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 plunged to $110,623 on Friday, marking one of its sharpest single-day drops this month amid renewed market jitters and a wave of liquidations across major exchanges. Thanks to the latest trade war scares, bitcoin's price tumbled to $110,623 on Oct. 10, 2025, extending a volatile week for the leading cryptocurrency.

Bitcoin Crashes to $110,623 as Market Continues to Shake Out

Bitcoin, the world's largest cryptocurrency by market value, was down by around 5.5% at $114,505 at 1658 ET (2058 GMT) on Friday.

Bitcoin down 5.5% at $114,505

The Helios project could eventually become one of the biggest data centers in the U.S., adding a steady new revenue stream for Galaxy.

Galaxy raises $460 million in push to transform Texas bitcoin site into AI data hub

BlackRock's Bitcoin ETF tops profit charts while Coinbase breaks into NY's staking market. Plus: S&P's new hybrid crypto index.

Public Keys: BlackRock Bitcoin Fee Frenzy, S&P Catchall and New York Stakes

Global markets plunged after U.S. President Donald Trump threatened tariffs on Chinese imports. The downturn in the crypto market saw $549 million in long positions wiped out in four hours. Trump Vows to Counter China's ‘Monopoly' Global financial markets were shaken by renewed fears of a cascading trade war after U.S.

Trade War Fears Sink Bitcoin to $116K; $1.3B in Leveraged Positions Liquidated

Ethereum

Solana

So much for "Uptober." Bitcoin plunged Friday while Ethereum and Solana fell to October lows after President Trump's latest tariffs salvo.

Red Uptober? Crypto Liquidations Top $1 Billion as Bitcoin, Ethereum and Solana Erase Gains

Bitcoin Magazine Maria Corina Machado Wins Nobel Peace Prize — Could She Become the First ‘Bitcoin Nobel' Winner? Venezuelan opposition leader and pro-Bitcoin advocate María Corina Machado won the 2025 Nobel Peace Prize for her fight for democracy. Maria Corina Machado Wins Nobel Peace Prize — Could She Become the First ‘Bitcoin Nobel' Winner? Micah Zimmerman.

Maria Corina Machado Wins Nobel Peace Prize — Could She Become the First ‘Bitcoin Nobel' Winner?

The threat comes after China's Ministry of Commerce quietly expanded export controls over rare earth minerals on Thursday.

Bitcoin Falls Below $118K After Trump Warns China of ‘Massive Increase' in Tariffs

British investment platform Hargreaves Lansdown has warned users to stay away from Bitcoin, saying crypto has "no intrinsic value."

Don't Buy Bitcoin, Warns UK Investment Giant Hargreaves Lansdown—Here's Why

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

The Daily: Kalshi raises $300M at a $5B valuation, bitcoin miners' power capacity is giving them an edge in AI, and more

Morgan Stanley (NASDAQ:MS) has taken a major step toward crypto mainstream adoption by removing all restrictions on client access to digital asset funds, a move celebrated by Bitcoin advocate Michael Saylor. What Happened: The Wall Street giant informed its financial advisors that, starting Oct. 15, all wealth management clients, including those with retirement accounts, can now invest in crypto funds.

Michael Saylor Lauds Morgan Stanley Unlocking Crypto Access As 'Milestone For Bitcoin's Adoption'

Square Bitcoin lets U.S. merchants accept BTC with no fees until 2027, a move Mizuho analysts say could reshape consumer payments.

Square Bitcoin a ‘big test' of BTC's future as payments network with $300 million profit upside, says Mizuho

Bitcoin Magazine Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions Bitcoin price dropped to the $118,000 range today after President Trump announced tariffs on Chinese goods. Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions Micah Zimmerman.

Bitcoin Price Sinks to $118,000 Amid U.S.-China Trade Tensions

Bitcoin exchange-traded funds (ETFs) notched their ninth straight day of inflows with $198 million, led by Blackrock's IBIT, while Ether ETFs ended their eight-day streak with $8.5 million in outflows. Ether ETFs See $8.5 Million Exit as Bitcoin ETFs Add $198 Million After eight days of synchronized gains, the tides shifted in crypto ETF flows.

Bitcoin ETFs Extend Inflow Streak to 9 Days as Ether Sees Modest Outflow

Bitcoin Magazine Bitcoin-Friendly Prediction Market Kalshi Raises $300 Million at $5 Billion Valuation, Expands Globally Kalshi has raised $300 million in new funding at a $5 billion valuation and will soon open access to people in 140 countries. Bitcoin-Friendly Prediction Market Kalshi Raises $300 Million at $5 Billion Valuation, Expands Globally Micah Zimmerman.

Bitcoin-Friendly Prediction Market Kalshi Raises $300 Million at $5 Billion Valuation, Expands Globally

Morgan Stanley (NYSE:MS) has reportedly removed longstanding limits on which wealth clients can buy crypto funds, telling advisors they may place digital-asset products across account types, including retirement accounts, as part of a broader expansion of access beginning Oct. 15. The firm informed its advisor force that crypto funds can be offered to any customer, a shift from prior rules that confined the products to high-net-worth investors with aggressive risk profiles and taxable brokerage accounts, CNBC reports.

Morgan Stanley Eases Barriers To Bitcoin And Ether Funds For All Clients

President Trump said Friday that China may face even more severe tariffs, sending Bitcoin and other assets down alongside stock indices.

Bitcoin, Ethereum Dive Alongside Stocks as Trump Threatens 'Massive' China Tariffs

Bitcoin plunged to a low of $118,497 on Thursday after critical comments from former President Donald Trump about China's rare earth export policies rattled global markets and spurred risk-off sentiment among crypto traders.

Bitcoin Dips to $118,497 Amid Renewed Trade Fears

Bitcoin's (CRYPTO: BTC) recent surge to all-time highs is prompting caution among analysts, with fears a rejection could spark a sharp pullback. What Happened: Crypto trader EmperorBTC noted that Bitcoin has approached range highs and previous ATHs, but momentum has slowed.

Bitcoin's 'Worst-Case Scenario': A Sharp Decline To $96,000 If One Level Isn't Reclaimed Fast

It's deja vu all over again for bitcoin bulls as Monday's rally to an all-time high triggered not FOMO, but instead fast retreat. That retreat sped up in a big way in late-morning U.S. action on Friday after trade war tensions between the U.S. and China ratcheted higher.

Trump Tariff Threat on China Sends Bitcoin Tumbling Below $119K

Bitcoin Magazine How the Bitcoin Everything Indicator Improves Bitcoin Price Prediction Discover how the improved Bitcoin Everything Indicator refines bitcoin price prediction by merging macro, on-chain, and technical data into one model. How the Bitcoin Everything Indicator Improves Bitcoin Price Prediction Matt Crosby.

How the Bitcoin Everything Indicator Improves Bitcoin Price Prediction

Bitcoin Magazine Morgan Stanley Opens Bitcoin And Crypto Fund Access to All Wealth Clients Morgan Stanley will allow all clients, not just high-net-worth investors, to access crypto funds and ETFs starting on October 15. Morgan Stanley Opens Bitcoin And Crypto Fund Access to All Wealth Clients Micah Zimmerman.

Morgan Stanley Opens Bitcoin And Crypto Fund Access to All Wealth Clients

A subsidiary of Dominari Holdings (DOMH), the investment firm with ties to President Donald Trump's sons, Eric and Donald Jr., is teaming up with Bitcoin programmability project Hemi to progress its digital asset treasury and exchange-traded fund (ETF) plans.

Trump-Linked Firm Looks to Bitcoin Programmability to Build BTC Treasury, ETF Platform

Bitcoin Magazine Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks The Bank of Russia will reportedly permit domestic banks to engage in limited crypto activities under strict oversight. Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks Micah Zimmerman.

Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks

Bitcoin (CRYPTO: BTC) may soon catch up to gold's multi-week rally if past patterns repeat, according to one prominent analyst. What Happened: In an update in his private Patreon group, prominent analyst Kevin said gold is approaching a cyclical top, driven by extreme momentum and a historically high monthly RSI of 92.16—the highest since 1979.

News for Bitcoin Crypto (BTC)