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 Magazine Bitcoin Plunges Below $96K Support, Erasing 2025 Gains Amid Extreme Bearish Sentiment Bitcoin closed the week at $94,290, breaching the critical $96,000 support and wiping out all 2025 gains, as ETF outflows and macro fears drive extreme fear in the crypto market. Bitcoin Plunges Below $96K Support, Erasing 2025 Gains Amid Extreme Bearish Sentiment Ethan Greene - Feral Analysis and Juan Galt.

Bitcoin Plunges Below $96K Support, Erasing 2025 Gains Amid Extreme Bearish Sentiment

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: Even Prediction Markets Didn't See Bitcoin's Selloff Coming

Ethereum

Bitcoin dropped to its lowest level in six months. Ethereum dipped below $3,000, its lowest point since mid summer.

Bitcoin, Ethereum Dive Deeper Amid AI and Macro Angst

Hive Digital Technologies began rebounding Monday after an earnings win and Dell deal to power the Bitcoin miner's growing AI ambitions.

Bitcoin Miner Hive's Stock Rises After Record Q2 Revenue, AI Deal

In 2023, O'Connor, 26, pleaded guilty in the U.S. on multiple charges and was later sentenced to five years in prison.

Man behind Barack Obama and Jeff Bezos Twitter hacks to repay over $5 million in stolen bitcoin

KindlyMD shares dropped another 10% after missing its Q3 earnings deadline, with the company citing merger accounting complexity and warning of major losses ahead.

Bitcoin Treasury KindlyMD Extends Stock Collapse After Earnings Delay

Bitcoin Magazine Bitcoin Price Freefalls Down to $91,0000 and New Lows Bitcoin price has fallen nearly 30% from its early October peak near $126,000, trading in the $92,000–$95,000 range as investors weigh Fed uncertainty and missing economic data. Bitcoin Price Freefalls Down to $91,0000 and New Lows Micah Zimmerman.

Bitcoin Price Freefalls Down to $91,0000 and New Lows

“If you're going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor.

Bitcoin Is Floundering, but Saylor Is Digging in His Heels

Dogecoin

Bitcoin and Ethereum have lost key levels, with the crypto downtrend accelerating on Monday. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $91,746 Ethereum (CRYPTO: ETH) $2,984 Solana (CRYPTO: SOL) $129.8 XRP (CRYPTO: XRP) $2.12 Dogecoin (CRYPTO: DOGE) $0.1539 Shiba Inu (CRYPTO: SHIB) $0.058658 Notable Statistics: Coinglass data shows 140,927 traders were liquidated in the past 24 hours for $725.72 million.

Bitcoin Crashes Below $92,000, Ethereum Loses $3,000 As XRP, Dogecoin Get Routed On Bloody Monday

Bitcoin dropped below $93,000 on Monday, wiping out 2025 gains as analysts warn of breaking key support levels amid delayed cycle concerns.

Bitcoin Just Erased All of Its 2025 Gains—And the 'Picture Remains Fragile', Says Analyst

Bitcoin Magazine Harvard Triples Bitcoin ETF Stake, Makes It Largest Public Holding Harvard's endowment has made Bitcoin ETFs its largest publicly disclosed investment. Harvard Triples Bitcoin ETF Stake, Makes It Largest Public Holding Micah Zimmerman.

Harvard Triples Bitcoin ETF Stake, Makes It Largest Public Holding

Bitcoin BTC$92,818.34 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate.

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Bitcoin hits six-month low amid cycle peak fears, Strategy's ‘big week,' and more

TD Cowen analysts said potential catalysts like possible S&P 500 inclusion and clearer U.S. bitcoin rules could help steady investor demand.

TD Cowen sees 170% upside for Strategy shares despite mNAV dip, bitcoin battering

XRP retreated sharply from the $2.30 ceiling on Tuesday as profit-taking overwhelmed buying interest, with a surge in institutional volume confirming that resistance remains structurally intact.

XRP Slumps 5% as Bitcoin's Break Under $93,000 Leads to Bearish Outlook For Majors

A man convicted of hijacking celebrity and brand Twitter accounts in 2020 to perpetrate a Bitcoin scam has to pay back over $5 million.

UK Man Who Hacked Musk, Obama Accounts for Bitcoin Scam Ordered to Pay Back $5 Million

On Monday, bitcoin drifted between $93,029 and $95,903 per coin, dipping into territory it hasn't touched since May. While traders braced for the slide, South Korea's crypto market has kept things spicy with a premium that's been holding strong since mid-September, peaking at 8.27%.

South Korea's Bitcoin Premium Roars Back, Blasting Well Past Global Averages

Analysts are warning the crypto market could be about to lose another $1 trillion

Serious $1 Trillion Crypto Price Crash Warning Sparks Panic As Bitcoin Drop Suddenly Accelerates

The products are expected to debut next month.

Almost Perpetual? CBOE to Offer 'Continuous' Bitcoin, Ethereum Futures

Bitcoin (CRYPTO: BTC) made a death cross over the weekend, a technical signal that can signal either bullish or bearish price action. What Happened: In a X post, crypto analyst Benjamin Cowen noted that while past death crosses have frequently marked local bottoms, this pattern breaks down once the macro cycle ends.

Bitcoin Made A Death Cross — Here's What It Really Means

Cboe Global Markets will debut bitcoin BTC$95,789.16 and ether ETH$3,204.60 “continuous futures” on Dec. 15, making it the first U.S. exchange to offer crypto derivatives designed to function like perpetual futures.

Cboe to Debut Bitcoin, Ether ‘Perpetual-Style' Crypto Futures on Dec. 15

Cboe is set to debut bitcoin and ether “continuous” futures on Dec. 15, offering perpetual-style exposure on a U.S.-regulated exchange.

Cboe to launch perpetual-style bitcoin and ether futures on Dec. 15

Digital asset investment products shed $2 billion last week amid monetary-policy uncertainty and accelerating risk-off sentiment.

BlackRock's Bitcoin ETF Sheds Record $463M as Crypto Funds See Worst Week Since February

The bitcoin miner said production also rose despite an "increase in network difficulty" to 717 BTC, currently worth about $67.5 million.

Bitcoin miner HIVE reports ‘record' revenue as BTC production jumps

Bitcoin Magazine Cboe to Launch Continuous Bitcoin Futures on December 15 Cboe Global Markets (Cboe: CBOE) announced that, pending regulatory approval, it will launch Bitcoin Continuous Futures (PBT) on its Cboe Futures Exchange (CFE) starting December 15. Cboe to Launch Continuous Bitcoin Futures on December 15 Micah Zimmerman.

News for Bitcoin Crypto (BTC)