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.

BitMEX co-founder Arthur Hayes argued in a new research note that the U.S. Treasury's expanded bond buyback program marks the start of a fresh bitcoin bull market, as BTC trades above $80,000 for the second day running.

Arthur Hayes Says Treasury Buybacks Mark “New Bitcoin Bull Run”

Bitcoin (CRYPTO: BTC) trades around $79,000 on Tuesday as discussions continue on whether the sudden 20% surge was mainly driven by short liquidations or mark a durable cycle bottom. Did Three Factors Create “Dry Kindle” for BTC?

Does Bitcoin at $79,000 Mean a Bull Run Has Started? Experts Say 'It's Complicated'

That hurdle is the simple moving average price over the past 50 weeks, currently around $81,087. Historically, reclaiming this level has been one of the clearest signs that a bear market is actually over, not just pausing.

Bitcoin's surging price faces 1 key level that could signal if the bear market is really over

Zcash

Zcash's rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-performance computing, highlighting how quickly the relative value of electricity can change across competing compute markets. This article first appeared in The Energy Mag. The original article can be viewed here.

Zcash Rally Widens Mining Revenue Lead Over Bitcoin and AI HPC

Falling open interest and subdued funding rates suggest the rally remains structurally healthy.

A bitcoin short squeeze for the ages as futures open interest collapses

Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.

Bitcoin extends 7-day advance to roughly 25%

Treasury secretary Scott Bessent could be about to deliver a fresh, $1 trillion boost to the bitcoin price

‘Whatever It Takes'—Market Sent Shock ‘Fear Of God' Warning As Crypto Traders Brace For Massive Bitcoin Price Boom

Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months earlier today, resulting in a $11.6 million profit as bitcoin traded near $81,000. Two Months, One Exit Blockchain analytics platform Lookonchain identified two addresses (0x5FA and 0x237) that may belong to the same trader.

Bitcoin Whale Closes 2-Month Long, Banks $11.6M Profit

Bitcoin (CRYPTO: BTC) reclaimed its top spot as the best-performing asset over the past decade, narrowly edging out Nvidia Corp. (NASDAQ:NVDA). Bitcoin Edged Past Nvidia in 10-Year Gains Mark Harvey, a widely followed Bitcoin investor and analyst, shared a table of major assets and their 10-year returns.

Bitcoin Beats Nvidia to Become Top-Performing Major Asset Over 10 Years as BTC Surges Above $80,000

Bitcoin surged past $81,000, lifting its market cap to $1.62 trillion. The move wiped out $282 million in short positions over 24 hours—representing 62% of all crypto short liquidations. Short Sellers Squeezed for $282 Million in Liquidations Bitcoin continued its rally, breaching $81,000 as optimism grows over a broader bull market.

Bitcoin Price Breaches $81,000 as Bull Market Momentum Builds

Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.

Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000

AI safety researcher Roman Yampolskiy raised concerns on Monday about how advanced AI could threaten Bitcoin's (CRYPTO: BTC) security. Bitcoin's Security at Risk?

Bitcoin Will Become Almost Impossible to Secure in Advanced AI Era, Says Security Researcher: 'Much Harder Environment to Not Get Scammed'

Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncertainty.

Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,' analyst says

Financial analyst Beth Kindig on Monday cited an I/O Fund analysis that projected Bitcoin's (CRYPTO: BTC) long-term price target at $2 million, despite a weak near-term outlook. Still No Conclusive Bottom Signal?

Bitcoin Could 'Eventually' Trade Above $2 Million, Beth Kindig Shares Analysis: End of Current Bear Cycle Could Lead to 'Exceptionally Powerful' Move

Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm, according to Laevitas.

Bitcoin traders place $2.9 million bet on a rapid price jump above $82,000

Tether abandoned a roughly $120 million Bitcoin mining investment in Uruguay after a dispute with the state power company escalated into unpaid bills, an electricity cutoff and layoffs, according to a Reuters investigation. This article first appeared in The Energy Mag. The original article can be viewed here.

Tether's $120M Uruguay Bitcoin Mining Bet Ends in Power Dispute

Solana

BTC is up more than 25% on the week after Treasury's bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.

Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning

Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.

Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace

Bitcoin (CRYPTO: BTC) crossed the $80,000 threshold for the first time in more than three months, driven by optimism around cryptocurrency legislation and market reaction to Treasury buyback plans. Start of a Bull Cycle?

Bitcoin Hits $80,000 for the First Time Since May, Apex Crypto Up 25% in a Week

Dogecoin

Ethereum

Leading cryptocurrencies and adjacent equities climbed on Monday as sustained demand continued to drive the ongoing rally.

Bitcoin Hovers Near $80,000, Ethereum, XRP Spike, but Dogecoin Slips As Crypto Rally Gains Steam: Analyst Spots This New Bullish Signal for BTC

Cypher Tank Returns to Lugano for Second Season following last year's debut.

Cypher Tank Returns to Lugano, Expanding Its Bet on Bitcoin Founders

BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.

Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates

While even the oldest Bitcoiners disagree on what the Bitcoin network and its asset, bitcoin (BTC), are, a new survey showed that the existing knowledge gap among the general public might be turned into a major boost for this market.

The Huge Dormant Wave of New Bitcoin Buyers Doesn't Even Get Bitcoin Yet

Jon Atack, a longtime Bitcoin Core contributor, commented on the declining level of adoption of bitcoin payments in El Salvador. During a lunch in El Zonte, AKA Bitcoin Beach, Atack, who has lived in the zone since 2022, was told his payment was the first made in BTC in a whole month.

Bitcoin Core Dev Warns Bitcoin Payments Vanish at Bitcoin Beach

Ceffu, Binance's institutional custody partner, deposited 136.54 million USDC onto Binance and then withdrew 1,524 BTC and 59,484 ETH worth a combined $263.8 million in a single 30-minute window on Aug. 24. A Familiar Custody Pattern Repeats Onchain sleuths reported that Ceffu deposited 136.54 million USDC into Binance before pulling 1,524 BTC (worth $117.

News for Bitcoin Crypto (BTC)