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 miner Cango has closed a $10.5 million equity investment and secured an additional $65 million in commitments as it pivots toward AI.

Bitcoin miner Cango lands $75 million in equity backing amid AI expansion strategy

Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin's scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.

Bitcoin layer-2 builders pitch BTCFi as the next institutional unlock

Bitcoin's price is $67,925 this morning at 8 a.m. EST, giving the asset a market capitalization of $1.35 trillion, with $51.15 billion in 24-hour trading volume and an intraday range between $65,932 and $68,371.

Bitcoin Consolidates After Capitulation: Next Stop $72K or Back to $60K?

Lightning Labs has open-sourced a suite of tools that allow AI agents to run Lightning nodes and make payments.

Lightning Labs releases AI agent tools for native Bitcoin Lightning payments

Terpin argued that bitcoin's post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain.

Forget $80k: Michael Terpin warns bitcoin could revisit the $40,000s before a real recovery

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Crypto bulls ignore 'extreme fear' to push bitcoin higher

Dogecoin

Ethereum

Bitcoin is up to $68,000 on Thursday morning after a volatile stretch that wiped out post-election gains; liquidations stand at $338.20 million over the past 24 hours. Bitcoin ETFs saw $276.3 million in net outflows on Wednesday, while Ethereum ETFs reported $129.18 million in net outflows.

Bitcoin To $68,000, Ethereum, XRP, Dogecoin Creep 1% Higher

Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the economy was restrained even as the headline number surged.

Bitcoin defies 'extreme fear,' hot jobs report to show signs of resilience

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC, reinforcing bitcoin as its long-term reserve asset.

Binance converts its $1 billion safety net into 15,000 BTC

Lombard unveils Bitcoin Smart Accounts to recognize custodied BTC as onchain collateral, enabling decentralized finance ( DeFi) access without moving custody.

Lombard Launches Bitcoin Smart Accounts Linking Custody to DeFi

Bitcoin is not looking hot in the near term, according to CryptoQuant CEO Ki Young Ju. Ju says Bitcoin is “not pumpable right now,” with the market lacking the conditions needed for a sustained rally. “In 2024, $10 billion in cash could create $26 billion in BTC book value.

Bitcoin ‘Not Pumpable' Right Now, According to CryptoQuant CEO – Here's What He Means

Binance has completed the $1 billion transition of its SAFU reserves into bitcoin, confirming the fund holds 15,000 BTC.

Binance finalizes $1 billion SAFU reserve conversion into bitcoin

Zcash

Barry Silbert, CEO of cryptocurrency conglomerate Digital Currency Group, said Wednesday that privacy-focused cryptocurrencies are poised to become the next big investment opportunity in the industry. Bitcoin Not Really ‘Anonymous' During a conversation with Anthony Pompliano at the Bitcoin Investor Week conference, Silbert said his thesis is that 5-10% of Bitcoin's (CRYPTO: BTC) market cap would rotate into privacy coins, including Zcash (CRYPTO: ZEC).

Barry Silbert Forecasts Up To 10% Of Bitcoin's Market Cap Will Move To Privacy Coins—Crypto Mogul Says Zcash Can Rocket 500x, BTC Won't

Danske Bank enables customers in the EU to invest in bitcoin and ethereum via exchange‑traded products on its trading platform.

Danske Bank Adds Bitcoin and Ethereum ETPs to Trading Platform

Bitcoin developers have updated draft BIP 360 to introduce Pay-to-Merkle-Root (P2MR), a proposed output type designed to reduce long-term quantum risk while retaining Taproot's scripting flexibility. The proposal removes Taproot's key-path spend entirely, aiming squarely at the portion of modern bitcoin addresses most exposed to future quantum attacks.

Bitcoin's Draft BIP 360 Introduces P2MR in Push Toward Quantum Resistance

Investors are focused on January's CPI release after stronger-than-expected jobs data forced a repricing of rate expectations.

What to Expect for Bitcoin and Crypto Ahead of This Week's Inflation Data

Veteran short seller Jim Chanos slammed Strategy Inc. (NASDAQ:MSTR) for touting the stability of its perpetual preferred shares on Wednesday, even as its main stock continues to get hammered. Chanos Takes Fresh Dig At Strategy Chanos reacted to a Bloomberg interview where Strategy CEO Phong Le described the firm's Perpetual Stretch Preferred Stock (NASDAQ:STRC ) closing at $100 as the “story of the day” and “exactly how it was engineered to perform.

Jim Chanos Slams Bitcoin Play Strategy For Bragging About Stability Of Preferred Shares: 'Can You Imagine Any Other CEO With A Plunging Stock

The perpetual preferred STRC hits $100 par amid bitcoin downturn, enabling potential further BTC purchases for the company.

Strategy's STRC returns to $100, poised to unlock more bitcoin accumulation

The Feb. 5 shock booked the largest-ever realized loss — $3.2 billion — in bitcoin history.

Last week's rout delivered bitcoin's biggest realized loss ever; bottoming signals grow

Leading cryptocurrencies fell alongside stocks and precious metals on Wednesday, even as job growth accelerated strongly in January. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:30 p.m.

Gold, Silver Fall Alongside Bitcoin, Ethereum, Dogecoin As 'Extreme Fear' Persists: Analyst Sees BTC's 'Slow Bleed' To This Level Before Rebound

Michael Saylor says Strategy has no plans to sell its bitcoin, even in a prolonged downturn, as BTC trades near $65,900 to $66,150. Strategy Won't Sell BTC as Saylor Dismisses Liquidation Fears Michael Saylor has once again made clear that Strategy's bitcoin playbook is unchanged: accumulate and hold.

Michael Saylor Vows Strategy Will Keep Buying Bitcoin

Investigators released footage of a suspect in the Nancy Guthrie case amid reports of a Bitcoin transfer and new ransom demand.

Bitcoin Transfer, New Ransom Demand Surface in Nancy Guthrie Abduction Case: Reports

Bitcoin is trading lower Wednesday as stronger-than-expected U.S. jobs data fueled macro headwinds and triggered another wave of risk-off selling.

Bitcoin, Ethereum, XRP, Dogecoin Slide As Strong Jobs Data Sparks Risk-Off Move

Paxful signed a plea deal saying it should pay a $112 million fine for its crimes. But the DOJ determined it could only afford to pay $4 million.

Bitcoin Exchange Paxful Must Pay $4 Million Over Prostitution, Money Laundering Charges

Bitcoin (CRYPTO: BTC) has shed almost 50% of its value from its top last October and plummeted below its November 2024 price. The $2.7 Billion Liquidation Flush According to Wintermute, the sell-off in early February triggered more than $2.7 billion in liquidations, marking Bitcoin's steepest drawdown since 2022.

News for Bitcoin Crypto (BTC)