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 and Nasdaq futures have moved in tandem for weeks, falling together on Oct. 30 and during last week's AI-led selloff. But yesterday, when the the S&P 500 index posted its best day since April 8 and the Nasdaq Composite rose 2.7%, bitcoin stayed put.

Bitcoin breaks with stocks, declines as ETF outflows mount, MARA reduces holdings

MARA Holdings reported $632.1 million in net income for Q3, then sold 13,597 Bitcoin after quarter-end to repay its BTC-collateralized loans in full.

MARA Posts $632M Q3 Profit, Repays Bitcoin Loans in Full

HIVE reported a $78.7 million quarterly net loss and $84.9 million in revenue, including $8.8 million from its AI business.

HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows

Ark Invest CEO Cathie Wood says gold is headed lower and bitcoin is set to keep gaining on it, even as BTC trails the metal since last week's U.S. midterm elections. “Gold Is Going Down” Wood made the call in remarks this week, with her main argument being statistical. She stated: Gold is going down.

Cathie Wood Says Gold Is Going Down While Bitcoin Marches on

Bitcoin slipped despite a Monday rebound in U.S. stocks, with spot ETFs losing $201 million as traders await October inflation data later today.

Bitcoin lags stock rebound in advance of U.S. inflation report

Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.

Bitcoin slips before U.S. inflation report as traders price in Fed rate increase

Markets price in a December Fed rate hike ahead of U.S. inflation data, while bitcoin and gold fall and oil retreats on easing Iran tensions.

Live news: traders price in fed rate hike for December as bitcoin and gold retreat

Cathie Wood's Ark Invest sold $6.1 million worth of Block shares and $1.13 million worth of Bullish shares through its ETFs on Monday.

Ark Invest trims Block, Bullish and its own bitcoin ETF holdings while buying Nvidia, SoFi

Bitcoin miner MARA Holdings sold 13,597 BTC for about $1.1 billion after the third quarter closed and used $750 million of the proceeds to repay all of its bitcoin-backed loans. A $1.1 Billion Sale Disclosed in the 10-Q The sale surfaced in MARA's quarterly report filed with the Securities and Exchange Commission (SEC) on Nov.

MARA Dumps Over 13,500 Bitcoin for Over $1B to Wipe out Its BTC Loans

Economist and gold advocate Peter Schiff is urging bitcoin holders to sell now, warning that BTC's slide below $75,000 leaves only “a short window before the crash.

Bitcoin Slips Under $75K as Peter Schiff Says Sell Before a Short Window Closes

MARA Holdings Inc. (NASDAQ: MARA) CFO Salman Khan said on Monday that the firm owns and operates about 1 gigawatt of power capacity, with a roadmap to scale beyond 4 GW. MARA's Plan to Deliver Long-Term Shareholder Value During MARA's third-quarter earnings call, Khan said the firm has secured the “power, partnerships and capital” required to advance its digital infrastructure strategy and deliver “long-term shareholder value.

MARA Holdings Touts Exploding AI Demand, Targets 4 GW Power Portfolio With Bitcoin Mining as Its 'Foundation'

MARA paid off every loan backed by its bitcoin and says the rest of its coins can fund AI datacenters.

Bitcoin miner MARA sold 13,597 BTC for $1.1 billion in six weeks, plans to sell more

Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF demand rather than temporary macro relief.

Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough

Dogecoin

Ethereum

Leading cryptocurrencies failed to gain momentum on Monday, lagging stocks as investors weighed the prospects for de-escalation in the Iran conflict. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:32 p.m.

Bitcoin, Dogecoin Steady, While Ethereum, XRP Dip: Analyst Calls BTC Accumulation by Major Cohorts During Selloff a 'Bullish Signal'

Michael Saylor's Bitcoin treasury firm, Strategy (MSTR), stacked $82 million worth of BTC in the past week. The company bought 1,036 Bitcoin at an average purchase price of $79,012 per coin, stretching its total holdings to 850,364 BTC.

Michael Saylor's Strategy Makes Sizeable Bitcoin Buy, Adding $82,000,000 Worth of BTC Amid Top Crypto Asset's Price Slide

MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.

MARA posts $634 million Q3 net profit on bitcoin gains, sells 13,597 BTC to pay off loans

Bitcoin's (CRYPTO: BTC) "glory days are over," Bloomberg Intelligence's Mike McGlone argued Monday, pointing to BTC falling below Strategy's (NASDAQ:MSTR) average cost basis as a sign the asset's best returns are behind it. McGlone Says Bitcoin's Falling Volatility Weakens Its Bull Case McGlone said on The Wolf Of All Streets podcast that Bitcoin's annualized volatility versus gold has dropped to its lowest level ever, roughly 1.1 to 1.2 times gold's volatility—a shift he called the end of the premium that justified owning Bitcoin in the first place.

Bitcoin's ‘Glory Days Are Over,' Bloomberg Expert Says as Bulls Push Back

Tesla and SpaceX CEO Elon Musk has shared a warning of "global bankruptcy" that could trigger a bitcoin price game-changer

Elon Musk's ‘Global Bankruptcy' Nightmare Is Suddenly Coming True—Fueling Bets On A Bitcoin Price Boom

Bitcoin (CRYPTO: BTC) should already be trading at $200,000, according to Anthony Scaramucci, who believes persistent inflation, rising government deficits and continued government spending have constrained the rally. In an interview with Cointelegraph at SALT London, the SkyBridge Capital founder questioned Bitcoin's weak price performance despite favorable long-term fundamentals.

Anthony Scaramucci Says Bitcoin Should Already Be Trading at $200,000

Bitcoin (CRYPTO: BTC) has dropped to its 20-week moving average, with analyst Benjamin Cowen warning that further downside could follow amid stock market weakness and historical midterm-year selling pressure. Why Could Bitcoin Fall Further?

Bitcoin Could Bottom in December, Prominent Bearish Analyst Predicts

According to Fitch Ratings, bitcoin demonstrated growing market resilience following the $6.3 billion Binance hack, falling just 6%—a far milder price decline than those seen during previous crypto crises.

Bitcoin's 6% Price Drop After $6.3B Binance Hack Signals Maturity: Fitch Ratings

Longtime Bitcoin Core developer Cory Fields has introduced an unconventional defense against future quantum attacks: secretly planted “quantum landmines” that could allow bitcoin holders to reclaim stolen coins while confiscating an attacker's collateral, potentially turning attempted theft into an expensive mistake. Bitcoin's Quantum Threat Meets an Unusual Defense Strategy In a Nov.

Bitcoin Developer Floats ‘Quantum Landmines' to Trap Future BTC Thieves

U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday's inflation report set to test bets on a December Fed rate hike.

Bitcoin in Limbo as Stocks Rebound Ahead of US Inflation Report

Bitcoin trades below $75,000 Monday, triggering over $1 billion in liquidations as mounting macroeconomic pressures weighed on the cryptocurrency.

Bitcoin Falls Below $75,000, Drags Ethereum, XRP, Dogecoin 5% Lower

Strategy (Nasdaq: MSTR) bought 1,036 Bitcoin for $81.9 million in the week to Nov. 8, and spent $188.3 million buying back STRC preferred stock.

News for Bitcoin Crypto (BTC)