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.

Veteran trader Peter Brandt has warned that bitcoin may be forming a bearish “broadening top” pattern, similar to soybeans in 1977 before a major crash.

Bitcoin's ‘Broadening Top' Pattern Sparks 50% Decline Warning From Veteran Trader

Despite the October flash crash and deleveraging event, Bitcoin traders are in for a record options expiry event at the end of the month. Here's what to expect.

Spooky Szn? Bitcoin Options Worth Record $31 Billion Set to Expire on Halloween

SpaceX appears to be consolidating its BTC by moving the cryptocurrency from older, legacy wallet addresses to new, modern ones.

SpaceX moves another $134 million in bitcoin to new wallets: Arkham

Ethereum

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: JPMorgan's BTC and ETH pledge, Polymarket's token and airdrop plans, OG bitcoin miner's 14-year dormancy ends, and more

Friday's consumer price index (CPI) is the only official economic data that has been published during the ongoing U.S. government shutdown. Bitcoin Tops $111K As Inflation Cools The pace of inflation was slower than what many economists predicted according to the latest CPI report published by the U.S.

Bitcoin Briefly Climbs Past $111K After CPI Data Reveals Cooling Inflation

Bitcoin rose above $110,000 after softer U.S. CPI at 3.0%, while analysts say easing hopes clear policy risk, though options exposure leaves rallies fragile.

Softer inflation gives bitcoin room to run, but downside risks lurk beneath: analysts

The crypto market was buoyed by a softer than expected CPI print, with bitcoin BTC$110,507.77 rising back above $110,000 as ether ETH$3,935.07 moves back towards $4,000.

Crypto Markets Today: BTC Reclaims $110K as Softer CPI Boosts Market Sentiment, Altcoins Lag

Bitcoin Magazine Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets Bitcoin price rose above $111,000 today after softer-than-expected U.S. inflation data boosted expectations of further Federal Reserve rate cuts this year. Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets Micah Zimmerman.

Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets

Bitcoin Magazine Why the Bitcoin Price May Be Decoupling From Its Four-Year Cycle Has the bitcoin price truly broken from its historic four-year rhythm, or is global liquidity now dictating the pace of every major cycle? Why the Bitcoin Price May Be Decoupling From Its Four-Year Cycle Matt Crosby.

Why the Bitcoin Price May Be Decoupling From Its Four-Year Cycle

JPMorgan Chase & Co. (NYSE:JPM) will allow institutional clients to use Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as collateral for loans, marking a major shift in how Wall Street's largest bank integrates digital assets into its core lending operations, according to Bloomberg. JPMorgan Expands Crypto Collateral Program The program, set to launch by year-end, will let clients pledge Bitcoin and Ethereum for secured loans.

'Pet Rock' No More: JPMorgan To Accept Bitcoin, Ethereum As Collateral

Bitcoin Magazine JPMorgan to Accept Bitcoin as Loan Collateral by Year-End JPMorgan Chase is about to let its clients use Bitcoin as collateral for loans. JPMorgan to Accept Bitcoin as Loan Collateral by Year-End Micah Zimmerman.

JPMorgan to Accept Bitcoin as Loan Collateral by Year-End

Bitcoin rises 2% as U.S. inflation cools to 3% in September, slightly below economists' 3.1% forecast, boosting crypto markets ahead of Fed meeting.

Bitcoin and Ethereum Rise as Delayed Report Shows Inflation Cooled in September

The U.S. government shutdown has meant a dearth of official economic data this month, but the Bureau of Labor Statistics got enough of its group together to issue its Consumer Price Index (CPI) report for September, and it came in better than anticipated.The CPI rose 0.3% month-over-month compared to economist expectations of 0.4% and August's 0.4% increase. On a year-over-year basis, CPI increased by 3.0%, against forecasts of 3.1% and August's 2.9%.

U.S. CPI Rose Softer Than Expected 0.3% in September; Bitcoin Adds to Gains

Bitcoin ETFs returned to positive territory with a modest $20 million inflow, while ether ETFs extended their losses with $128 million in outflows. Crypto ETFs Split Paths as Bitcoin Rises but Ether Retreats With $128 Million Outflow The crypto exchange-traded fund (ETF) market showed a tale of two assets on Thursday, Oct.

Bitcoin ETFs Recover With $20 Million Inflow as Ether Slumps

The bank's new framework could let institutional clients post crypto as loan collateral under a third-party custody model.

JPMorgan to Let Clients Use Bitcoin and Ether as Collateral for Loans: Report

Bitcoin (CRYPTO: BTC) remains range-bound, with on-chain metrics signaling short-term weakness but long-term bullish fundamentals intact. What Happened: CryptoQuant data shows Bitcoin's bull cycle remains in a late-stage accumulation phase, not a definitive end.

Bitcoin Faces $115,000 Resistance But On-Chain Data Rejects 'Definitive End' Scenario

Investment banking giant JPMorgan Chase plans to let institutional clients use their bitcoin BTC$111,233.88 and ether ETH$3,961.83 holdings as collateral for loans by year-end, according to a report by Bloomberg.

JPMorgan to Allow Clients to Pledge Bitcoin and Ether as Collateral: Bloomberg

Dogecoin

Bitcoin is back above $111,000, with altcoins surging on Friday morning. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $111,167 Ethereum (CRYPTO: ETH) $3,957 Solana (CRYPTO: SOL) $191.85 XRP (CRYPTO: XRP) $2.45 Dogecoin (CRYPTO: DOGE) $0.1969 Shiba Inu (CRYPTO: SHIB) $0.

Bitcoin Crosses $111,000 As Ethereum, Dogecoin Surge Ahead Of Inflation Data

JPMorgan will allow institutional clients to post BTC and ETH as collateral for loans by year-end, building on prior ETF collateral programs.

JPMorgan to let institutional clients pledge BTC and ETH as loan collateral by year-end: Bloomberg

Swiss Sygnum Bank and bitcoin-backed lending platform Debifi announced a partnership to launch MultiSYG, a Bitcoin‑native 3‑of‑5 multi‑signature lending solution that the firms say will be the first from a regulated bank to let borrowers draw fiat loans against onchain verifiable bitcoin collateral while retaining distributed key control.

Sygnum and Debifi Combine Bitcoin Multi‑Sig Technology With Regulated Bank Lending Services

Data from Lookonchain shows an early bitcoin BTC$111,310.17 miner wallet holding 4,000 BTC (around $442 million) has become active for the first time in 14 years. The wallet, identified as 18eY9o, transferred 150 BTC (roughly $16.6 million) after years of dormancy.

Dormant Bitcoin Whale With $442M Awakens for First Time in 14 Years Amid Quantum Fears

Bitcoin BTC$111,194.10 traded above $111,000 on Friday morning in Europe, supported by news of a confirmed meeting between U.S. President Donald Trump and Chinese President Xi Jinping.

Bitcoin, European Stocks Buoyant as Trump-Xi Meeting Confirmed

Miner wallet containing 4,000 BTC breaks 14-year dormancy: Lookonchain

After months of steady rise to record high, bitcoin's BTC$111,309.78 pulse has slowed, with BTC changing hands above $111,000 Friday afternoon, Hong Kong time, up 2% over the last week according to CoinDesk market data.

Bitcoin's Rally Cools as Traders Hedge the Heat

LUGANO, SWITZERLAND — Swiss digital asset bank Sygnum Bank has teamed up with bitcoin BTC$111,347.33 lending startup Debifi to launch what they say is the first bank-backed loan platform that doesn't require borrowers to give up full control of their BTC.

News for Bitcoin Crypto (BTC)