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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.

Trading of Bitcoin Ordinals on Binance's NFT marketplace will end on April 18, with users advised to withdraw assets before April 10.

Binance NFT Marketplace Axes Support for Bitcoin Ordinals

A look at the similarities between AI, 3D printing, and Bitcoin in terms of their disruptive potential as decentralized technologies.

Decentralization and Localized Manufacturing: Bitcoin, AI and 3D printing

The bitcoin halving may already be priced into the market, say Coinbase analysts, as they weigh in on a long-running debate.

Bitcoin's recent all-time high could mean the halving is priced in, say Coinbase analysts

Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) continued to attract significant investment on Wednesday, with the total net inflows into these funds reaching $113 million. What Happened: However, the story within the Bitcoin ETF landscape remains nuanced.

Bitcoin Spot ETFs Notch $113M Net Inflows On Wednesday, Grayscale Outflows Continue

An analyst and trader is issuing a warning on Bitcoin (BTC) amid the flagship crypto asset's double-digit pullback from an all-time high reached last month.

‘We're in the Thick of the Danger Zone' – Analyst Issues Bitcoin Alert, Predicts More Downside Risk for BTC

Financial services giant Franklin Templeton sees Bitcoin undergoing a renaissance of innovation driven by ordinals, layer 2s, and new protocol standards.

Franklin Templeton: Ordinals Driving 'Renaissance' in Bitcoin Innovation

Fidelity's FBTC led the inflows on Wednesday, attracting $116.7 million, while outflows from Grayscale's GBTC fund slowed to $75.1 million.

Spot Bitcoin ETF flows turn positive this week as Grayscale's GBTC outflows slow

The price of Bitcoin (BTC) has fallen below the 21-day SMA for the second consecutive day, indicating that the cryptocurrency is poised for another decline.

Bitcoin holds above $65,000 and prepares for its uptrend

A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”.

Trader Updates Outlook on Altcoin That's Exploded Over 1,000% Year-to-Date, Maps Path Forward for Bitcoin

Shiba Inu

This article was originally published on the Benzinga India portal. Meme tokens like Shiba Inu (CRYPTO: SHIB), Pepe (PEPE), and Floki (FLOKI) have captured the attention of Indian investors, dominating the trading scene on WazirX, one of India's premier crypto exchanges.

Shiba Inu Outshines Bitcoin In India Amid Meme Coin Frenzy On Premier Domestic Platform

Economist Peter Schiff has once again stirred the crypto community, this time by advising Bitcoin (CRYPTO: BTC) holders to exchange their holdings for gold and silver. What Happened: On Monday, Schiff, a well-known Bitcoin critic, took to social media platform X, formerly known as Twitter, to taunt Bitcoin holders.

Peter Schiff Taunts Bitcoin Holders, Urges Them To Exchange Their Crypto Holdings For Gold: 'If You Fail To Act, Have Fun Staying Poor'

ARK 21Shares exchange-traded fund (ARKB) experienced higher Bitcoin (BTC) outflows than Grayscale's Bitcoin Trust (GBTC) for the first time.

ARK Invest 21Shares Bitcoin Spot ETF Surpasses Grayscale's GBTC in Outflows for the First Time

Dogecoin

Ethereum

Renowned financial expert, Raoul Pal, remains optimistic about the future of cryptocurrencies, predicting a rapid adoption rate despite recent market downturns. What Happened: On Thursday, Pal took to X, formerly Twitter, to express his views on the current state of the cryptocurrency market.

As Bitcoin, Ethereum, Dogecoin Come Under Pressure; Raoul Pal Asserts Crypto 'Still Being Adopted At Twice The Speed Of Internet' —Predicts 1B Users By 2025

Major cryptocurrency experienced a decline on Wednesday, with the price of BTC staying below $67,000 during U.S. trading hours. Cryptocurrency Gains +/- Price (Recorded 12:00 a.m.

Bitcoin, Ethereum, Dogecoin Decline Ahead Of Friday's Jobs Report—Analyst Predicts King Crypto Could Surge Over 278% To $256K

Bitcoin halving 2024 – perhaps the most eagerly awaited event in the crypto world this year – is now less than a month away. While the abundance of countdown timers scattered across various platforms highlights its significance, its true implications for the crypto market remain somewhat ambiguous.

Bitcoin Halving 2024 – Insights From Historical Performance

The investment giant says the popular project reflects “positive momentum in innovations” in digital assets.

Bitcoin Ordinals Driving ‘Renaissance' in BTC Activity: Franklin Templeton

A new study has shed light on the most popular cryptocurrencies among residents of Michigan. What Happened: The study by Bombastic.com, which analyzed Google search data over the past year, revealed a mix of established players and rising stars capturing the attention of Michigan's crypto enthusiasts.

Michigan's Most Popular Cryptocurrencies: Study Results May Surprise You

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10.

Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB

Capriole Investments founder Charles Edwards shared a comprehensive list of Bitcoin (CRYPTO: BTC) cycle top signals, highlighting the importance of monitoring these metrics over focusing on price targets. What Happened: Edwards took to X on Wednesday to discuss the key indicators that could signal a Bitcoin cycle top.

'Forget Bitcoin Price Targets': Crypto Expert Says 30% Of Cycle Top Metrics Are 'High Risk'

A crypto strategist is issuing a warning on Ethereum, saying that ETH is now in the midst of a major correction. Pseudonymous analyst Ali Martinez tells his 56,500 followers on the social media platform X that Ethereum is now bearish after breaking below support at $3,400.

Analyst Unveils ‘Most Brutal Scenario for Ethereum' (ETH), Warns Bitcoin (BTC) Could Witness More Losses

Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

Ark Invest's Cathie Wood believed a big part of the recent rally in Bitcoin (CRYPTO: BTC) was the result of a “flight to safety” that people aren't talking about. What To Know: Wednesday on CNBC's “Squawk Box,” Wood acknowledged the momentum in Bitcoin was partially driven by a surge in demand following the approval of spot Bitcoin ETFs in January.

Cathie Wood: People Aren't Talking About This Reason For Bitcoin's Surge — 'There's Something Else Going On'

On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double the inverse of bitcoin's daily returns.

Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

The founders of analytics platform Glassnode say Bitcoin (BTC) has a real potential to suddenly soar to a cycle top of $256,000.

$256,000 Bitcoin Blow-Off Top? Glassnode Analysts Plot Possible Price Path for BTC – Here's Their Outlook

El Salvador is hosting a wave of Bitcoin-related activities during the first week of April. This time, local private organizations and foreign teams celebrate the Bitcoin Week with parties and gatherings related to the upcoming Bitcoin halving.

News for Bitcoin Crypto (BTC)