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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.

Ethereum

Social media giant Reddit holds both Bitcoin (BTC) and Ethereum (ETH) in its treasury, according to a filing with the U.S. Securities and Exchange Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to its planned initial public offering (IPO).

Social Media Giant Reddit Holds Bitcoin and Ethereum for ‘Treasury Purposes,' According to SEC Filing

This week, crypto enthusiasts and historians alike have found themselves enraptured by the wealth of newly released emails from Satoshi Nakamoto, uncovering the visionary's early efforts with Bitcoin. Specifically, one email, identified as number #3, offers unparalleled glimpses into Nakamoto's considerations regarding Bitcoin's scalability, economic framework, and prospects.

Bitcoin's Scalability Foreseen by Satoshi Nakamoto to Outpace Visa, Historic Email Reveals

Donald Trump has changed his tune on Bitcoin (BTC). The former president and presumptive Republican nominee in 2024 fielded a question about the top crypto asset during a Fox News town hall in South Carolina this week.

‘I Can Live With It': Former President Donald Trump Changes Tune on Bitcoin, Calls for Regulation

Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week's 16.

Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

Bitcoin BTC has exploded back over the last year, rocketing to a 1 $trillion market capitalization and triggering a serious warning that the "collateral damage" from the bitcoin price boom "will be massive."

‘Huge Catalyst'—ETF CEO Reveals A Massive $114 Trillion Wall Street Bombshell Is Quietly Headed For The Bitcoin Price

Nakamoto wrote that calling Bitcoin an investment was “dangerous” and said touting its anonymity was “shady.”

Satoshi Lore Grows as More Bitcoin Inventor Emails Emerge

Uniswap

Ethereum and Uniswap stole the show this week. AI tokens also exploded.

This Week in Coins: Ethereum Steals the Show, Bitcoin Loses Steam, and AI Tokens Explode

In a series of posts on X, formerly Twitter, on Friday, Adam Cochran, a prominent crypto analyst, put forward a compelling argument that Hal Finney might be the real person behind the pseudonymous Satoshi Nakamoto, the creator of Bitcoin (CRYPTO: BTC). What Happened: Cochran's posts on X present a detailed timeline of events that suggest Finney's involvement in the creation and development of Bitcoin.

Who Is Satoshi Nakamoto? New Emails Could Clear The Mystery Behind Bitcoin Inventor

The enigmatic creator of Bitcoin, Satoshi Nakamoto , had anticipated the energy consumption controversy surrounding the cryptocurrency over a decade ago, as revealed in a 2009 email. What Happened: An email exchange unveiled by early Bitcoin (CRYPTO: BTC) developer Martii “Sirius” Malmi during a U.K. High Court trial shows that Nakamoto had foreseen the energy-intensive nature of cryptocurrency mining, albeit less than the traditional banking system, reported Wired.

Mysterious Bitcoin Inventor Satoshi Nakamoto Predicted Debate About King Crypto's Energy Use More Than A Decade Ago: Report

A popular crypto analyst believes the pre-halving rally for Bitcoin (BTC) is still in the beginning stages. Pseudonymous crypto trader Rekt Capital tells his 57,300 YouTube subscribers that based on historical patterns, Bitcoin's pre-halving rally may extend for weeks longer.

Bitcoin Pre-Halving Rally Has Only Just Started, Says Crypto Analyst – Here's His Outlook

U.S. presidential candidate and former President Donald Trump has acknowledged the growing popularity of bitcoin, stating that “a lot of people are doing it” and the crypto has taken on “a life of its own.

Donald Trump Acknowledges Bitcoin's Popularity — Says BTC Has Taken on ‘a Life of Its Own' and ‘I Can Live With It'

In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the cryptocurrency's infancy.

Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin's Early Days

Bitcoin is emerging as an attractive choice for portfolio diversification in a climate were inflation remains persistent, analysts said.

Bitcoin's appeal as a hedge against ongoing inflationary pressures is increasing, analysts say

Data indicates that we're 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins.

Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

Bitcoin is in a different place than it was four years ago, the last time the cryptocurrency underwent a halving. Here's what you need to know.

Bitcoin Halving and BTC Price: Will This Time Be Different?

Chainlink

A widely followed crypto analyst is taking a look at altcoins as Bitcoin (BTC) stumbles. Crypto trader Michaël van de Poppe tells his 695,000 followers on the social media platform X that Chainlink (LINK) could potentially reach $40 in the next few months, a huge 123% increase.

Crypto Trader Updates Outlook on Bitcoin and Altcoins, Says Chainlink Could Explode by 123%

The RIA platform Carson approved four spot bitcoin ETFs that will become accessible to financial advisors and their clients.

$30-billion financial advisor platform approves only four Bitcoin ETFs: Bloomberg

The U.S. Department of Energy has agreed to temporarily suspend its mandatory survey of cryptocurrency miner energy use following a lawsuit by prominent miner Riot Blockchain and an industry group, according to a notice filed on Friday with the United States District Court for the Western District of Texas Waco Division.

EIA to temporarily suspend bitcoin miner survey after lawsuit -court document

Reddit's recent strategic move to invest in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) has not just made headlines but has also ignited a fiery debate across its own vast network of forums. What Happened: Following the announcement of Reddit's investment in cryptocurrencies, the platform's subreddits are dissecting this decision from every conceivable angle.

Did Reddit Bet Its IPO On Bitcoin? 'Sounds Like A Stupid Decision,' Redditor Says

Bitcoin is currently trading in a range and exceeds the psychological price threshold of $50,000. Price analysis by Coinidol.com.

Bitcoin Stabilizes, But Cannot Hold Above The High Of $52,000

Carson Group has approved to list BlackRock, Fidelity, Bitwise, and Franklin's spot Bitcoin ETFs for trading.

$30 billion RIA Platform Carson Group Approves To Offer Spot Bitcoin ETFs To Clients

The emails show never before seen correspondence between Bitcoin creator Satoshi Nakamoto and Hashcash inventor Adam Back.

Read Adam Back's Complete Emails with Bitcoin Creator Satoshi Nakamoto

Bitcoin and Ethereum may be near a small correction just days after posting big gains in intra-day and intra-week sessions.

AI Tokens Resist Cooling Crypto Market as Bitcoin, Ethereum Wobble

A quick summary of an ongoing hearing in Waco, Texas where the Texas Blockchain Council and Riot Platforms, Inc. are seeking a restraining order temporarily blocking the EIA emergency survey.

RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY

After a month-long rally, Bitcoin (CRYPTO: BTC) prices are stalling and even under some sell pressure. Traders are debating in which direction Bitcoin will break out from its range.

News for Bitcoin Crypto (BTC)