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.

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.

Bitcoin briefly hits $70,000 for the first time since June. Here is why

Skybridge Capital CEO Anthony Scaramucci remains confident that bitcoin will surge past $100,000, arguing that the supply cuts from the halving cycle will drive the next major breakout.

Scaramucci Backs BTC Above $100K as Bear Phase Nears End

Bitcoin's steepest daily gain since March caught traders off guard, and Myriad's pump-or-dump market swung from 70-30 odds to nearly even in a single day.

Bitcoin's Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip

Coinidol.com: Bitcoin's (BTC) price rallied after breaking above the moving average lines.

Bitcoin on the Move: BTC Price Jumps to $69,000

Ethereum

Solana

Cryptocurrency markets saw their biggest short position liquidation day in history on Wednesday, with over $1 billion in shorts liquidated over the space of a few hours. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $69,490 Ethereum (CRYPTO: ETH) $2,281 Solana (CRYPTO: SOL) $86.28 XRP (CRYPTO: XRP) $1.10 Dogecoin (CRYPTO: DOGE) $0.0755 Shiba Inu (CRYPTO: SHIB) $0.054686 Notable Statistics: Coinglass data shows 126,017 traders were liquidated in the past 24 hours for $1.92 billion.

Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day

After gathering with digital asset executives, Trump urged lawmakers to get the crypto market structure bill over the line.

Trump Urges Senate to Pass Crypto's CLARITY Act, Teases More Bitcoin Buys

Traders betting against Bitcoin and the crypto markets are getting liquidated as BTC's price pushes higher. In the last 24 hours, a total of $1.93 billion in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going short, coming in at $1.75 billion.

$1,930,000,000 in Bitcoin and Crypto Liquidated As BTC Price Crosses $68,000

Bitcoin prices rallied sharply on August 19, approaching $70,000 after the U.S. Treasury announced an expansion of its existing program to purchase long-term bonds.

Bitcoin Approaches $70,000 After Treasury Announces Buyback Expansion

Those betting on the price of bitcoin to drop have had their positions closed following a green candle earlier on Wednesday.

Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump

The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.

Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally

Bitcoin's sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Bitcoin Rally and Consolidation After falling just short of hitting $70,000 on reports that the U.S. Treasury is doubling bond buybacks to $4 billion, bitcoin appeared to consolidate above $68,200.

Bitcoin's $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled

The cross-chain protocol said an attacker exploited six software flaws to drain Bitcoin and other assets, sending its CACAO token plunging.

Six-Bug Exploit Halts Maya Protocol After $1.4 Million in Bitcoin Stolen

Bitcoin ETFs attracted $189.30 million on Tuesday, extending their strong start to the week. Ether funds added $71.47 million, while XRP and solana ETFs also finished in positive territory. Ether ETFs Pull in $71M as 5 Funds Attract Fresh Capital The week's institutional bid remained firmly in place.

Blackrock Drives $260M Bitcoin and Ether ETF Inflow

Bitcoin (CRYPTO: BTC) surged 6% to $68,000 on Wednesday, triggering the largest single-day short liquidation event in Bitcoin's history after the U.S. Treasury doubled its long-term bond buyback operations. What Actually Happened The Kobeissi Letter posted on X that traders liquidated $1.2 billion in Bitcoin short positions within just 60 minutes as BTC surged above $68,000.

Bitcoin Rampage Triggers Biggest Short-Liquidation Event in History: 'It Cannot Be Understated How Insane This Is'

BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.

Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite

A White House sitdown with crypto's biggest names and softer Fed signals lit the fuse. But the charts show why the pain for bears might not be over yet.

Bitcoin Surges Toward $70K as $1.14 Billion in Crypto Shorts Get Rekt in an Hour

Bitcoin blew past $68,000 on Wednesday, jumping nearly 3% over a 24-hour period after news dropped that the U.S. Treasury planned to more than double the size of its government debt repurchases. The price of Bitcoin was recently at $68,473 at 10.30am in New York after briefly touching $68,982.

Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks

Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading.

Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts

Bitcoin (CRYPTO: BTC) jumped 6% after the US Treasury announced it would double its long-term bond buyback operations, sending gold surging and crypto sharply higher across the board. What the Treasury Actually Announced According to a Treasury press release, the department will increase liquidity support buyback operations for longer-dated nominal coupon securities from a maximum of $2 billion per operation to at least $4 billion per operation.

Bitcoin, Ethereum, XRP Explode Over 6% Higher: Treasury's Move Will Send 'Inflation Soaring,' Peter Schiff Warns

Asset manager VanEck on Tuesday said that 8 of 12 capitulation signals for Bitcoin (CRYPTO: BTC) have already appeared as 30-day realized volatility collapsed to 27.2%, its lowest reading in years. What VanEck's Capitulation Dashboard Shows VanEck senior analyst Patrick Bush and head of digital assets research Matthew Sigel wrote in the firm's mid-August Bitcoin ChainCheck that realized volatility dropped to 27.2% annualized, well below the long-run average near 80%.

Bitcoin Volatility Craters to 27% as VanEck Flags 8 Of 12 Capitulation Signals Firing

Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.

Bitcoin nears key technical breakout that could propel prices to $76,000

The U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and supported U.S. stocks, bitcoin and gold on Wednesday morning.

Treasury Doubles Long-End Buybacks as Bitcoin and US Stocks Advance

Bitcoin isn't moving. Analysts think that's a sign it could soon do something significant.

News for Bitcoin Crypto (BTC)