the first time Bitcoin has touched that level since May 15, when price rejected at $82,800 and began a slide that bottomed near $57,000.

Bitcoin Hits 3-Month High Overnight, Pulls Back Below $80,000 Ahead of Warsh Speech

The cryptocurrency's price has surged 26% this month, according to CoinDesk data, and was recently around $79,200. Gold, meanwhile, has gained 13.8%, with the Nasdaq 100 and S&P 500 indexes adding 4.8% and 3.2%, respectively.

Bitcoin is outperforming stocks and correlating with gold just when it matters most

The 20.21 BTC was linked to marketplaces running between 2016 and 2019, and the man who held it died before it was forfeited.

UK Police Seize $1.4M in Bitcoin Traced to Shuttered Darknet Markets

One number tells the story of bitcoin's week gone by: $14,264. That's how much bitcoin's price added in seven days, the largest single-week dollar gain the asset has ever recorded. The Week by the Numbers Bitcoin closed out the trading week (ending Aug. 23) gaining $14,264, or 22.

Bitcoin Gained $14,264 in a Week, Galaxy Says Next Bottom Signal Is Close

BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend.

Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate

Pakistan has launched its virtual asset regulatory regime in less than six months while using just 8% of the budget allocated to build it, according to Bilal Bin Saqib, the country's Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA).

Pakistan Built Its Crypto Regulatory Regime Using Just 8% of Its Budget, Minister Bilal Bin Saqib Reveals at Bitcoin Asia

The $6.4 billion expiry cleared after bitcoin's run from roughly $62,000 to $80,000, leaving traders to rebuild positions around a very different price range.

Live updates: Bitcoin options worth $6.4 billion just expired as prices hover near $80,000

Bitcoin has stalled around $80,000 for much of this week, and Arthur Hayes believes that pause alone is enough to break Strategy's decade-old bitcoin playbook. The BitMEX co-founder argues Michael Saylor is now boxed into three uncomfortable choices, and none of them are free. The Premium Problem For years, Strategy Inc.

Bitcoin's Price Has Stalled and Arthur Hayes Says Strategy Pays the Price

From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin's hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power.

US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain

Warsh's Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and long-term yields.

Here's why Warsh's Jackson Hole speech is a major event for bitcoin and gold

The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000.

Bitcoin is trading at a premium on Coinbase after a long time. Here's what it means

Solana

Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana.

Bitcoin holds $80,000, solana leads majors higher before Warsh's Jackson Hole debut

During the “Accelerating Bitcoin” conference, experts debated how current bitcoin mining operations would affect the Paraguayan grid, warning of a possible generation crisis by 2029 if bitcoin mining energy consumption grows moderately, as it currently accounts for 30% of the country's energy production.

Bitcoin Mining Consumes 30% of Paraguay Energy, Analysts Reveal

Polymarket's US-serving platform withdrew both of its NFL player participation filings on Aug. 26, one day after certifying them with the CFTC and one day before the listing date it had given the agency. On the same day, the exchange certified bitcoin, ether, and solana price contracts.

Polymarket Pulls NFL Contracts, Certifies Bitcoin Bets The Same Day

The transaction used Bitcoin's existing rules to protect funds from a future quantum attack without requiring a network upgrade.

Bitcoin Completes First Experimental Quantum-Safe Transaction, Starkware Says

Developer Craig Raw said an AI-assisted review produced most of the fixes in version 2.5.4, though none appeared likely to put users' funds at risk.

Bitcoin Privacy Wallet Sparrow Issues Update After AI Flags Fixes

Bitcoin (CRYPTO: BTC) and U.S. stocks may still have room to rally despite the economy approaching the latter stages of an 18-year real estate cycle, according to widely-followed analyst Jason Pizzino. Why Bitcoin And Stocks Haven't Collapsed Pizzino's framework is based on the roughly 18-year U.S. real estate and economic cycle, where risk assets historically don't peak at the same time as property markets.

Bitcoin, SPX Still Have Room to Run Despite Real Estate Peaking, Analyst Says

Genius Group has announced a new plan to buy bitcoin — just months after selling its entire stash. The NYSE-listed AI-powered education company said in a Thursday statement that it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.

Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings

Deribit's Friday settlement covers nearly a fifth of the exchange's Bitcoin open interest, and max pain sits well below where BTC is trading right now.

$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

Payment rails haven't kept pace for would be customers around the globe wanting Japanese anime and games. The Japanese Bitcoin Industry wants to fix this with Bitcoin and Lightning.

Japanese Bitcoin Industry Unveils ‘Aurora' to Let Global Anime Fans Support $2 Trillion Yen Space

Bitcoin's price is up ahead of Kevin Warsh's first major speech as chairman of the Federal Reserve.

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