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) spot volume hit its lowest level since 2019 as Treasuries out-yielded the crypto carry trade for the second time on record, according to Glassnode's weekly report. Why Institutions Are Sitting In Cash Instead Of Bitcoin?

Bitcoin Buyers Are 'Paid To Wait,' Glassnode Report Notes: Is That a Good Sign?

This month, analysts have repeatedly pointed to multiday inflows into the U.S.-listed crypto exchange-traded funds as evidence of the return of institutional demand. Zoom out, though, and the institutional story still looks bleak.

Bitcoin ETFs on track for the smallest monthly inflows ever

Ethereum

The Audiera (BEAT) token, built on the BNB Chain (CRYPTO: BNB), delivered returns that dwarfed those of the broader cryptocurrency market over the past week. Audiera ‘BEAT's Crypto Market In a week when Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and other large-cap cryptocurrencies showed almost no gains, an under-the-radar token has surged nearly 40%.

A Little-Known Token Just Left Bitcoin and Ethereum in the Dust This Week— Here's Why It's Surging

S&P 500 futures gained 0.2% and Nasdaq 100 contracts rose 0.4% after the index had slipped into a correction, with Microsoft up 8% in premarket after its cloud unit grew at the fastest pace in four years while it held the line on spending.

Live updates: Bitcoin holds near $64,000 as Microsoft's AI payoff lifts stocks

Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the biggest IPO in history more accurately than Wall Street, and then watched the stock walk away from them.

Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go

Core Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator's accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here.

Core Scientific Pays $42M to Exit Block's Bitcoin Mining Deal as AI Revenue Surges

Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.

Bitcoin, ether whipsaw wipes out $280 million even as prices remain flat over 24 hours

Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six weeks away.

Bitcoin analysts agree the Fed's hold was hawkish. They don't agree on what happens next.

The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.

Bitcoin's quantum plan assumes some algorithms break. AI just weakened one in 60 hours

Dogecoin

Leading cryptocurrencies traded flat, while stocks sold off on Wednesday as investors digested the Federal Reserve's policy decision and renewed Middle East hostilities. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Flat as US Resumes Iran Strikes: 'Whales Are Buying the Dip,' Says This Analyst

New research outlines a cryptographic approach that could allow Bitcoin and other blockchain wallets to remain compatible with existing addresses in a post-quantum future.

There's a New Way to Protect Bitcoin From Future Quantum Attacks, Researchers Say

The leading cryptocurrency didn't move much — and it wasn't clear what the Fed will do next.

Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged

Bitcoin briefly surged to $64,500 before pulling back to $63,700, ending down 0.6% on the day with its market cap holding at $1.277 trillion. Moderate Pullback Limits Liquidations Bitcoin seesawed July 29 as global markets reacted to a surprise Iranian strike on a U.S.

Bitcoin Traders Push Price Back to $64,400 After Fed Decision Eases Market Jitters

Chair Kevin Warsh kept the federal funds rate at 3.5%–3.75% and offered no new signals on when cuts—or hikes—might come.

Bitcoin, Ethereum Wobble as Fed Holds Rates Steady

Major cryptocurrencies have not meaningfully reacted to the Federal Reserve's decision to maintain the Federal Funds rate, trading sideways after the announcement. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $64,176 Ethereum (CRYPTO: ETH) $1,909 Solana (CRYPTO: SOL) $74.03 XRP (CRYPTO: XRP) $1.08 Dogecoin (CRYPTO: DOGE) $0.07087 Shiba Inu (CRYPTO: SHIB) $0.054756 Notable Statistics: Coinglass data shows 96,672 traders were liquidated in the past 24 hours for $316.23 million.

Bitcoin, Ethereum, Dogecoin, XRP Hold Steady as Fed Leaves Rates Unchanged

Bitcoin (CRYPTO: BTC) remains at a pivotal support level all the while Ethereum (CRYPTO: ETH) is showing its strongest relative performance in months, according to a prominent crypto analyst. The Key Technical Levels In a livestream podcast on July 28, pseudonymous analyst DonAlt said Bitcoin needs to move decisively away from the $60,000 region and reclaim $65,000 to improve its technical outlook.

Bitcoin, Ethereum Face Crucial Monthly Close on Friday: These Are the Levels to Watch

Ether ETFs attracted $14.53 million on Tuesday, building on Monday's gains as demand spread across three funds. Bitcoin ETFs posted a fourth straight outflow, while solana recorded its second-largest withdrawal since launch. Blackrock Pulls $54.83M From IBIT as Bitcoin ETF Outflows Reach Four Days Institutional crypto demand split further on Tuesday, July 28.

Morgan Stanley's MSSE Pulls in $5M on Debut as Ether ETFs Again Top Bitcoin With $14.5M Inflow

Charles Schwab Head of Crypto Research Jim Feroli on Tuesday said that Bitcoin (CRYPTO: BTC) typically faces seasonal weakness during the summer but could benefit from a year-end rally as risk appetite improves. Fair BTC Valuation At $95,000 Speaking with CoinDesk, Feroli estimated Bitcoin's fair value at around $95,000, based on the production costs of the least-efficient miners, while efficient miners currently produce Bitcoin at a rough price of $60,000.

Bitcoin's Fair Value Is $95,000, Schwab Research Chief Says: Here's Why

Solana

Prominent crypto influencer Ansem is more optimistic about digital assets than at any point in his career as he argues that improving infrastructure, mobile adoption and on-chain innovation are laying the foundation for the next cycle. “Never Been This Bullish On Crypto“ Speaking with crypto commentator Thread Guy in an interview on July 28, Ansem said speculation remains crypto's biggest strength, while predicting traders will increasingly become the next generation of financial influencers.

'I've Never Been This Bullish,' Says Top Crypto Influencer: Bitcoin, Solana, Memes Remain His Strongest Bets

Anthony Pompliano says Bitcoin (CRYPTO: BTC) does not need the CLARITY Act to reach new all-time highs, arguing the real fight is over who gets to profit from stablecoins, not whether crypto needs regulatory clarity. Why Pompliano Says Bitcoin Is Already Fine?

'Bitcoin Doesn't Need CLARITY,' Anthony Pompliano Says: 'We'll Hit All-Time Highs Either Way'

Bitcoin traded near $64,400 on Wednesday morning at 8:30 a.m. EDT, up roughly 1.6% over the previous 24 hours as positioning accelerated ahead of the Federal Reserve's afternoon rate decision. Price Rebounds From Overnight Low The move higher came after bitcoin briefly slipped below $63,000 in the prior session before buyers consistently defended that area.

Bitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Bitcoin (CRYPTO: BTC) spot trading volume is on track for its weakest month since November 2023 as markets brace for a Fed decision with a one-in-three chance of a rate hike. July Has Been Bitcoin's Quietest Month Since November 2023 K33 Head of Research Vetle Lunde said in a Tuesday report that average daily spot volume across tracked exchanges reached just $2.2 billion in July, with the seven-day average at $2.1 billion, down 4% from the prior week.

Bitcoin Volume Hits 2023 Lows as Analyst Warns Fed Hike Would 'Have Serious Legs'

The Federal Reserve (Fed) will announce its rate decision at 2 p.m. ET today, followed by Chair Kevin Warsh's press conference at 2:30 p.m.

3 reasons Wednesday's Fed meeting is pivotal for BTC

Twelve years after the first hardware wallet shipped, holding your own bitcoin has never been easier, and more people than ever are handing that job to someone else. There is a difference between owning bitcoin and owning a claim on bitcoin, and most people who think they hold it, are holding the claim.

Trezor: If You Don't Hold the Keys, You Don't Own the Bitcoin

Iran's Islamic Revolutionary Guard Corps (IRGC) fired ballistic missiles at U.S. forces in Jordan yesterday, U.S. Central Command (CENTCOM) confirmed, sending West Texas Intermediate (WTI) crude up nearly 4% and putting bitcoin's fragile ceasefire-driven rally back to the test.

News for Bitcoin Crypto (BTC)