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) could gain support from cooling inflation and fading expectations for another Federal Reserve rate hike, according to Wolfe Research Chief Economist Stephanie Roth. Why Inflation Is Cooling In an interview with Anthony Pompliano on July 16, Roth highlighted her expectations of a slowdown in inflation through the summer as several temporary pressures begin to fade.

Could the Fed and Cooling Inflation Kickstart a Bigger Bitcoin Rally in July?

A small group of traders extracted $8.2 million from Polymarket's five-minute bitcoin contracts by pushing the spot price on Binance just before settlement, researchers from Stanford University and Singapore Management University found.

Stanford Study: Polymarket's Bitcoin Bets Were Rigged in the Final 10 Seconds

Bitcoin's BTC$64,174.67 booming options market has undergone a notable shift in positioning that could slow the largest cryptocurrency's ascent above $70,000.

The most popular bitcoin call option has slipped by $10,000

ORANGE JUICE raised $40 million to acquire businesses, pursue a bitcoin treasury strategy, and implement a permanent capital ownership model.

Jeff Booth, Lyn Alden-backed ORANGE JUICE raises $40 million to launch permanent capital firm with bitcoin treasury strategy

Profit-taking after bitcoin hit a $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with bears leading price action across most tokens.

Bitcoin pulls back to $64,000 after hitting monthly high as bears take control

Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches the depth of 2022's bear market, NYDIG said in its second-quarter review.

Is Bitcoin Really Headed to $38,000? NYDIG's October Scenario, Explained

Strategy Inc. (Nasdaq: MSTR) now pairs a $3 billion U.S. dollar reserve with 843,775 BTC worth roughly $55 billion, a barbell structure executive chairman Michael Saylor is pitching as the company's path through the bear market. A New Strategy, No Pun Intended The world's largest corporate bitcoin holder has stopped stacking and started hoarding dollars.

Saylor Hoards $3 Billion in Cash as Strategy's $55 Billion Bitcoin Bet Sinks $9.9 Billion Underwater

A bitcoin OG wallet transferred 5,908 BTC to a new address on Wednesday, according to Lookonchain, citing Arkham data.

Bitcoin whale moves $383 million in BTC after 8 years of dormancy: onchain data

Larry Fink, CEO of BlackRock Inc. (NYSE:BLK), stated on Wednesday that Bitcoin (CRYPTO: BTC) is more stable at current levels, with excessive leverage largely washed out of the system. Is Fink Betting On Bitcoin's Bull Run?

Larry Fink Says Bitcoin Has 'More Stability' at Current Levels: BlackRock CEO 'Very Bullish on the Markets'

Humanitarian crowdfunding can raise thousands in hours, but banking rules, sanctions and intermediaries may still stop the money reaching those in crisis.

When The Financial System Can't Reach People In Crisis, Bitcoin Can

Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike.

Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000

The coins went to a fresh address rather than an exchange, so nothing has been sold yet.

A bitcoin wallet dormant since the 2017 peak just moved $383 million

Ethereum

This is not a broad rally as bitcoin is up 4% over the same stretch, and solana, TRON and hyperliquid are all lower.

Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund

Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce.

Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000

Cleanspark has signed a 20-year triple-net lease at its Sandersville, Georgia, campus, expected to generate $6.6 billion in contracted revenue. The tenant has also secured exclusivity over Cleanspark's 885 MW Texas portfolio, signaling a broader artificial intelligence (AI) infrastructure partnership. Cleanspark Turns Georgia Mining Site Into 175 MW AI Campus With $6.

Cleanspark Lands $6.6B AI Lease as 20-Year Deal Reshapes Bitcoin Mining Strategy

Bitcoin whales have not identified quantum computing risks as a reason for selling, according to Galaxy Digital, while institutional investors have flagged quantum concerns as a reason to avoid buying the crypto asset.

Bitcoin Whales Are Not Selling Over Quantum Fears, Analyst Says

Dogecoin

Leading cryptocurrencies traded sideways on Wednesday, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran

Bitcoin, XRP, Dogecoin Steady; Ethereum Gains Amid Soft Inflation Reading: Analyst Says Indicators 'Flashing Bottom Signals Everywhere'

Blackrock CEO Larry Fink said he is bullish on markets, citing early gains from technology-driven margin expansion. He also said the washout of excessive leverage has left bitcoin and the broader cryptocurrency market more stable.

Blackrock CEO Larry Fink ‘Very Bullish' on Markets as Bitcoin Stabilizes

Strategy would begin considering risks associated with its debt only if bitcoin falls to around $8,000-$10,000, CEO Phong Le said.

Strategy CEO says company isn't going anywhere as bitcoin buyer, sees debt concerns only below $10,000 BTC

Bitcoin could drop as low as $38,000 this year, a new report claims.

Bitcoin to $40,000? If History's Anything to Go By, It's Possible, Says Report

A proposal to restrict non-financial data on Bitcoin has split prominent developers, miners, and industry leaders ahead of a key activation deadline, reopening one of the network's biggest governance debates since the Blocksize Wars.

What Is BIP-110 and Why Is It Dividing the Bitcoin Community?

Bitcoin (CRYPTO: BTC) tapped $65,000 on Wednesday as several on-chain indicators flash the strongest accumulation signal since the 2022 bear market. Bitcoin Enters Historically Undervalued Zone In a Milk Road interview on July 14, Bitcoin Magazine Pro analyst Matt Crosby said Bitcoin may still revisit lower levels, but current valuations create an "asymmetric opportunity" as technical, fundamental and macro indicators converge near historically important support zones.

Bitcoin Hits 3-Week High Above $65,000: What Is Happening?

Bitcoin crossed $65,000 on Wednesday, with the Crypto Fear & Greed Index improving to 35 as prices rebounded.

Bitcoin Holds $65,000 as Crypto Sentiment Improves, Ethereum Outshines XRP, Dogecoin

Fueled by positive economic data, bitcoin added to its July 14 gains on Wednesday to breach $65,000, hitting an intraday peak of $65,518 and driving its market cap past $1.3 trillion. Leveraged Shorts Wiped Out in Derivatives Flurry Building on a recovery that wiped out Monday's losses, bitcoin comfortably surpassed the $65,000 threshold on Wednesday.

Bitcoin Tops $65,500 as $209 Million in Crypto Shorts Collapse Across Markets

A new study found that Polymarket's five-minute Bitcoin contract functioned as a wealth transfer mechanism, funneling money from retail traders to a small group of manipulators while distorting Bitcoin's spot price.

News for Bitcoin Crypto (BTC)