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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 was down some 8% late on Saturday evening as U.S. officials confirmed the attack was imminent.

Bitcoin and other cryptocurrencies tumble amid Middle East tensions

The uptrend of the Bitcoin (BTC) price has come to an end as it has dipped below the moving average lines. BTC price analysis by Coinidol.com.

Bitcoin Loses Important Support At $66,000 And Starts To Fall

A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country's foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K. government.

Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement

Rich Dad Poor Dad author Robert Kiyosaki has explained why he won't invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed.

Robert Kiyosaki Explains Why He Won't Buy Bitcoin ETF

Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.

Bitcoin Falls 8%, Drops Below $62K Before Rebound

News that Iran has reportedly launched drones toward Israel's airspace is affecting global markets and sending Bitcoin's (BTC) price plummeting. Iran says it has launched dozens of drones and the Israeli military says it expects them to arrive in a matter of hours, reports the Associated Press.

Dow Futures Drop, Bitcoin Price Plummets As Iran Launches Drones Toward Israel

Dogecoin

Ethereum

Solana

Bitcoin BTC has fallen sharply after Israel's military said Iran had fired "dozens" of drones toward it in a retaliatory attack.

Israel-Iran War Fears Suddenly Spark $500 Billion Bitcoin And Crypto Price Crash—Hitting Ethereum, BNB, XRP, Solana And Dogecoin

On Saturday, Iran launched drones toward Israel in response to an airstrike on an Iranian embassy complex in Syria last week. According to CNN, Israeli Defense Forces spokesperson Daniel Hagari confirmed the drone attack, which is expected to "take a number of hours" to reach Israel.

Iran Launches Drone Attack On Israel In Escalation Of Tensions, Bitcoin Drops Sharply In Response

The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations Reported By 4:00 p.m.

Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour

Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, adding $5,050 to its previous close.

Bitcoin down by 7.1% to $62,346

The W token took one of the biggest Ls, down over 30% over the past seven days.

This Week in Coins: Bitcoin Brings Entire Crypto Market Down One Week Before Halving

A little known bitcoin futures ETF rode a 135% return in Q1, double that of spot bitcoin ETFs, to become the largest of its kind.

Investors Pile Into 2X Leveraged ETFs Before The Bitcoin Halving

Following the downturn in bitcoin's price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis.

Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving

Pepe

A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.

Crypto Trader Says He Is ‘Super Bullish' on One Top-10 Altcoin, Updates Outlook on Bitcoin and Pepe

Bitcoin BTC has surged back this year, topping its previous all-time high as traders brace for a China game-changer.

‘It's Going To Zero'—Legendary Billionaire Predicts ‘Rapid, Cataclysmic' U.S. Dollar Collapse And A $5 Trillion Post-Halving Bitcoin Price Boom

A widely followed crypto analyst says one Bitcoin (BTC) ordinals token that has skyrocketed in the last few weeks still possesses more upside potential.

Bitcoin Ordinals Token That's Exploded Over 4,600% in a Month Flashing Bullish Signal, According to Top Analyst

The estimated time remaining would see Bitcoin's fourth halving arrive on April 20, with the block subsidy dropping from 6.25 to 3.125 BTC.

Bitcoin's halving countdown continues with one week to go

Blackrock, the world's largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K bitcoins.

$10.5 Trillion Asset Manager Blackrock's Spot Bitcoin ETF Now Holds 270K BTC

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin's total hashrate. The analysis shows that substantial miners' rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian.

A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards

Major cryptocurrencies dropped on Friday, with $877.8 million liquidations in the crypto derivatives market. What Happened: Cryptocurrency markets were weighed down by risk-off sentiment in traditional markets amid heightened geopolitical risks.

Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert

On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated.

Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop

A widely followed crypto analyst says Bitcoin (BTC) is busy accumulating for another breakout. Crypto trader Michaël van de Poppe tells his 711,500 followers on the social media platform X that gold and BTC are on their way to new all-time highs (ATHs). “Bitcoin looks like it wants to build up before another breakout.

Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins

Currently, less than 20% of the financial institutions that issued spot Bitcoin ETFs give back to Bitcoin Core developers.

Who Will Be The Next Spot Bitcoin ETF Issuer To Support BTC Developers After Bitwise And VanEck?

Investors may expect market weakness due to the tax season, Ryze Labs said in a report.

Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

The approval of spot market Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) could reportedly happen in Hong Kong as early as next week According to a new report by Bloomberg, anonymous people familiar with the matter say that two companies – Chinese asset manager Harvest Fund Management as well as a partnership between Bosera

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