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.

Charles Hoskinson, founder of Cardano, has predicted that Bitcoin could reach $250,000 by the end of this year or next.

Cardano Founder Charles Hoskinson Predicts Bitcoin Could Reach $250,000 by End of 2025, Cites Stablecoin Legislation and Growing Adoption

Bitcoin is currently trading at $79,150, showing a modest 1.8% gain in the last 24 hours, although it remains down about 4% over the past week.

Tariffs, Inflation, and Dollar Weakness Could Push Bitcoin Higher, Says Grayscale

Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives.

Samson Mow Sees Bitcoin Surging as Tariffs, Rates, Capital Flight All Hit at Once

The world's largest crypto exchange platform by trading volume is adding support for a new Bitcoin (BTC) staking protocol. In a new announcement, Binance says it will be adding the BTC staking project Babylon (BABY) to its massive suite of digital asset products.

Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)

Jack Dorsey said Bitcoin needs payments to scale. Rena Shah, COO of Trust Machines, disagrees.

Bitcoin Is Not a Payments Platform

Before April 9, miners were paying upwards of $3M for chartered flights as they try to outrun the impact of Trump's import levies. Some miners are comparing the tariffs to China's 2021 mining ban.

How Bitcoin Miners Are Adjusting to the Threat of Tariffs: Blockspace

The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.

New Hampshire House Passes State Bitcoin Reserve Bill

Bitcoin's price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior.

Bitcoin Price Watch: Eyes on $82K Resistance After $74K Bounce

With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.

Bitcoin Life Insurance Firm Meanwhile Raises $40M to Expand Globally

The Federal Reserve intervened when this crowded trade unwound during the coronavirus pandemic.

How the Basis Trade Unwind Could Affect Bitcoin and Crypto

The leading cryptocurrency couldn't hold above the $80,000 mark on Thursday.

Bitcoin Wavers as ‘Confusing Environment' on Wall Street Sets In

Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront.

Bitwise: Tariff Turmoil Will Ultimately Benefit Bitcoin, $200K Still in Play

A popular crypto strategist is warning that Bitcoin (BTC) is trading at critical levels, signaling a high risk for a deeper correction. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Bitcoin must hold $76,600 as support to remain bullish.

Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC at ‘Do-or-Die' Levels – Here Are His Bearish Targets

Cardano

The creator of the smart contract platform Cardano (ADA) says that crypto assets will benefit from Donald Trump's tariff war. In a new interview on CNBC Squawk Box, crypto veteran Charles Hoskinson says that Trump's trade war will ultimately lead to a massive six-figure price tag for Bitcoin (BTC).

Cardano Creator Charles Hoskinson Says Crypto To Benefit From Tariff War, Unveils Six-Figure Bitcoin Target

Dogecoin

Ethereum

The crypto market is showing signs of cooling after a sharp rally on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $79,496.69 -3.1% Ethereum (CRYPTO: ETH) $1,516.46 -7.5% Solana (CRYPTO: SOL) $111.13 -6.5% XRP (CRYPTO: XRP) $1.95 -3.6% Dogecoin (CRYPTO: DOGE) $0.1535 -4.1% Shiba Inu (CRYPTO: SHIB) $0.00001155 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%.

Bitcoin, Ethereum, XRP, Dogecoin Lose Steam, Trader Warns Of 'New Lows' Under One Condition

The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.

Bitcoin Set to Go ‘Nuclear' as Governments Flood the World With Fiat, Says Strike CEO

Bitcoin Magazine Ross Ulbricht To Speak At Bitcoin 2025 It's happening! Everything we've fought for and more; Ross Ulbricht is free and he is coming to Bitcoin 2025! Bring your “Free Ross Day One” t-shirts to Vegas because he will be in attendance at the conference for the first time as a free man, in less than two months.

Ross Ulbricht To Speak At Bitcoin 2025

Until his pardon, Ulbricht was serving a life sentence without the possibility of parole for creating and operating Silk Road.

Silk Road creator Ross Ulbricht to make first public appearance at Bitcoin conference

Bitcoin Magazine Former CFTC Chairman Timothy Massad On Bitcoin And Digital Asset Privacy As a former U.S. regulator, Massad believes that a balance must be found between user privacy and the government's ability to monitor for illicit activity when it comes to digital assets. This post Former CFTC Chairman Timothy Massad On Bitcoin And Digital Asset Privacy first appeared on Bitcoin Magazine and is written by Frank Corva.

Former CFTC Chairman Timothy Massad On Bitcoin And Digital Asset Privacy

President Donald Trump's “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets' broad-based contraction.

Glassnode Data Shows Seller Exhaustion Emerging in Bitcoin, Ethereum Markets

Bitcoin (BTC) may have a severe correction if one major support level fails to hold up, according to digital asset analytics firm Glassnode.

Bitcoin at Risk of Triggering Further Downside if This Major Support Level Breaks, Warns Glassnode

Bitcoin Magazine How Semler Scientific (SMLR) Escaped the Zombie Zone with a Bitcoin Treasury Strategy Eric Semler on how a Bitcoin treasury strategy helped Semler Scientific (SMLR) escape the zombie zone and revive shareholder value. This post How Semler Scientific (SMLR) Escaped the Zombie Zone with a Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Nick Ward.

How Semler Scientific (SMLR) Escaped the Zombie Zone with a Bitcoin Treasury Strategy

Cryptocurrencies pulled back with the broader market as investors gave back more than half of Wednesday's historic rally.

Bitcoin falls as investors slash gains from historic rally on U.S. tariffs pause

The digital asset surged to $83K late Wednesday on news of President Donald Trump's 90-day tariff pause.

Bitcoin Seesaws Despite Tariff Truce and Cooling Inflation

Based in Bermuda, Meanwhile offers a "BTC Whole Life" insurance product, which is a "whole life" insurance plan that's based in bitcoin.

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