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.

Russians have until July 1, 2027 to buy and sell crypto directly with each other. After that, every trade runs through a broker or exchange approved by the Bank of Russia.

Russia Will Soon Ban Peer-to-Peer Bitcoin Trading, Central Bank Confirms

Grayscale research shows that bitcoin's realized volatility is in the same range as a number of S&P 500 stocks.

Bitcoin's Volatility Has Fallen Within S&P 500 Ranks, Study Shows

Bitwise executive Matt Hougan says every path the AI economy could take, boom, bust or nothing dramatic at all, ends with Bitcoin (CRYPTO: BTC) higher. Hougan wrote in a Wednesday note that he's been fielding an unusually wide range of questions at conferences lately, from whether Fed rate decisions trigger a recession to whether AI leads to infinite abundance or human extinction.

Bitcoin Wins Whether AI Booms or Busts, Bitwise Exec Says: ‘All Roads Lead to Bitcoin'

Crypto liquidations topped $939 million in 24 hours as Bitcoin fell below $80,000 before rebounding, with longs making up 84% of the losses, CoinGlass said.

Crypto Liquidations Hit $939M in 24 Hours as Bitcoin Rebounds

Google has announced a major quantum computing breakthrough, demonstrating a technique that reduces errors by a factor of 40 and could help make powerful quantum computers more practical. The advance comes as researchers increasingly warn that future quantum machines could undermine the cryptography securing bitcoin and other digital assets.

Google Touts ‘Magic' Quantum Breakthrough as Bitcoin Q-Day Threat Looms

In a note to investors, Matt Hougan used a “Choose Your Own Adventure” framework to argue that superabundance, an AI bust or a muddle-through economy all ultimately funnel to the same place: Bitcoin higher.

Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says

Bitwise Chief Investment Officer Matt Hougan argued in a Wednesday memo that BTC will rise whether AI delivers a boom, a bubble burst, or something in between.

Bitwise CIO Matt Hougan Says Every Macro Path Leads to Bitcoin

Ethereum

Bitcoin rebounded to $82,000 as the 10-year U.S. Treasury yield fell sharply to 5.09% after surging to 5.36% following yesterday's hotter-than-expected CPI report. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $82,061 Ethereum (CRYPTO: ETH) $2,435 Solana (CRYPTO: SOL) $105.95 XRP (CRYPTO: XRP) $1.34 Dogecoin (CRYPTO: DOGE) $0.08091 Shiba Inu (CRYPTO: SHIB) $0.055111 Notable Statistics: Coinglass data shows 173,758 traders were liquidated in the past 24 hours for $929.17 million.

Bitcoin at $82,000, Ethereum, XRP Stabilize on $1B Short Squeeze

Chainalysis research shows that the U.S. is HODLing hard.

US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report

Even after FTX questions remain linked to roles of government and investors for seized crypto holdings

Bitcoin Seizures Are Raising A $5 Billion Question Linked To Who Should Benefit From The Gains

Bitcoin staged a rapid recovery Thursday, climbing back above $82,000 to trade slightly higher over 24 hours with a market cap near $1.65 trillion. BTC Rebounds Above $82K After CPI Volatility Bitcoin appeared to recover from a morning rout Thursday after it reclaimed $82,000 just hours after sliding below $80,000.

Bitcoin Price Rebounds Above $82K After Brief Dip Below $80K

Bitcoin mining difficulty is set to rise about 6.7% on Friday, the most since June, with BTC about 3% below the $85,000 JPMorgan estimates it costs to mine.

Bitcoin Mining Difficulty Set for Biggest Jump Since June as Price Trails Production Cost

Solana

Bitcoin (CRYPTO: BTC) rebounded to $82,000 after dipping below $80,000 on Thursday, while several major altcoins flashed technical buy signals. Where Bitcoin's Liquidation Clusters Sit Glassnode posted on X that Bitcoin is sitting on support, but a large cluster of long liquidations sits just below current levels, with another cluster near $75,000.

Bitcoin Bounces Above $82,000 as XRP, Solana Flash Buy Signals

CleanSpark is ending monthly mining reports, while BitFuFu faces uncertainty over its Ethiopia deal.

CleanSpark and BitFuFu see bitcoin production slip in September as Canaan remains flat

Bitcoin fell below $81,500, the average cost of US spot Bitcoin ETF holders, after US producer prices rose 1.3% in September, the most since March 2022.

Bitcoin Price Sinks Below ETF Buyers' Average Cost as Hot Data Piles Up

Bitcoin has recovered slightly despite its price getting hit again by hotter-than-expected inflation data.

Bitcoin Briefly Slides Below $80,000 On More Hot Inflation Data

Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.

Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion

U.S. crypto ETF flows swung sharply back into negative territory on Wednesday, with bitcoin and ether funds shedding a combined $390.97 million. The reversal erased Tuesday's improvement and pushed the two largest ETF categories to roughly $341 million in combined outflows for the week so far.

Bitcoin, Ether ETFs Lose $391M as Single-Day Rebound Vanishes

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) face renewed ETF outflows and macroeconomic uncertainty. Spot Bitcoin and Ethereum ETFs recorded around $500 million and $600 million in weekly net outflows over the past week, which Charles Schwab equity research director Adam Lynch attributes to tactical institutional trading rather than weakening long-term demand.

Bitcoin, Ethereum ETFs Face Outflows but Altcoins Could Lead the Next Rally, Grayscale Predicts

BlackRock chief executive Larry Fink, has warned the ballooning $40 trillion U.S.

BlackRock CEO Issues ‘Serious' Warning As Bitcoin Crash Fears Suddenly Surge

Bitwise CIO Matt Hougan predicts an AI bubble collapse would prompt government bailouts and eventually fuel a bitcoin rally.

Bitwise CIO argues bitcoin will benefit whether AI booms or busts

BTC fell 3.6% to $80,764 as South Korea's Kospi sank 8% and Japan's Nikkei dropped 5.2% in a risk-off selloff following hot US inflation data.

Bitcoin Falls Below $81K as Hot US CPI Data Sinks Asian Equities

What will push Bitcoin to new highs? Charles Edwards breaks down key catalysts, from Fed policy shifts and government adoption to ETF institutional inflows.

Charles Edwards: Why Quantum Risk Could Be MASSIVE BTC Upside Catalyst

Bitcoin (CRYPTO: BTC) could remain range-bound between $80,000 and $95,000 for months despite entering an early bull market as persistent inflation and macroeconomic uncertainty delay the next major rally, according to DeFi Report founder Michael Nadeau. In a discussion on The Defiant Report on Wednesday, Nadeau maintained 90% confidence that Bitcoin has entered an early bull market, drawing parallels with its 2023 recovery.

Watch $77,000 for Bitcoin Bull Market Confirmation, Crypto Expert Says

Is Bitcoin in a generational supercycle? Wellington-Altus's James Thorne explains why changing market structures signal the end of the four-year cycle.

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