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 (CRYPTO: BTC) could be entering one of its strongest bull markets, despite its recent pullback, as The DeFi report founder Michael Nadeau sees an 85% probability that the cryptocurrency has entered an early bullish phase. Speaking on the Milk Road Crypto podcast, Nadeau said Bitcoin's decline towards $81,000 on Thursday was expected after a month of trading between $77,000 and $87,000.

Bitcoin Dips Below $83,000: The Line in the Sand Bulls Need to Watch

Bitcoin's next breakout could depend on demand driven by concerns about U.S. public finances, Coinshares suggested Thursday in a market analysis. Fund withdrawals and a price retreat have challenged that outlook, despite the monetary appeal of assets outside government control. U.S. Debt Fears Put Bitcoin's Monetary Role in Focus Concerns about U.S.

Bitcoin Price Breakout May Hinge on US Debt Fears: Coinshares

The US government moved about 17,700 BTC to Coinbase Prime this week. K33 says most went into custody, and the larger sale risk now sits with Bitfinex.

Bitcoin Price Steadies Above $82K as US Gov't Coins Move Into Custody

According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments.

Former Visa and JPMorgan Execs Take Over El Salvador's Chivo Wallet

Ethereum

Thailand's SEC will let licensed asset managers list Bitcoin and Ethereum ETFs on the Stock Exchange of Thailand starting Oct. 16, with margin loans barred.

Thailand SEC Sets Oct. 16 Start for Bitcoin, Ethereum ETFs

Crypto hardware wallet maker Ledger is rolling out a new feature that lets users borrow stablecoins against their Bitcoin (BTC) without giving up custody of their assets. The new Crypto Loan feature lets Ledger Wallet users deposit wrapped Bitcoin as collateral and borrow the dollar-pegged stablecoins USDC or USDT directly inside the app, says Ledger.

Crypto Wallet Ledger Now Lets Users Borrow Stablecoins Against Their Bitcoin Without Giving Up Self-Custody

Bitcoin (CRYPTO: BTC) could rally toward $90,500 before reversing sharply, according to one analyst's chart, in a pattern he calls an “ultimate trap” for buyers. Why Analyst Sees a Bull Trap Forming Prominent pseudonymous trader Capo of Crypto on Thursday posted a chart on X laying out a four-stage move.

A Bitcoin Rally to $90,000 Would Be the 'Ultimate Trap,' Analyst Cautions

UTXO Management's Loren Asmus: Bitcoin isn't a trade, but a portfolio staple. He breaks down institutional adoption, retention, and why education is key.

UTXO's Loren Asmus: The $300T Bond Market Is Bitcoin's Next Frontier

Is AI address security fear-mongering? Chaincode Labs' Antoine Poinsot answers Justin Drake's viral post, breaking down quantum risk and preparation.

Bitcoin Core developer responds to AI & Quantum Risk

U.S. bitcoin ETFs lost another $244.13 million on Thursday, while ether funds shed $72.54 million for an eighth straight day of redemptions. Combined outflows from the two largest crypto ETF categories have reached roughly $965 million in just two sessions.

Bitcoin, Ether Prices Hit by ETF Selling as 2-Day Outflows Near $1 Billion

Twenty One Capital holds 43K BTC at a discount. CEO Rapha Zagury breaks down its mNAV, share buybacks, and why Tether's backing provides a permanent edge.

Building the Berkshire Hathaway of Bitcoin | Twenty One Capital CEO Rapha Zagury

Is Bitcoin headed for a $1M awakening by 2030? Calamos CEO John Koudounis explains why institutional bank lending and ETF access will drive the surge.

Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030

Experts highlight several support levels, from $83,000 down to $72,000, that Bitcoin may need to test in a bearish start to Uptober.

Bitcoin Bleeds in Uptober—How Low Can It Go? Experts Weigh In

An address tied to F2Pool co-founder Wang Chun sold 235.5 WBTC worth $19.31 million for 7,848.5 ETH right after bitcoin's overnight drop to $80.5K.

Bitcoin Price vs Ethereum Price: F2Pool Co-Founder Bets $19M on Ether

Bitcoin BTC$82,516.56 held near $82,600 after President Donald Trump said he would not strike Iran before the U.S. midterm elections, pulling the largest cryptocurrency off Thursday's low of roughly $80,400 and turning the liquidation pressure onto bearish traders.

Trump's Iran pledge underpins crypto gains as bitcoin bears face liquidation pressure

Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike, but remains about 4% lower on the week, while ether has lost 9%.

Bitcoin steadies near $82,500 after Trump rules out Iran strike before midterms

Thailand's SEC has limited initial crypto ETFs to bitcoin and ether, with new custody, exposure, and trading rules taking effect Oct. 16.

Thailand SEC issues bitcoin and ether ETF rules set to take effect Oct. 16

Meanwhile raised $37.5M from existing investors, bringing the Sam Altman-backed bitcoin life insurer's total funding above $180 million.

Sam Altman-backed bitcoin life insurer Meanwhile raises $37.5 million round led by Bain Capital Crypto

Thailand's new crypto rules taking effect Oct. 16. They allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.

Thailand opens door to locally listed bitcoin and ether ETFs

Glassnode says 6.26 million BTC, or 31.2% of supply, now sits in addresses whose public keys are already visible onchain. The count is rising just as an AI-driven cryptography scare hits the market.

Glassnode: Over $500B in Bitcoin Is Sitting Behind Keys Anyone Can Read

A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.

Dark web drug market operator sentenced to 40 years, forfeits $101 million in bitcoin

The bitcoin miner's transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August.

MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI

Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.

Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Giving an artificial intelligence (AI) agent access to your bitcoin, stablecoin or other crypto asset wallet might cost you in an unexpected way. If the agent thinks you're wealthy, it might upsell you. Similarly, access to your other financial information could work against you.

Your Bitcoin or Crypto AI Agent Might Upsell You: Here's How to Fix It

Thailand's securities regulator has finalized the rules for bitcoin and ether exchange-traded funds (ETFs), and the first products can list from Oct. 16. The catch, however, is that the local market they are built for has lost more than half its active traders since 2024.

News for Bitcoin Crypto (BTC)