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.

Market watchers say sudden sharp price spikes and forced short liquidations are the classic signs of a bottom, though macro risks still remain.

Analysts split on whether Bitcoin's surge past key levels signals a new bull run

Bitcoin BTC$77,415.96 heads into Friday's U.S. session having hit its highest level since May as the U.S. Treasury's bond-buyback plan continues to fuel appetite for risk.

Bitcoin faces $80,000 test as thinner weekend liquidity looms

U.S. spot bitcoin ETF flows have also rebounded, while Strategy's bitcoin holdings are now back above their average purchase price.

Bitcoin surge toward $80K points to liquidity-driven momentum shift as ETF flows rebound: Bernstein

BTC has gained 24% since Monday and reached the level implied by its inverse head-and-shoulders break, with shorts still taking a contrarian position.

Bitcoin tops $77,000 as best week since 2023 pulls altcoins along for the ride

Bitcoin surpassed $79,000, boosting market cap past $1.55 trillion and pushing the broader crypto market to $2.65 trillion amid growing fears over $40 trillion in U.S. national debt. Short Sellers Squeezed as Liquidations Top $1B Bitcoin breached $79,000 Friday morning, pushing its dollar gains since Aug. 17 past $15,000.

$1.2B Wiped out: Bitcoin Squeeze Returns Strategy to Profit

Vaneck's head of digital assets research, Matthew Sigel, says his year-ahead bitcoin target and his 2029 cycle-peak call haven't moved. Bitcoin is currently surging and has cleanly broken past the all-important $75,000 psychological threshold.

Bitcoin Approaches $80,000 as Vaneck's Sigel Sees $100,000 Target by 2027

The rally in hard assets isn't necessarily about what the Treasury is doing, but what its move signals to the market.

Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing.

Strategy's common stock rose 7% in Friday pre-market trading to $120, the highest level in two months.

Strategy sits on $1.4 billion profit on bitcoin holdings as price surges

Bitcoin rose above $75,000 early Friday and is on track for a weekly gain of 20%.

Bitcoin on track for 20% weekly gain as investor optimism floods back

VanEck's Head of Digital Asset Research Matthew Sigel reiterated on Thursday his $100,000 Bitcoin (CRYPTO: BTC) price target for 2027, adding that $500,000 by 2029 is also plausible if the cycle “plays out as usual.” Sigel Says BTC Surge Tied to Treasury Moves During an interview with CNBC, Sigel said that Bitcoin's ongoing surge is not linked to the CLARITY Act, but entirely linked to the Treasury Department's announcement that it would double its long-term bond buybacks.

Bitcoin Can 'Hit' $500,000 by 2029, Says VanEck's Matthew Sigel Provided the Cycle 'Plays Out as Usual'

Ethereum

Spot bitcoin ETFs pulled in $606 million on Aug. 20 and ether funds $221 million, both bigger than the prior day, confirming the institutional bid behind bitcoin's run.

Live updates: Bitcoin, ether ETFs pull in $800 million as inflows surge for a second day

Solana

The two-day short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021.

Bitcoin, ether and solana climb as another $1 billion shorts get wiped out

Shawn Young, chief analyst at MEXC Research, said that the crypto market is giving Treasury's intervention 'more credit than it deserves.'

Bitcoin breaks through $75,500 while analyst calls current rally ‘premature'

Bitcoin reclaimed the $75,000 level for the first time since late May in late U.S. Thursday evening trading.

Bitcoin pushes past $75,000 as rally continues.

Dogecoin

Leading cryptocurrencies extended their winning rally on Thursday as markets digested a White House summit favorable to digital assets. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.

Bitcoin Hits $74,000, Ethereum, XRP, Dogecoin Also Advance After Trump-Hosted Crypto Summit: Analyst Says BTC's 'First Real Test' Will Start Here

As there's no single best bitcoin hardware wallet, only different features and trade-offs, their manufacturers also vary in how they have supported their customers following the Coldcard crisis. Fast, clear, and helpful communication might be the factor that protects your funds during similar emergencies. Bitcoin.

How Bitcoin Hardware Wallets Supported Users During the Coldcard Crisis

While Bitcoin may not be "out of the woods" just yet, Macro expert Lyn Alden thinks new buyers could be entering the market soon.

Bitcoin Could Attract More Buyers As Fast Money Is Washed Out, Says Lyn Alden

FOSS rests on four essential freedoms defined by the Free Software Foundation and the Open Source Initiative's ten criteria. Licenses that withhold commercial rights, such as MIT plus Commons Clause, shrink the reviewer pool and shift the burden back onto the vendor.

Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives

Bitcoin's surge above $72,000 wiped out billions in bearish bets, but analysts say fresh buying will be needed to keep the rally going.

What's Next for Bitcoin After Historic Rally? Experts Weigh In

A $10 million reward is being offered by the feds for information on the defendants.

Iranian Hacking Crew Charged in Sprawling Theft Case — Including $6M Bitcoin Ransom

Bitcoin prices continued to climb on Thursday, August 20, rising to their highest level since roughly June 1 as several factors drove gains.

Bitcoin Rallies To Highest Since Early June

Bitcoin and major cryptocurrencies extended their rally amid optimism surrounding the White House crypto meeting.

Bitcoin Hits $72,000 as Ethereum Jumps 11%, XRP, Dogecoin Spike 10%

U.S. spot bitcoin ETFs drew $517.19 million on Wednesday, their strongest daily inflow since May 4, as bitcoin climbed above $70,000. Ether funds also surged with $189.15 million in net inflows, while XRP and solana ETFs finished higher.

Bitcoin, Ether ETFs Pull In $706 Million as Crypto Demand Surges

Bitcoin's sharpest rally in five months flipped prediction-market odds from bearish to a coin flip—but the longer-term bets still price in a crash.

Bitcoin Is Pumping But Prediction Market Traders Aren't Convinced

Peter Schiff, a known bitcoin critic, argued that the bitcoin rally was fake, a result of investors rushing to position liquidity as the Treasury buybacks announcement caught markets by surprise. Paradoxically, he recommended investing in gold for the same reasons.

News for Bitcoin Crypto (BTC)