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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 (CRYPTO: BTC) is gaining momentum, opening the week with a 6.4% rally and pushing the asset above the $70,000 mark alongside a 63% surge in trading volumes. 10x Research states that the week ahead will be crucial in determining Bitcoin's next 15,000-point move.

Bitcoin Breaks $70,000: 10x Research Predicts 'Critical' Week For The 'Next 15,000-Point Move'

A woman who converted Bitcoin (BTC) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement. BBC reports that Jian Wen, a Chinese national and a resident of Hendon, North London, was convicted at the Southwark Crown Court on Monday.

London Resident Holding $2,500,000,000 in Bitcoin Convicted on Money Laundering Charges: Report

Nigerian Bitcoiners continue pushing to expand the ecosystem in the midst of a crackdown on P2P trading platforms in the country.

AMIDST P2P CLAMPDOWN, NIGERIA BITCOINERS EMPOWERS WOMEN WITH BITCOIN EDUCATION

Investors have pulled cash out of crypto funds such as Grayscale's Bitcoin Trust after seven straight weeks of inflows.

Bitcoin ETFs, Crypto Funds Lost Nearly $1 Billion Last Week Due to Investor 'Hesitancy'

Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, tipping the group of U.S. spot bitcoin exchange-traded funds (ETFs) into net outflows for the week ending March 22, according to data from BitMEX Research.

Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week

Amid halving buzz, Bitcoin flirts with its all-time high after days of losses, surpassing $70,000 early Monday.

Bitcoin Price Surges Back Above $70,000 With Halving 25 Days Away

Ethereum

The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.

London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28

On Monday, bitcoin's value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit.

Bitcoin Climbs Above $70,000, Marking a Stellar Recovery

Issuers proposing to establish a Bitcoin ETN on the Main Market in May will need to submit applications to the Exchange by April 15.

London Stock Exchange To Launch Bitcoin ETN Market In May

Bitcoin BTC and crypto prices—including major coins ethereum and XRP XRP —have suddenly rocketed higher, soaring after a famed stock market picker made a huge bitcoin price prediction.

Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market

Why the Media Is Seemingly Less Interested in Bitcoin Than Ever

Bitcoin (CRYPTO: BTC) bulls charged into the new trading week, with the world's most popular cryptocurrency breaking above the $70,000 mark on Monday, for the second time in its history. This rally comes just days after Bitcoin had previously soared to a new all-time high, only to subsequently slump back to the $60,000 levels.

Bitcoin Breaks Above $70K Again: Expert Points To Pattern Signaling Major Breakout

Bitcoin spiked to start the final week of March, reclaiming the $69,000 level.

Bitcoin jumps 6%, verges on $70,000 to start the week

The rally was broad-based, with SOL and AVAX advancing nearly 10% over the past 24 hours.

Bitcoin Pumps Above $69K as Crypto Rally Resumes

Charting is controversial because in a random market, charts of the past do not predict the future. However, not all markets are random and the ones that may be are random in a bounded way.

Bitcoin Boom: History Is Repeating Itself

As the crypto market braces for the Bitcoin (CRYPTO: BTC) halving, crypto analytics firm Glassnode highlights a twist in the narrative — Exchange Traded Funds (ETFs) are now playing a dominant role in shaping market dynamics, potentially diminishing the traditional impact of the halving. What Happened: The influx of institutional demand through Bitcoin ETFs is significantly altering the supply-demand equilibrium, the report states.

Forget What You Know About The Bitcoin Halving: Here's Why This Cycle Could Be Wild

How Bitcoin Mining Has Changed Since the Last Halving

Some thoughts on the difficulty of governments enforcing taxation in a world where Bitcoin is widely used in commerce.

Bitcoin and Taxation: Government On A Bitcoin Standard

In a world increasingly focused on sustainability and renewable resources, the conversation around bitcoin mining's environmental impact has reached the shores of Iceland. Known for its breathtaking landscapes and renewable energy sources, Iceland has emerged as a global leader in bitcoin mining.

Bitcoin Mining Unlocks Iceland's $9.24 Million Food Import Gap

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading past the key $67,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $3,400 mark this morning.

Bitcoin Surpasses $67,000; Internet Computer Emerges As Top Gainer

Bitcoin's upward price trajectory in the past 24 hours has caused almost $40 million in BTC short liquidations.

Bitcoin back above $67,000, but market volatility causes spike in liquidations

BlackRock and Fidelity's spot bitcoin﻿﻿ exchange-traded funds have outperformed 3,122 other funds this year by recording net inflows for 49 days straight.

Bitcoin ETFs On Better Win Streak Than 95% Of Traditional Funds

Bitcoin's price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day's trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin's (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders.

Bitcoin Technical Analysis: Bulls Regain Strength and Rise Toward Upper Resistance Levels

UK hospitality worker found guilty of laundering $2.5B in Bitcoin, largest crypto seizure for money laundering.

UK Woman Found Guilty of Laundering $2.5B Bitcoin

An on-chain analyst at Glassnode says that Bitcoin (BTC) investors are likely to sell some of their coins before the crypto king's halving in April.

News for Bitcoin Crypto (BTC)