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 gave back its run at $85,000 and broke below $82,500 as weak tech earnings soured the mood. XMR bucked the drop with an 11% jump.

Live updates: Bitcoin's round trip to $85,000 burns traders on both sides

Technology shares led regional losses as mixed U.S. earnings unsettled investors and Brent crude climbed above $112 a barrel.

Asian stocks tumble, bitcoin retreats as China enters bear market

Cryptocurrency analyst Matt Crosby said on Wednesday that even a modest allocation of global capital could lift Bitcoin (CRYPTO: BTC) toward $275,000. The Road to $275,000 In an interview with Bitcoin Magazine, Crosby argued that Bitcoin's relatively small market size could amplify incoming capital and trigger a massive surge in the asset's price.

Bitcoin's Boring Moves Are ‘Actually Quite Healthy,' Says Analyst Eyeing $275,000 Target

Bitcoin could outperform stocks, gold, and real estate over the next decade or longer, JPMorgan projects. Coinbase Predict highlighted that outlook alongside seven developments spanning investment access, corporate earnings, and artificial intelligence. JPMorgan Projects Bitcoin Returns Above Stocks and Gold An eight-item financial roundup shared by the Coinbase Predict account Oct.

Coinbase Spotlights 8 Big Stories From Bitcoin Forecasts to AI

Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs victims' claims to the coins.

China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme

Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.

Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally

Tesla Inc. (NASDAQ: TSLA) kept its Bitcoin (CRYPTO: BTC) intact through the first quarter, while reporting significant paper gains on the stash. Tesla Reports Unrealized Profit Tesla reported $962 million in digital assets on its balance sheet, up 42% quarter-over-quarter The Elon Musk-led mobility giant reported paper gains of $288 million on its cryptocurrency holdings, snapping a three-quarter streak of paper losses.

Tesla Doesn't Sell a Single Bitcoin in Q3 as Crypto Stash Jumps 42% to $962 Million

BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell.

Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves

Dogecoin

Ethereum

Leading cryptocurrencies traded in the green on Wednesday as investors assessed progress in key legislation governing stabelcoins.

Bitcoin, Ethereum, XRP, Dogecoin Rise as Scott Bessent Compares GENIUS Act to Lincoln's Currency Milestone: Analyst Notes BTC's Sentiment- Defying Move

Bitcoin traders bought the dip near $80K, then $548M in ETF inflows and rising leverage pushed BTC toward the $85K resistance. Will the ceiling give way?

Bitcoin Chases $85K After Spot BTC ETF Inflows, Leverage Use Return

Bitcoin rebounded from $60,000 to $84,000 but continues to face resistance near that level amid liquidation pressure and geopolitical uncertainty.

Bitcoin, Ethereum, XRP, Dogecoin Rebound: Can BTC Break $84,000 Resistance?

Shares of bitcoin treasury companies Strategy and Strive surged Wednesday, extending gains as bitcoin rebounded to hit its highest price in two weeks and investors weighed fresh BTC acquisitions and financing moves by the two publicly traded firms.

Strive, Strategy Shares Jump as Bitcoin Price Eyes $85K

Bitcoin (CRYPTO: BTC) climbed towards $84,500 Wednesday and may have already bottomed months ahead of its usual post-midterm pattern, according to a prominent trader Why This Midterm Cycle Could Look Different Widely-followed cryptocurrency trader Castillo Trading posted on X that Bitcoin dropped 42% in Q4 2018 and 14% in Q4 2022, the two prior midterm years, with both selloffs arriving after the election rather than before. This year, he argues Bitcoin may have already bottomed near $58,000 back in the summer, roughly five months earlier than the usual pattern.

Bitcoin Sank After the Past Two Midterms. Here's Why This Time May Be Different

Ledger is rolling out Crypto Loan in Ledger Wallet, letting users borrow USDC or USDT against wrapped Bitcoin through Morpho without selling their BTC.

Ledger Rolls Out Morpho-Powered Stablecoin Loans Against Wrapped Bitcoin

Bitcoin (CRYPTO: BTC) could attract its next trillion dollars from traditional credit markets as institutional investors increasingly embrace BTC-backed financial products, according to Strive (NASDAQ:ASST) Chief Risk Officer Jeff Walton. Why Strive Raised $700 Million In a Bitcoin Magazine interview on Oct. 21, Walton said the company raised almost $700 million through its new SATS perpetual preferred stock offering, exceeding its initial $500 million target.

Strive's Jeff Walton Sees $1 Trillion Bitcoin Opportunity in Credit Markets

Avalanche

Hyperliquid

Chainlink

Solana

Zcash

Grayscale expanded in-kind access across 10 crypto ETFs on Wednesday, letting eligible investors swap Bitcoin, Ethereum, and Solana directly for shares.

Grayscale Expands In-Kind Access Across 10 Crypto ETFs

A paper from the Bank for International Settlements (BIS), an organization of central banks, recycles old, repeatedly rebutted claims about bitcoin—but agrees with Strategy's Michael Saylor that it isn't working as everyday money. Both reach that conclusion, but for opposite reasons.

BIS Paper Shows Meme-Level Grasp of Bitcoin, But Agrees With Saylor on Key Point

Bitcoin (CRYPTO: BTC) on Wednesday reclaimed $84,000 after gaining around 2.5% as renewed ETF inflows and slowing profit-taking supported a recovery from last week's low. Bitcoin Defends Critical Support Bitcoin briefly dipped to $80,100 on Oct. 15 before recovering above the average cost basis of U.S. spot Bitcoin ETFs.

Bitcoin Reclaims $84,000 but 2 Critical Events May Still Derail the Rally

Bitcoin is back near $84,500 as XRP and Zcash lead a broad crypto rebound from October's slide, putting "Uptober" back on the table.

Bitcoin Hits Weekly High as Crypto Market Rebounds

Grayscale is opening a new route for eligible crypto investors to exchange their existing tokens directly for shares in 10 investment products, bypassing the need to sell for cash first.

Grayscale Opens In-Kind ETF Access With Six-Figure Entry Minimums

Grayscale announced Wednesday that eligible investors can directly contribute cryptocurrencies, including Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE) and Solana (CRYPTO: SOL), in exchange for shares of select investment products. Grayscale Expands In-Kind Investing The asset manager is expanding in-kind subscriptions across 10 digital asset investment products, allowing eligible investors to exchange existing crypto holdings for fund shares without first converting their tokens into cash.

Grayscale Opens In-Kind Crypto Investing for Bitcoin, XRP, Dogecoin, Solana ETFs

Elon Musk has publicly endorsed a potential merger between Tesla and SpaceX, a combination that would consolidate 30,221 BTC worth approximately $2.54 billion. During SpaceX's third-quarter earnings call, Musk acknowledged serious shareholder hurdles while outlining the advantages of joining his companies.

Elon Musk's Proposed Tesla-SpaceX Merger Would Forge a Bitcoin Powerhouse

Musk said both boards formed committees to weigh a tie-up that would combine Tesla's 11,509 BTC and SpaceX's 18,712 BTC—roughly $2.5 billion worth—onto a single balance sheet.

Musk's SpaceX-Tesla Merger Would Create a Bitcoin Treasury Behemoth

The price of bitcoin is rising fast — with the stock market — as investors feel bullish on tech.

Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite

Bitcoin's price punched through $84,000 on Wednesday, catching bearish traders off guard and helping wipe out $188 million in short positions across crypto markets. More than 71,000 traders faced liquidations as the leading crypto asset climbed toward $84,700, squeezing leveraged bets against it.

News for Bitcoin Crypto (BTC)