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's bullish momentum fades as new buyers decline, but long-term holders reach 15-year highs while BTC dominance surges to 65%, says ARK Invest.

ARK Flags Bearish Bitcoin Signal Despite BTC Price Stability

Fundstrat's Tom Lee says that Bitcoin is still in its early days of adoption, comparing the current level of BTC use to the Internet of 1996.

Investor Tom Lee Says Bitcoin Adoption Still in ‘Earliest Days,' Predicts US Banks Will Soon Hold BTC As Collateral

AI infrastructure firm CoreWeave's (CRWV) deal to buy Core Scientific (CORZ) will raise the valuation floor for bitcoin (BTC) mining stocks but is unlikely to be replicated, Wall Street bank JPMorgan said in a research report Tuesday.

Core Scientific Sale Sets Floor Price for Bitcoin Miners: JPMorgan

Ethereum

Solana

A new note from crypto asset manager Bitwise points to Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Chainlink (CRYPTO: LINK) as the "cleanest plays" in the emerging race to tokenize trillions of dollars in real-world assets (RWAs). What Happened: In a sharp departure from speculative crypto narratives, the firm suggests tokenization could represent crypto's most credible and scalable real-world application to date.

XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise's 'Cleanest Plays'

Bitcoin hovered at $109,053 to $109,500 in today's morning session, underpinned by a market capitalization of $2.16 trillion and 24-hour trading volume of $21.07 billion. Price action remained tightly coiled between $108,198 and $109,500 over the last day, hinting at potential breakout volatility in the near term.

Bitcoin Price Watch: Consolidation Continues—But Not for Long

As bitcoin BTC continues a now multi-week consolidation just below its all-time high of $112,000, an interesting accumulation phenomenon is occurring.

Patterns Break as Both Short and Long Term Holder Cohorts Accumulate Bitcoin

Dogecoin

Cryptocurrency markets are trading modestly higher on Wednesday morning as markets await further tariff announcements by President Trump. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $109,110.29 Ethereum (CRYPTO: ETH) $2,628.26 Solana (CRYPTO: SOL) $154.09 XRP (CRYPTO: XRP) $2.38 Dogecoin (CRYPTO: DOGE) $0.1736 Shiba Inu (CRYPTO: SHIB) $0.00001199 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transcation decreased by 15.1% and 21.4%, respectively.

Bitcoin Stalls Around $109,000 While Ethereum, XRP, Dogecoin Edge Higher

Despite a 3% drop in Bitcoin's (CRYPTO: BTC) network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global Bitcoin yield protocol. What Happened: This surprising divergence, fueled by Bitcoin's $109,000 spot price and $14 billion in ETF inflows, added $5.3 billion—a 23% increase—to the market value of publicly listed mining firms.

Bitcoin Miners Rake In $55K Daily Despite Heat-Driven Hashrate Dip — Here's Their Secret

Credit card users in Japan can now convert their loyalty points into crypto. Major conglomerate SBI Group's APLUS is letting cardholders redeem APLUS points for small amounts of bitcoin (BTC), ether (ETH), or XRP (XRP).

Japan's SBI to Let Users Swap Credit Card Points for Bitcoin, Ether, and XRP

Peanut the Squirrel

Bitcoin is hovering around $108,600, pretty much unchanged over 24 hours. The broader CoinDesk 20 (CD20) index added 1.8%, shrugging off the uncertainty surrounding President Trump's recent tariff threats against various countries.

Tariffs Don't Budge Bitcoin, PNUT Pops on Musk Rant: Crypto Daybook Americas

Tokyo-listed Remixpoint plans to amass 3,000 bitcoin, likely adopting a similar playbook used by Metaplanet to grow its 15,555 BTC stash.

Japan's Remixpoint says it raised $215 million to expand bitcoin treasury

Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced its aggressive strategy to acquire as much bitcoin as possible in a bid to leverage its holdings for purchasing cash-generating businesses.

Metaplanet Aims for ‘Escape Velocity' in Bitcoin Accumulation With Ambitious Acquisition Strategy

Anthony Pompliano's ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM).

Anthony Pompliano's ProCap Appears Better Than Peers Based on the BTC HODLer's Own Data

Companies building bitcoin (BTC) treasuries are currently the focus of the digital-assets ecosystem as global adoption widens, and three existing participants have announced a total of about $278 million in new funding to boost their holdings in recent days.

Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises

Sequans Communications (NYSE: SQNS), a French semiconductor company, announced on Tuesday that it has successfully closed a $384 million private placement offering and will use the proceeds to buy bitcoin. Sequans has also struck a partnership with U.S.-based Swan Bitcoin, a financial services firm that specializes in bitcoin-focused wealth management.

Sequans Communications Raises $384 Million to Purchase Bitcoin

An analyst who nailed the end of the 2021 crypto bull market believes Bitcoin's (BTC) rally above $150,000 this year is viable.

Bitcoin Setup Suggests Explosive Rally Incoming, According to Analyst Who Called 2021 Crypto Top

Bitcoin (BTC) and XRP (XRP) are trading sideways, which is likely being driven by a hidden force that's keeping both cryptocurrencies anchored to key price levels.

Key Market Dynamic Keeps Bitcoin, XRP Anchored to $110K and $2.3 as Ether Looks Prone to Volatility

Bitcoin is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. president signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over tech regulations.

Bitcoin, Ether, Solana, XRP ETFs See Record AUM as Traders Warn of ‘Summer Lull'

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: Bitcoin Stalls Near $109K as Market Waits for a Catalyst

Bitcoin is on a rocket path to $1 million, with Finder's expert panel citing institutional adoption, global instability, and digital scarcity as key drivers of unstoppable growth.

Bitcoin Projected to Hit $459K by 2030, Surpassing $1M by 2035: Finder Panel

Popular macroeconomics expert Lyn Alden isn't sold on Bitcoin's (BTC) functionality as a medium of exchange yet. Alden explains in a new analysis that people with specific payment issues like capital controls and payment de-platforming find BTC useful, but they can often also use less-volatile stablecoins as short-term solutions to those same problems.

Spending Your Bitcoin (BTC) May Not Be ‘Sustainable Practice,' According to Macro Guru Lyn Alden – Here's Why

Bitcoin ETFs kicked off the week with a healthy $217 million in net inflows, continuing the July rally. Ether ETFs added to the positive sentiment with $62.11 million in inflows, driven primarily by Blackrock and Fidelity.

Bitcoin and Ether ETFs Open the Week With Strong Inflows

Scammers appear to be targeting a Bitcoin address holding $8.7 billion in BTC—stolen from the Mt. Gox exchange—with a phishing attempt.

Hackers Target Bitcoin Wallet Holding Billions Swiped From Mt. Gox

The CEO of Bitcoin hoarder Metaplanet says the company is looking to accumulate so much BTC that it will become impossible for others to catch up in the future.

Metaplanet CEO Predicts ‘Bitcoin Gold Rush,' Says Company Wants To Accumulate Enough BTC To Reach ‘Escape Velocity': Report

KULR Technology Group secured a $20 million credit facility from Coinbase Credit to fund bitcoin purchases. KULR to Fund Bitcoin Purchases With $20M Coinbase Loan According to the announcement published on Tuesday, KULR Technology Group Inc. obtained a $20 million credit facility from Coinbase Credit Inc., a subsidiary of Coinbase Global Inc.

News for Bitcoin Crypto (BTC)