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.

Jim Cramer says traders clinging to Fed-driven optimism are delusional as Bitcoin (CRYPTO: BTC) traded as low as $81,000 on Friday. Cramer Says Fed Optimism Is Misplaced CNBC host Jim Cramer on Friday said traders were wrong to assume that conditions improved after Federal Reserve board member John Williams spoke.

Jim Cramer Says Market Bounce Makes 'No Sense' As Bitcoin Reels From $1B Liquidation Wave

Earlier this year, at Hong Kong's Bitcoin Asia, there was a growing sense of frustration with Digital Asset Treasury (DAT) companies and their lagging performance against the asset they fill their coffers with.

Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part

Strategy, the Bitcoin treasury pioneer (ticker MSTR) is currently included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.

‘Conviction in Bitcoin is unwavering': Saylor rebuts MSCI removal risk amid Strategy stock selloff

MicroStrategy Inc (NASDAQ:MSTR) didn't just follow Bitcoin (CRYPTO: BTC) lower this month — it got dragged behind the pickup truck. After a violent November crypto spill, the stock skidded to $168.11, its lowest level in a year, erasing months of build-up in a matter of weeks.

Bitcoin's Black November Drags MicroStrategy Stock To 52-Week Lows — Oversold Or More Pain Ahead?

Ethereum

The launch lands amid steep drawdowns in bitcoin and ether, adding risk around timing for highly leveraged ETPs.

LeverageShares to debut first 3x bitcoin and ether ETFs in Europe amid retail-led crypto selloff

Bitcoin Magazine Strategy's (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering' Michael Saylor took to X to dismiss concerns about MSCI-driven outflows, emphasizing that Strategy is an operating company with a $500 million software business and a $7.7 billion Bitcoin-backed digital credit program. Strategy's (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering' Micah Zimmerman.

Strategy's (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering'

One of the crypto industry's longtime Republican allies in Congress introduced a bill to allow individuals and businesses to pay taxes in bitcoin BTC$83,292.08 without triggering capital gains liability and also directing the funds to the U.S. Strategic Bitcoin Reserve — providing a new funding mechanism for the federal crypto stockpile that hasn't yet been established.

U.S. House Bill Would Allow Federal Taxes in BTC While Aiding U.S. Reserve

Bitcoin's push into the $73,000–$84,000 reset range tied to Strategy and Blackrock's Ishares Bitcoin Trust (IBIT) is concentrating pressure that could flush out sellers and fortify institutional positioning, according to an expert, setting up a stronger base.

Bitcoin Heading to $73K? Max Pain Point Frames Potential Bottom Within Wider Range

Dogecoin

Bitcoin is starting to recover after sliding to $81,000 earlier Friday, while coins like Ethereum and XRP have fallen harder on the day.

Bitcoin, XRP and Dogecoin Pummeled as Crypto Liquidations Top $2.2 Billion

Bitcoin Magazine Bitcoin Price Flash-Crashes to $80,000 Before Rebounding as Market Stress Nears FTX-Era Levels Bitcoin price plunged to $83,000, hitting FTX-era stress levels, as short-term holders capitulate and market volatility spikes. Bitcoin Price Flash-Crashes to $80,000 Before Rebounding as Market Stress Nears FTX-Era Levels Micah Zimmerman.

Bitcoin Price Flash-Crashes to $80,000 Before Rebounding as Market Stress Nears FTX-Era Levels

Bitcoin (CRYPTO: BTC) has collapsed below all bull market support levels, prompting traders to contemplate whether a bottom will soon be established. What Happened: Crypto trader Pentoshi, who has avoided calling dip buys throughout the correction, says the latest move is different.

Bitcoin Down Over $40,000 From Its Peak: Is Now The Time To Start Buying?

tumbled as much as 6% early Friday, hovering at one point just above its critical $80,000 support level, as investors continued their flight from risk-on assets to more defensive plays.

Bitcoin continues slide that's roiling markets, threatens to break below $80,000

Bitcoin Magazine Bitcoin Price Dip Or New Bear Market? Bitcoin Price Under Pressure as LTHs Distribute: Rising VDD Multiple & Falling Long-Term Holder Supply Show No Capitulation Yet. Bitcoin Price Dip Or New Bear Market? Matt Crosby.

Bitcoin Price Dip Or New Bear Market?

Bitcoin continues its rollercoaster routine with a current price of $83,677 to $84,142 over the last 60 minutes, as the broader crypto market tightens its seatbelt. With a market cap of $1.67 trillion and a jaw-dropping 24-hour trading volume of $143.

Bitcoin Price Watch: Price Rebounds off $80K—A Bottom or a Trap?

Bitcoin BTC$83,292.08 has fallen sharply, dropping over 25% to $83,700 this month, and data suggests some traders are bracing for a further decline.

BTC Traders Brace for Price Crash to $75K; No Bottom Seen: Research Firm

The CoinDesk 20 is currently trading at 2667.21, down 4.0% (-111.91) since 4 p.m. ET on Thursday.

CoinDesk 20 Performance Update: Bitcoin (BTC) Price Falls 3.3% as Index Declines

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies.

Attention Bitcoin Bulls: BTC is Now at Levels Preceding FTX-Era Extremes

Bitcoin BTC$83,292.08 staged a modest rebound in morning U.S. hours Friday after a 10% selloff overnight as the likelihood of a Federal Reserve rate cut in December jumped sharply following dovish remarks from New York Fed President John Williams.

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) breaking below key support levels has sparked debate over whether fundamentals are to blame — but Fundstrat's Tom Lee argues the real culprit is far more mechanical. What Happened: In an interview with CNBC on Thursday, Lee said crypto has been bleeding ever since a massive Oct. 10 liquidation event crippled major market makers and left liquidity dangerously thin.

Tom Lee Says Bitcoin, Ethereum Crash Wasn't Macro But A 'Software Bug'

Bitcoin has plunged around 10% to $82,000 over the past 24 hours, pushing liquidations to around $2 billion. Spot ETFs saw heavy outflows on Thursday, with $903.1 million exiting Bitcoin funds and another $261.6 million flowing out of Ethereum products.

Bitcoin Craters 10% To $82,000 As $2B Liquidations Hit Ethereum, XRP, Dogecoin

Bitcoin and the wider crypto market have dropped sharply, reigniting bitcoin crash fears

Serious Fed Warning Triggers Sudden Bitcoin Price Drop— Sparks Fresh Crash Fears

Crypto Markets Today: Bitcoin, Ether Slide as Liquidity Crisis Fuels Heavy Sell-Off

Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.

Crypto liquidations near $2 billion as bitcoin rout deepens

A leverage-driven crash liquidated nearly $1B in an hour as Bitcoin continued its slide, pushing the total crypto market cap under $3T.

Nearly $1B Liquidated In an Hour as Bitcoin Plunges Below $82K

Bitcoin BTC$83,042.21, the leading cryptocurrency by market value, experienced a brief flash crash at 7:34 UTC on Hyperliquid, plunging from $83,307 to $80,255 within a minute only to bounce back equally fast to $83,000.

News for Bitcoin Crypto (BTC)