0-0.001 BTC

0.001-0.01 BTC

0.01-0.1 BTC

0.1-1 BTC

>1 BTC

Addresses by Holdings

Total active

Zero balance

Daily Active Addresses

Price

Number of Transactions

Transactions

Total Volume

Volume

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.

The world's largest crypto is bouncing after tumbling below $53,000 at one point last Friday.

Bitcoin Retakes $57K, but Potential Positive Catalysts Are 'Sparse,' Says NYDIG

Spot bitcoin ETF advocate pushes back against idea that the new funds are failing to interest financial advisors in a significant way.

Bitwise CIO says advisors adopting bitcoin ETFs ‘faster' than any other exchange-traded fund in history

Dogecoin

Ethereum

Cryptocurrency markets are trading higher despite digital asset investment products experiencing significant outflows last week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $56,982.53 +4.8% Ethereum (CRYPTO: ETH) $2,350.11 +3.4% Solana (CRYPTO: SOL) $134.32 +4.2% Dogecoin (CRYPTO: DOGE) $0.1036 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00001362 +5% Notable Statistics: IntoTheBlock data shows a 19.4% increase in Bitcoin's large transaction volume and a 4.5% drop in daily active addresses.

Bitcoin, Ethereum, Dogecoin Resume Uptrend: 'BTC Needs To Stay Above $55,850 For The Rest Of The Week,' Trader Says

An analyst who nailed the pre-halving Bitcoin correction believes BTC and crypto are close to witnessing either a bounce or a sustained reversal. Pseudonymous analyst Rekt Capital tells his 499,300 followers on the social media platform X that Bitcoin and crypto have been seeing strong selling pressure as of late.

Crypto Strategist Says Seller Exhaustion in Sight for Bitcoin, Predicts Subsequent Price Rebound for BTC

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September.

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

MicroStrategy holds more than 1% of the Bitcoin supply—and co-founder Michael Saylor sees enormous gains ahead for the asset.

MicroStrategy's Michael Saylor Predicts Bitcoin Price Will Rise to $13 Million

On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million.

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer

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

The Daily: Friend.Tech team renounces control, Bernstein's Trump vs. Harris bitcoin price prediction, DRiP raises $8 million and more

Crypto funds saw their biggest weekly outflows since March last week, CoinShares reported, with Bitcoin ETFs leading the bleeding.

Bitcoin ETF Buzz Cools as Investors Pull $726 Million From Crypto Funds

The outcome of the 2024 election could have a significant impact on Bitcoin's (CRYPTO: BTC) price, with drastically different scenarios depending on whether Donald Trump or Kamala Harris emerges victorious, according to a Bernstein report. What Happened: A Trump victory could propel Bitcoin to new heights, potentially reaching $80,000 to $90,000 by the end of Q4, The Block reported, citing Bernstein's analysis.

Donald Trump Winning The Election Could Propel Bitcoin To $90K, But A Kamala Harris Win Could Tank BTC To $40K: Bernstein

Bitcoin Magazine Pro launches The Bitcoin Report, a monthly digest offering key insights into Bitcoin trends. From on-chain analysis to price forecasts, it's a must-read for investors. The inaugural August edition is free to download.

Introducing The Bitcoin Report: A New Monthly Digest from Bitcoin Magazine Pro

A look at the scalability limits of rollups, and the choices in making decisions regarding maximizing it.

Bitcoin Rollups - The Rock Or The Hard Place?

Democratic candidate Kamala Harris has yet to share her crypto stance as Republican challenger Donald Trump makes the case for Bitcoin.

Kamala Harris Releases Policy Positions, But Bitcoin and Crypto Are MIA

MicroStrategy‘s (NASDAQ:MSTR) bold Bitcoin (CRYPTO: BTC) investment strategy has outperformed every company in the S&P 500, according to the company's Executive Chairman, Michael Saylor . What Happened: Speaking with CNBC, Saylor said the success of the firm's Bitcoin-focused approach has significantly outpaced the broader market since its inception in 2020.

MicroStrategy's Bitcoin Strategy Has Outperformed Every S&P 500 Company And Even Nvidia Since 2020, Says Michael Saylor

Digital asset investment products experienced substantial outflows totaling $726 million last week, matching the largest recorded outflow set in March this year. What Happened: This shift in investor sentiment comes amid uncertainty surrounding potential Federal Reserve interest rate cuts and highlights the volatile nature of the cryptocurrency market.

Bitcoin ETFs Bled $643M In Outflows Last Week, Ethereum $98M, Analysis Shows

Technical analyst Benjamin Cowen provided an update on Bitcoin's (CRYPTO: BTC) bull market support band, suggesting that despite recent price drops, the cryptocurrency may not have reached its peak yet. What Happened: In his latest podcast update, Cowen noted that as of Sep. 9, the 20-week simple moving average (SMA) is around $62,500, while the 21-week exponential moving average (EMA) is just north of $60,000.

Bitcoin Hasn't Peak Yet, But There's A Key Difference To The 2023 Fall Uptrend, Veteran Analyst Says

Short-term holders (STHs) of Bitcoin are feeling pain as BTC falls in price, creating the potential for heightened volatility, according to analytics firm Glassnode. In a new report, Glassnode says that the short-term holder cohort is “heavily underwater” in their positions.

Bitcoin Short-Term Holders Feeling the Stress As Correction Brings Positions Underwater: Glassnode

Bitcoin lost over 8% of its value during the week, falling below $54,000 on Sept. 6 having traded around $59,000 on Sept.

Crypto Fund Outflows Were Most Since March Last Week as Bitcoin ETFs Bled

A subsidiary of the Tokyo Electric Power Company (Tepco), Agile Energy X, is pioneering a project aimed at harnessing wasted solar energy for Bitcoin mining.

Tepco Subsidiary Explores Bitcoin Mining to Utilize Wasted Renewable Energy

Macro analyst Jim Bianco once again warned that Bitcoin (CRYPTO: BTC) ETFs are “not an adoption vehicle,” arguing that most inflows into ETFs have come from established rather than new market participants. What Happened: Bianco's analysis on social media platform X shows that total assets in all spot Bitcoin ETFs have declined to $46 billion, down from a June peak of $62 billion.

Bitcoin ETFs Are 'Not An Adoption Vehicle' With Holders On $2B Unrealized Losses, Analyst Says

Julian Bittel, Head of Macro Research at Global Macro Investor, has drawn attention to a striking similarity between Bitcoin's (CRYPTO: BTC) current price structure and its behaviour in 2019, which could signal a major market move soon. What Happened: Bittel said on Saturday that Bitcoin's price structure is “starting to look eerily similar to 2019,” making it “almost a perfect fractal of what we saw back then.

This Bitcoin Week Is 'Incredibly Important To Watch,' Analyst Says: Why A 2019 Déja-Vu May Be On The Cards

Proof of Workforce Foundation and Careers In Government have teamed up to integrate Bitcoin into public sector employment practices, revolutionizing compensation and financial literacy.

Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs

Stablecoin issuer Tether (CRYPTO: USDT) on Monday announced its first venture into the agricultural sector by acquiring a 9.8% stake in Adecoagro, a Latin American agricultural leader. What Happened: The $100 million investment was funded by Tether's working capital, giving the company ownership of over 10 million shares of Adecoagro.

Tether Invests $100M In Agricultural Giant Adecoagro, Expands Beyond Bitcoin Mining, AI Investments

New studies reveal that bitcoin mining can be sustainable and even reduce carbon emissions, challenging the common narrative of its negative environmental impact.

New Research Shows Bitcoin Mining Cuts Carbon Emissions

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin's price saw a short-term recovery, rising from a low of $53,636 on September 8 to $55,614.

News for Bitcoin Crypto (BTC)