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.

Publicly traded crypto firms including Bitcoin miners saw substantial market cap gains in January, outpacing the crypto market itself.

Bitcoin Miners and Other Public Crypto Firms Are Beating the Market: JP Morgan

Dogecoin

Ethereum

Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.

Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: 'Final Move Down Before The Recovery,' Trader Says

The Japanese hotel and investment firm Metaplanet witnessed its stock explode by a staggering 3,575% in the past year as it launched an aggressive Bitcoin (BTC) accumulation strategy. Metaplanet gobbled up 1,762 BTC last year and became “the best-performing stock worldwide,” according to a recent company earnings presentation.

Japanese Stock Metaplanet Explodes 3,575% in a Year Amid Bitcoin (BTC) Accumulation

Meme coins continue to draw attention in the cryptocurrency market, but SkyBridge Capital founder Anthony Scaramucci believes their speculative nature could have negative consequences. What Happened: In an interview with CNBC on Tuesday, Scaramucci cautioned that the frenzy surrounding meme coins risks distorting perceptions of Bitcoin, making some investors question its legitimacy as an asset.

Anthony Scaramucci Warns Meme Coins Create Market Contagion, Fuel Bitcoin Skepticism

Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities.

Japanese Game Firm to Allocate $6.58 Million for Bitcoin Acquisition

The UK landfill where $777,323,760 worth of Bitcoin (BTC) is presumed to have been dumped is reportedly set to close by next year.

UK Landfill Site Thought To Contain $777,323,760 Worth of Bitcoin (BTC) Set To Close by Next Year: Report

Solana

The cryptocurrency market saw Layer-1 blockchain market capitalizations rise by 6% in January 2025, despite mixed performance across different segments of the industry, according to a report by J.P. Morgan (NYSE:JPM).

Bitcoin, Solana Rise In January, But Ethereum Lagging: JPMorgan

It's a "surreal quest to uncover a potential plot by a group of Silicon Valley power brokers to undermine democracy," said its executive producer.

There's a New Documentary About Bitcoin Inventor Satoshi Nakamoto

Fold's Bitcoin Rewards Credit Card is the latest addition to the company's suite of Bitcoin-focused financial products.

Fold Launches Bitcoin Rewards Credit Card

Twelve years after throwing away his hard drive that contained 8,000 Bitcoin, James Howells is looking to buy the dump he believes it's in.

Man ‘Extremely Serious' About Buying Landfill Where His $774 Million Bitcoin Is Lost

A Solo Bitcoin miner has successfully mined block 883,181, securing a reward of 3.125 Bitcoin, valued at over $300,000.

Solo Miner Hits Jackpot With $300K Bitcoin Block Reward

Cautious market sentiment and a broader pullback in crypto activity appear to be stalling bitcoin's price over the past 24 hours. Trading Volume Slump Keeps Bitcoin Below $97K Threshold Bitcoin (BTC) is currently trading at $96,985.60, showing a slight 0.48% decline over the past 24 hours and a 3.37% drop over the past week.

Bitcoin Struggles Below $97K as Trading Volume Declines

More high-net-worth investors are jumping into Bitcoin (BTC) and digital assets, according to an industry insider. In a new interview with CNBC, Michael Sonnenfeldt says digital currencies are “really exciting” for members of his organization. Michael Sonnenfeldt is the founder and chairman of Tiger 21, a peer advisory organization for high-net-worth entrepreneurs, investors and executives.

Mega-Rich Betting on Cryptocurrencies As Bitcoin Takes New Role As Inflation Hedge, According to Insider

Crypto analyst Miles Deutscher argues that the four-year crypto cycle is obsolete, replaced by a new market structure shaped by Bitcoin (CRYPTO: BTC) ETFs and macroeconomic trends. What Happened: In a post on X on Monday, Deutscher stated that the traditional 4-year crypto cycle is no longer relevant due to two major shifts.

The Bitcoin 4-Year Cycle Is Dead, Analyst Says: 'Adapt Or Die'

The company now holds a total of 610.3 BTC, worth nearly $60 million at current prices, acquired at an average price of $98,312 per bitcoin.

KULR acquires another 100 bitcoin for $10 million as its total holdings reach 610 BTC

Poland's central bank has ruled out adding Bitcoin (CRYPTO: BTC) to its reserves, with Governor Adam Glapiński stating that the National Bank of Poland (NBP) will not consider holding the cryptocurrency “under any circumstances.” What Happened: His comments come as other countries, including the Czech Republic and the United States, explore the possibility of incorporating Bitcoin into their financial systems, Decrypt reported.

Poland Rejects Bitcoin Reserves As Czech Republic And US Explore Crypto Holdings

Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.

KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield

Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb.

Bitcoin and Ether ETFs Experience Capital Losses of Over $200 Million in Combined Outflows

Elon Musk has backed bitcoin hero Ron Paul for Fed chair—author of 2009 book End The Fed

The End Of The Fed?—Trump And Musk Attack As Gold And The Bitcoin Price Soar

Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.

Hong Kong Confirms Bitcoin, Ether Can be Used to Prove Wealth For Investment Visa

Berkshire Hathaway Chairman Warren Buffett has been a legendary figure in investment circles for over half a century, and his stock picks are keenly watched by both experienced and rookie players. However, the “Oracle of Omaha” has remained steadfast in his opposition to cryptocurrencies and related investments, even though some of them may have outperformed the hottest equities in his portfolio.

Apple Vs IBIT Bitcoin ETF: One Is Warren Buffett's Berkshire Hathaway's Biggest Holding, The Other Gives Exposure To A Crypto He Vehemently Dislikes, Which Has Generated Better Yearly Returns?

Cardano

Cardano's ADA is trading higher, buoyed by Grayscale's recent spot ETF application, while bitcoin (BTC) remains rangebound in a lackluster crypto market as we gear up for Federal Reserve Chair Jerome Powell's testimony to Congress.

Crypto Daybook Americas: ADA Rallies, BTC Looks to Powell's Testimony on Capitol Hill

“You can buy a lot and gain a lot, as well as lose a lot,” a bank official said. “However, we prefer something certain.

Poland Central Bank Will Not Buy Bitcoin 'Under Any Circumstances'

An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears to be in the midst of a corrective wave two within a five-wave rally.

Crypto Trader Predicts Final Drawdown for Bitcoin Before Igniting ‘The Most Aggressive Move' of the Bull Market

Bitcoin is holding above $95,000 despite heavy selling pressure, briefly dipping to $94,726 on Feb. 9 before recovering.

News for Bitcoin Crypto (BTC)