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 U.S. national debt is set to cross $40 trillion, a mark it was expected to surpass only after Labor Day. The milestone has come faster than any previous trillion-dollar jump in the United States' history. The Fastest Trillion in US History The pace of America's debt accumulation has become a story unto itself.

US Debt Nears $40 Trillion in 5 Months as Bitcoin's Case Gets Louder

The macro fund raised its iShares Bitcoin Trust stake 18.9% to 688,529 shares worth $22.9 million in Q2, while sharply cutting its call options—a shift from leveraged bets toward direct spot exposure.

Paul Tudor Jones' Firm Buys Back Into BlackRock Bitcoin ETF After a Year of Selling

HIVE's BUZZ HPC signed a five-year, $350M GPU cloud deal, adding $70M in ARR, its second large NVIDIA cluster deal in two months.

Bitcoin miner HIVE inks five-year $350 million AI cloud contract, adds $70 million in annualized revenue

The price of bitcoin tracked a bounce in equities, but a $390 million ETF outflow streak and 10% odds on landmark crypto legislation leave markets searching for direction.

Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot

Ethereum

Harvard University left its Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) position unchanged in the second quarter, according to its latest 13F filing released Friday. Harvard Holds Bitcoin ETF Position Steady Harvard Management Co., a wholly owned subsidiary of Harvard University that manages its financial assets, reported holding 3.04 million shares of the iShares Bitcoin Trust ETF (NASDAQ:IBIT) as of June 30.

Harvard Did Not Sell Its Bitcoin ETF Holdings in Q2, Discloses No New Ethereum ETF Stake

A flaw in an order-tracking plug-in of bitcoin wallet provider SafePal exposed names, addresses and phone numbers of nearly 40,000 customers.

SafePal Bitcoin Wallet Data Breach Stokes Fears of Physical Attacks

Consumer confidence is sitting near its weakest levels in a decade even as U.S. stocks notch record highs, and Glassnode says bitcoin is being left out of the rotation entirely. A Confidence Paradox Consumer confidence remains, in Glassnode's words, “among the weakest readings of the past decade,” even after two consecutive months of improvement.

Glassnode: Consumer Confidence Sinks as AI Stocks Soar, Bitcoin Left Behind

US spot ETFs took in more than 14,000 BTC in five days and Q3 flows have flipped positive, ARP Digital's Yusuf Fakhro says, fresh demand landing in the thinnest, most sold-out market in years.

Live updates: Bitcoin flat near $63,500, but the flows have quietly turned

Binance (CRYPTO: BNB) founder Changpeng “CZ” Zhao estimated on Saturday that 10–20% of all Bitcoin (CRYPTO: BTC) that have already been mined are effectively gone forever. Permanetly Lost BTC?

Crypto Billionaire Changpeng Zhao Estimates 2-4 Million Bitcoin Gone Forever, Calls BTC a 'Deflationary Asset'

The market may be facing a dangerous liquidity mismatch as futures open interest outpaces trading volume by a significant margin.

The bitcoin futures market has a 'crowded club, tiny exit' problem – and it could cause pain

Veteran investor Ross Gerber questioned on Sunday whether Bitcoin (CRYPTO: BTC) has everyday practicality despite the “endless promises of its use cases.” Does Bitcoin Have Utility?

Ross Gerber Questions Bitcoin's Everyday Use Despite 'Endless Promise' Of Its Utility: Tesla Investor Says Haven't Sold Any BTC Unlike Michael Saylor

Dogecoin

Leading cryptocurrencies gained overnight on Sunday while markets digested the continuing U.S.–Iran impasse over ending the war. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin, Ethereum, Dogecoin Gain, XRP Dips as Crypto Remains in 'Fear'—Analyst Says BTC in 'End Stage' of Bear Market

Strategy CEO Phong Le expects regulatory action, expanding bank participation, and digital financial products to bring more activity to subdued bitcoin markets, while political and economic developments could add further momentum during the fall.

Strategy CEO Sees 7 Fall Catalysts Bringing Bitcoin More Life

Bitcoin developer Peter Todd's proposal to give miners a permanent stream of new bitcoin has triggered a fresh backlash from users who see the 21 million supply limit as the asset's most important promise. The fuse was lit when Bitcoin++ posted Todd's July 23 Toronto talk, “Tail Emissions and Demurrage,” on Aug. 14.

Peter Todd's Tail Emissions Pitch Sparks Bitcoin Inflation Debate

World Gold Council CEO David Tait says bitcoin is headed for zero because the supposed hedge keeps showing up as high-beta risk when markets turn ugly. Tait made the call in a Consensus Miami interview with David Lin, posted on Youtube later that month, and has recently gone viral on social media.

World Gold Council CEO Blasts Bitcoin, Predicts It Goes to Zero

Billionaire investor Mark Cuban once challenged comedian Bill Maher's belief that gold was a superior hedge to Bitcoin (CRYPTO: BTC), only to concede years later that the apex cryptocurrency wasn't the hedge he expected it to be. When Cuban Made the Bull Case for Bitcoin During the Club Randon Podcast dated Dec. 29, 2022, Maher said he's anti-Bitcoin and prefers holding gold, which he considered a “hedge against everything else.

Mark Cuban Once Told Bill Maher He'd Be ‘Dumb' to Choose Gold Over Bitcoin — Less Than Four Years Later, the 'Shark Tank' Star Has Dumped Most of His BTC

Michael Saylor said Strategy's STRC preferred stock gained 9% over one year while bitcoin lost 47%. The chart leaves out the company's common stock, which closed roughly 76% below its level a year earlier.

Saylor: Bitcoin Drops 47% While Strategy's STRC Gains 9% in a Year

Financial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.

The 'long bitcoin, short the bankers' era is officially over as TradFi giants embrace digital assets

Strategy is selling Bitcoin and building cash as its MSTR premium weakens. Can Michael Saylor's Bitcoin flywheel start spinning again?

Strategy's Bitcoin Flywheel Is Running Backwards — Can It Recover?

The foundation of the crypto market structure continues to firm as Q2 13F filings show banks increasing their crypto-linked ETF holdings.

Wall Street Eyes Bitcoin Bottom as SEC, CFTC Push Ahead Despite CLARITY Delay

Three months ago, we examined how public bitcoin miners were beginning to dismantle or repurpose mining fleets for AI and high-performance computing infrastructure. This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag.

Public Miners Shed 21% of Bitcoin Hashrate as AI Revenue Accelerates

Bitcoin has already produced about 20.07 million BTC since it launched in January 2009. At block height 962570, roughly 929,465 bitcoin remain under the 21 million cap, but they will not hit the market anytime soon. The easy years of new bitcoin issuance are long over.

Bitcoin's Final 929,465 BTC Will Take More Than a Century to Mine

U.S. traders could gain access to bitcoin and ether funds designed to deliver three times each asset's daily performance under a Cboe proposal covering six leveraged commodity products. The SEC initially has 45 days from Federal Register publication to approve, reject, or begin proceedings.

SEC Reviews Cboe Bid to List 3x Bitcoin and Ether ETFs

Strategy Executive Chairman Michael Saylor argues bitcoin can preserve and transfer economic value more efficiently than gold or fiat currency, framing the cryptocurrency as a technological upgrade to money itself. His thesis places proof of work, fixed supply, digital ownership, and financial infrastructure at the center of bitcoin's potential role as a long-term monetary foundation.

Michael Saylor Frames Bitcoin as an Engineering Solution for Money

Two of Abu Dhabi's biggest sovereign investment vehicles sat through a roughly $118 million hit to their Blackrock spot bitcoin exchange-traded fund (ETF) positions in the second quarter and did not cut a single net share, leaving nearly $764 million riding on IBIT when June ended.

News for Bitcoin Crypto (BTC)