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 rose alongside stocks on Tuesday, buoyed by investor focus on the Kevin Warsh-led Federal Reserve's interest-rate decision and weaker oil prices.

Bitcoin, Ethereum, XRP, Dogecoin Rise Ahead of Fed Rate Decision: Analyst Says BTC Headed for 'New Highs' If It Flips This Level

Galaxy sees favorable conditions for bitcoin to retake $125,000, arguing that its bear market ended in June and selling pressure has diminished. Its analysis also cited fiscal pressures and weak investor attention to support its bullish outlook.

Bitcoin Eyes $125K as Galaxy Says Bear Market Has Ended

Bitcoin mining technology company Luxor has raised $16 million in a strategic funding round led by CMT Digital, accelerating its expansion into artificial intelligence infrastructure as cryptocurrency mining businesses increasingly pursue opportunities in the rapidly growing AI computing market.

Bitcoin Mining Firm Luxor Raises $16 Million to Accelerate AI Expansion

Jason Calacanis, host of the All-In podcast, on Tuesday said Bitcoin (CRYPTO: BTC) will never break its all-time high again, predicting it retests its $57,000 low within the next 12 months. Why Calacanis Says Bitcoin Has Lost Its Edge Calacanis posted on X that ETF outflows signal a brutal stretch ahead for Bitcoin, arguing too many other opportunities now create far more value than a network offering nothing beyond a store of value.

Bitcoin Will ‘Never Break Its All-Time High Again,' All-In Podcast Host Jason Calacanis Says

Bitcoin price rebounded to trade near $80,800 following a brief overnight probe below the psychological $80,000 threshold.

Coinidol.com: Bitcoin Stabilizes Near $80,800

Bitcoin price recovered from an early-morning low near $79,400 to trade around $80,500 on Tuesday, holding above $80,000 ahead of this week's Fed decision and the November midterms.

Bitcoin Price Rests Near $80,500 as Midterms, Fed Decision Loom

VanEck launched its Wealth Builder ETF (WBMO) on the NYSE, bundling stocks, bonds, gold and indirect bitcoin exposure into one fund for 0.26% a year.

VanEck Launches All-in-One Wealth Builder ETF With Bitcoin Exposure

Two solo miners independently discovered Bitcoin blocks in rapid succession on Monday and Tuesday, marking an unusual back-to-back occurrence on a network mostly dominated by wins from mining firms and collective pools.

Two Solo Bitcoin Miners Hit the Jackpot Against Industrial Mining Giants

A St. Louis man pleaded guilty in Hartford to conspiracy to commit Hobbs Act robbery over a failed August 2024 plot to steal bitcoin from a Connecticut family.

27-Year-Old Missouri Man Admits Role in Failed Bitcoin Kidnapping Plot

Attackers obtained the factory key that proves Keystone's hardware wallets are genuine, and 25,964 buyer records were affected. The company says recovery phrases and private keys were not involved.

Bitcoin Wallet Maker Keystone Pulls Devices as Stolen Key Opens Door to Fakes

Bitcoin rebounded above $80,000 Tuesday after briefly slipping below the key support level, as investors brace for Wednesday's crucial FOMC decision.

Bitcoin Reclaims $80,000 as ETH, XRP, DOGE Hold Steady Ahead of FOMC Wednesday

Most of the largest Bitcoin ETF holders to report September positions so far added shares, led by SigFig's $74 million IBIT stake, as big holders' filings near.

Bitcoin ETFs Draw Wealth Managers in First Q3 Filings

Bitcoin (CRYPTO: BTC) faces a critical week with investors being cautious ahead of Wednesday's Federal Reserve decision. BTC Struggles To Hold $80,000 Bitcoin dropped 2.43% for its third consecutive weekly decline, losing the critical $82,500 support level and testing $80,000 for the third time in three weeks.

Bitcoin Fed Meeting Preview: Drop to $76,000 or Reclaim $82,000?

Bitcoin remains rangebound near $80,000 after repeatedly facing resistance at $80,500, setting up October for potential net losses and spoiling what some traders hoped would be another positive “Uptober.

Bitcoin Price Stalls at $80K as US Midterm Election, Fed Jitters Mount

Technology investor Jason Calacanis has delivered one of his harshest bitcoin forecasts yet, urging investors to abandon the cryptocurrency before a potential 28% decline to $57,000 and declaring that its record-setting days are permanently over as artificial intelligence attracts capital.

Jason Calacanis Predicts Bitcoin Will Never Reclaim Its Price Peak—Here's Why

Futures traders see a 9% chance of a Fed rate hike on Wednesday and 83% odds by December, leaving Bitcoin near $80,000 waiting on Kevin Warsh's signal.

Bitcoin Price Turns on Warsh as Traders Bet on December Hike

Crypto casino Gamdom faces a $15 million bitcoin ransom demand after cyber-extortion group Whitearmor claimed to have stolen records belonging to 15.4 million accounts. The allegation surfaced less than two weeks after a separate hot-wallet attack cost the gambling platform more than $3 million.

Crypto Casino Gamdom Faces $15M Bitcoin Ransom After Multimillion-Dollar Hack

As bitcoin traders try to guess the potential impact of Anthropic's IPO on the bitcoin price, the market can draw lessons from the SpaceX IPO in June. Since then, bitcoin is up 26%, even after the recent slump and tightened macro conditions, as giant IPOs are just one of several forces moving the market.

Bitcoin Price up 26% Since SpaceX Debut as Anthropic IPO Looms

The company plans to expand its AI business and hire about 12 people by year-end, COO Ethan Vera told The Block.

Bitcoin mining infrastructure firm Luxor raises $16 million to expand AI business

Crypto traders think the McRib's return to McDonald's means a Bitcoin pump is coming. Experts say there is "no correlation at all.

McDonald's McRib Doesn't Actually Boost Bitcoin's Price, Sorry Everyone

Bitcoin (CRYPTO: BTC) short-term holders in profit have cooled to around 70% from nearly 100% in late September, a shift Glassnode calls a better entry point for buyers. Why Glassnode Sees This as a Better Entry Glassnode posted on X Tuesday that recent Bitcoin buyers have left the strong sell zone.

Bitcoin Profit-Taking Cools but Analysts Remain Cautious Ahead of FOMC

Luxor, a bitcoin miner turned AI compute firm, raised $16 million led by CMT Digital to expand its AI hardware brokerage and compute trading business.

Bitcoin Mining Firm Luxor Raises $16 Million to Scale AI Compute Trading and Hardware

StoneX analyst Mark Palmer raised his ASST price target 34% to $43 from $32 and kept a Buy rating after Strive's $630 million SATS preferred stock offering.

StoneX Lifts Strive Price Target 34% to $43 on Bitcoin Strategy

▶ Deloitte's Rob Massey explains crypto tax compliance, realization events in wallet moves, why 1099s fall short, and what Bitcoiners should advocate for.

Deloitte's Rob Massey: What Bitcoin Investors Need to Know About The Changing IRS Tax Guidance

▶ Bitcoin Core updates security as AI automates bug hunting. Jameson Lopp explains the shift to real-time defense, uncensored exploit models, and the PHP flaw.

News for Bitcoin Crypto (BTC)