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.

Ethereum

The U.S. federal government shut down at midnight, sending leading cryptocurrencies lower and raising concerns about the market's short-term outlook. Shutdown Shakes Cryptos, Stocks The shutdown, the first since 2018-19, could halt some government services temporarily and furlough hundreds of thousands of federal workers.

Government Shutdowns Have Meant Crypto Bloodbaths: Bad News Ahead For Bitcoin, Ethereum?

Swiss digital asset bank Sygnum has launched a new investment vehicle designed to generate yield on Bitcoin without reducing investors' exposure to its price movements.

Swiss Bank Sygnum Unveils Bitcoin Yield Fund as BTC DeFi Demand Grows

A Chinese national has been convicted in the UK for masterminding a fraudulent crypto scheme that defrauded more than 128,000 victims of over 61,000 bitcoins.

UK Convicts Chinese Mastermind in Largest Bitcoin Seizure Case

Dogecoin

Leading cryptocurrencies mirrored stock futures' decline on Tuesday as investors weighed the potential impact of an impending government shutdown. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, Dogecoin, XRP Drop Ahead Of Midnight Government Shutdown: Analyst Says We'll Be 'Trending Upwards' In Few Days

Bitcoin Magazine FOMC Rate Cuts Loom as Bitcoin Holds Above $109,500 EMA Bitcoin's bearish weekly chart faces pressure as investors await FOMC rate cut signals, with $109,500 support critical for bulls to defend. FOMC Rate Cuts Loom as Bitcoin Holds Above $109,500 EMA Ethan Greene - Feral Analysis.

FOMC Rate Cuts Loom as Bitcoin Holds Above $109,500 EMA

A new ETF tracks the performance of Nvidia, Tesla, Apple, and Bitcoin.

'$1 Trillion Club' ETF Gives Investors Exposure to Tech Giants—And Bitcoin

Bitcoin is making a move towards $115K, enough to push the crypto market into green territory for the month. Here's what the charts are saying.

Bitcoin Rally Pushes Crypto Into Green for September, But Alts Are Lagging: Analysis

Bitcoin Magazine Why Michael Saylor Is Building Toward a Trillion-Dollar Bitcoin Balance Sheet Michael Saylor has never shied away from grand visions, but his latest roadmap Strategy's Bitcoin strategy may be his boldest yet.

Why Michael Saylor Is Building Toward a Trillion-Dollar Bitcoin Balance Sheet

Bitcoin traded mostly sideways on Tuesday ahead of a looming U.S. government shutdown. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,855.93 Ethereum (CRYPTO: ETH) $4,120.61 Solana (CRYPTO: SOL) $207.94 XRP (CRYPTO: XRP) $2.84 Dogecoin (CRYPTO: DOGE) $0.2306 Shiba Inu (CRYPTO: SHIB) $0.00001168 Notable Statistics: Coinglass data shows 152,984 traders were liquidated in the past 24 hours for $416.12 million.

Bitcoin, Ethereum, XRP, Dogecoin Tread Water As Shutdown Looks Inevitable

The bounce in crypto markets mostly stalled on Tuesday with the U.S. government on track to shut down at midnight Eastern time.

Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms

The U.S. Federal government will shut down at midnight if Republicans and Democrats are unable to agree on a budget. BTC Dips Under Shadow of U.S. Government Impasse U.S.

Bitcoin Stumbles as US Government Shutdown Looms

Kentucky Sen. Brandon Smith faces two lawsuits over his Bitcoin mining firm, accused of misrepresentation and breach of contract.

Kentucky State Senator Sued Over Bitcoin Mining Business

"Uptober" has become a crypto meme due to Bitcoin's historically strong performance in October, but experts warn that there's more to it.

'Uptober' Is Nearly Upon Us—Here's What It Means for Bitcoin

Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral.

Coinbase's Bitcoin-Backed Loans Surpass $1B as Exchange Prepares to Lift Borrowing Cap

Bitcoin (CRYPTO: BTC) may soon make a significant move, following a historic gold rally that has seen the commodity surge above $3,800. What Happened: Prominent analyst Kevin noted in his exclusive Patreon group that Bitcoin has reclaimed its higher-low, lower-high structure after bouncing from the weekly bull market support band, reinforcing the chance of a reversal.

What Gold's Historic Rally Means For Bitcoin's Next Move

Bitcoin Magazine Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments Billionaire venture capitalist Tim Draper thinks that one day retailers will only accept bitcoin as a payment. Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments Micah Zimmerman.

Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments

Bitcoin and ether ETFs roared back on Monday with more than $1 billion in combined inflows. Bitcoin added $522 million, while ether funds drew $547 million.

Bitcoin and Ether ETFs Bounce Back With Over $1 Billion in Inflows

This marks the world's largest-ever cryptocurrency seizure by law enforcement.

Record-Shattering $6.7 Billion Bitcoin Seizure Follows Conviction In UK

Bitcoin Magazine AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital AsiaStrategy, a Hong Kong-based institutional digital asset firm, has partnered with Anchorage Digital and started to buy bitcoin. AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital Micah Zimmerman.

AsiaStrategy Buys 30 Bitcoin in Aggressive Treasury Push, Partners with Anchorage Digital

Bitcoin (CRYPTO: BTC) is trading sideways around the $113,00 mark on Tuesday as Glassnode's weekly report highlighted weakening momentum and growing profitability stress across the market. Bitcoin Momentum Falters As RSI Signals Weakness Glassnode noted that Bitcoin traded above the cost basis of short-term holders, but the RSI fell sharply to 34.6, showing fading upside energy.

Bitcoin's Momentum Falters — What You Need To Watch Next

Bitcoin Magazine ‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million Eric Trump said that crypto is set to revolutionize finance, calling bitcoin “digital gold." He predicted it could eventually hit $1 million. ‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million Micah Zimmerman.

‘The Floodgates Are Opening': Eric Trump Sees Bitcoin Hitting $1 Million

Bitcoin (CRYPTO: BTC) is hovering around $113,000 as analysts expect the crypto king to stage a dominance rebound in the upcoming month. What Happened: Crypto analyst Benjamin Cowen expects Bitcoin dominance to surge in October, marking the start of a "final rotation" back into BTC ahead of the next altcoin rally.

Bitcoin At $113,000 Waiting For 'Final Rotiation' As Analyst Forcasts One Last Dominance Push

The leader of a fraudulent bitcoin (BTC) operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam.

Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam

Bitcoin Magazine Templar Launches Native Bitcoin Lending Without Intermediaries Templar Protocol has launched its mainnet, introducing the first "Cypher Lending" protocol that allows Bitcoin holders to borrow stablecoins against their native BTC without intermediaries or KYC requirements. Templar Launches Native Bitcoin Lending Without Intermediaries Vivek Sen.

Templar Launches Native Bitcoin Lending Without Intermediaries

On Tuesday, a bitcoin wallet reportedly tied to Tether—the heavyweight of stablecoin issuers—stacked 8,888.8888888 BTC, a tidy haul worth just over $1 billion. Lucky Eights? Tether-Linked Wallet Adds 8,888.8888888 BTC in Billion-Dollar Transfer Onchain sleuths spotted something curious at block height 917053, where Bitfinex's hot wallet pushed 8,888.

News for Bitcoin Crypto (BTC)