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 real estate mogul is on track to raise more than $1.2 billion in a series of funds that invest in both bitcoin and commercial real estate.

Grant Cardone Calls Bitcoin Treasury Companies the New Gold Rush

Amid spiraling global debt and inflation, Coinbase's CEO champions cryptocurrency as essential for financial freedom, with bitcoin poised to become the world's next reserve currency. Economic Turmoil Fuels the Rise of Cryptocurrency as a Global Solution Mounting concerns over global economic instability are putting renewed focus on cryptocurrencies as potential solutions to systemic financial issues.

The World Needs Crypto: Coinbase CEO Says Bitcoin Could Become Global Reserve Currency

Bitcoin's ancient supply has officially outpaced new issuance for the first time, highlighting a significant market shift emphasized in Fidelity Digital Assets' new report. According to Fidelity Digital Assets, the accumulation of bitcoin's ancient supply—coins untouched for over 10 years—has now reached unprecedented levels, surpassing new daily issuance rates.

Fidelity Highlights Bitcoin's Ancient Supply Surge as Dormant Coins Outpace New Issuance

Bitcoin's battle for dominance in safe-haven assets intensifies as government bonds emerge as its fiercest rival, reshaping investor strategies amid easing regulatory hurdles and shifting wealth paradigms.

Bitcoin's Main Rival Is US Treasuries, Not Gold, Says Bitwise CEO

Bitcoin is projected to hit $1 million per coin as Robert Kiyosaki warns of looming economic collapse, positioning the cryptocurrency as the ultimate defense against financial disaster.

Robert Kiyosaki Doubles Down on $1M Bitcoin, Advises What Truly Matters About Owning BTC

After U.S. President Donald Trump announced that the United States had carried out a successful airstrike in Iran, bitcoin's value recoiled, dipping to $100,945 per coin. $40B Gone in Hours: Bitcoin Falters After U.S.

Trump's Iran Strike Sends Shockwaves Through Crypto—Bitcoin Briefly Slips Below $101K

Based on historical data, the ten most heavily stocked bitcoin wallets collectively held over 1.12 million coins in 2023, accounting for approximately 5.66% of the current circulating supply. Jump ahead to the present, and these top ten addresses now control 5.55% of the supply, with a few notable shifts among the highest-ranking holders.

Cold Wallet Kings: The Quiet Powerhouses Behind Bitcoin's Biggest Stashes

The crypto economy has dipped 1.08% in the past 24 hours, pulling back to $3.16 trillion as bearish vibes rippled through the space and bitcoin touched an intraday low of $102,220.

Bitcoin Languishes Below $103K as Global Tensions Rattle Markets

Abbott also passed a companion bill that shelters the strategic Bitcoin reserve, alongside other state funds, from periodic 'fund-sweeps.'

Texas Governor Greg Abbott signs strategic Bitcoin reserve bill into law

A widely followed cryptocurrency analyst says Bitcoin (BTC) could ignite a rally like the one witnessed last cycle if history repeats itself.

Analyst Details Bitcoin Path to a Parabolic Rally, Says BTC Will ‘Significantly Outperform' Stocks if History Repeats Itself

The Czech government has weathered a political storm this week, surviving a no-confidence vote triggered by a $45 million bitcoin payment from a convicted criminal.

Czech Government Survives No-Confidence Vote Over $45M Bitcoin Donation

While bitcoin has held its ground above the $100,000 threshold for 45 straight days, it has experienced a modest dip since June 16, when it peaked at $108,990 per coin. Even with the price slipping into the $103,000 to $105,000 band, a wave of long-dormant wallets from 2017 has stirred to life, unloading 801.

Dormant Bitcoin From 2017 Stirs After 8 Years of Silence—801 BTC Just Moved in 72 Hours

The teen reportedly received $200,000 from a social engineering theft while out on bond, then gambled it all away nine minutes later.

Teen in $245M Bitcoin heist loses bond after new $2M crypto theft, unsealed court docs show

Ethereum

Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer.

What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches?

Bitcoin is trading at $103,891 with a market capitalization of $2.065 trillion. Over the past 24 hours, its trading volume reached $28.02 billion, moving within a narrow intraday range of $102,624 to $106,087. Bitcoin On the daily chart, bitcoin has shown a distinct bearish bias following a rejection from the $112,000 level.

Bitcoin Price Watch: Downtrend Persists Amid Mixed Technical Signals

Cryptocurrency analyst and trader Michaël van de Poppe says Bitcoin (BTC) is showing signs of turning bullish.

Bitcoin Primed To Hit New All-Time High Once BTC Breaks Above This Resistance Level, According to Trader Michaël van de Poppe

The bitcoin price is braced for a Federal Reserve earthquake after Trump renewed his attacks

Bitcoin Suddenly Braced For $37 Trillion Fed Price Earthquake As Trump Suddenly Flips

Kraken has integrated with DeFi protocol Babylon to offer bitcoin staking, enabling users to earn up to 1% APY without surrendering custody of their BTC. Staked bitcoin contributes to securing Babylon's proof-of-stake (PoS) supercharged networks, with rewards paid in BABY tokens.

Kraken Partners With Babylon to Launch BTC Staking With up to 1% APY

Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research's technical analysis model.

Bitcoin Falls Below $104K as Retail Investor Sentiment Returns to Liberation Day Levels

Parataxis Holdings LLC has agreed to invest nearly $18.3 million (KRW 25 billion) in South Korea's Bridge Biotherapeutics, gaining a controlling stake and rebranding the company as Parataxis Korea. Once finalized, the deal will establish the first Bitcoin-native treasury platform in the South Korean public markets, leveraging the digital asset expertise of Parataxis Capital.

Digital Shift: Parataxis Capital Bets on BTC Strategy in Korean Markets

Semler Scientific ignites a bold bitcoin accumulation plan targeting 105,000 BTC by 2027, signaling unstoppable conviction in bitcoin's global monetary revolution.

Semler Scientific Unveils 105K Bitcoin Ambition, Pushing Boundaries of Treasury Strategy

The Bitcoin holdings company's merger partner KindlyMD closed the $51.5 million fundraise with private investors on Friday.

Nakamoto Holdings Rakes in $51.5 Million for Publicly Traded Bitcoin Treasury

Circle skyrockets on stablecoin optimism while Bitcoin treasury firms face valuation challenges in this week's public markets roundup.

Public Keys: Circle and Coinbase Get GENIUS Bump, Bitcoin Treasuries on Shaky Ground?

Analytics firm Santiment is highlighting one metric that usually precedes a rally for Bitcoin (BTC) and other crypto assets. Santiment says the ratio of bullish king crypto sentiment to bearish sentiment from retail traders has reached a two-month low. A low ratio of the metric is “typically a bullish sign,” according to the analytics firm.

This Metric Is Flashing a ‘Typically' Bullish Signal for Bitcoin, According to Crypto Analytics Platform Santiment

Bitcoin Magazine Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy Norway's government will temporarily block the development of new Bitcoin and cryptocurrency mining facilities starting this year, prioritizing energy for other industries. This post Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

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