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 token's steepest daily and weekly gains in months rode Bitcoin's record liquidation wave—though ETF flows and futures data hint the move is running on borrowed momentum.

XRP Notches Best Week Since 2024 Election Pump on Bitcoin Short Squeeze

Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin's unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting.

Bitcoin Hits $72,850 as Traders Lose $650M in Shorts

Investors have been buying shares in the American funds this week.

Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish

Seventeen alleged members of Iran-based Mabna Institute were charged over hacks targeting hundreds of universities, companies, and government agencies.

Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Massive Cyber Campaign

Analysts say the move is supported by spot and ETF demand, though BTC will need to hold above $70k to show the rally can outlast the squeeze.

Bitcoin's rally pushes past $72,000 as analysts see demand beyond historic short squeeze

Prominent analyst Doctor Profit on Thursday declared Bitcoin (CRYPTO: BTC) being in the early stage of a bull market and set $82,000 as the target that fully confirms the shift. What Doctor Profit Said About the Market Shift Doctor Profit posted on X that Bitcoin crushed four to five entire bear market resistance zones in a single day, including the Bear Market Resistance Bands he had long predicted would eventually break.

Bitcoin Cracks $72,000 Enters 'the Early Stage Of the Bull Market' With $82,000 Target, Analyst Says

Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin's next rally closer.

Treasury buybacks could set up Bitcoin's next move toward $180,000, says strategist

Bitcoin punched above $72,000 Thursday, extending a two-day squeeze that's wiped out the most short positions on record and mounted the first real challenge to a bearish chart that's held since November.

Bitcoin Hits Highest Price Since June as $3 Billion in Shorts Liquidated

Coinbase CEO Brian Armstrong has said that it's “very likely” Bitcoin will hit between $300,000 to $400,000 by 2030. Speaking on Fox Business Thursday, the crypto entrepreneur also said that the U.S. was moving in the right direction with crypto legislation following a meeting at the White House.

Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030

Strategy has published updated explanations of MSTR and five preferred securities, showing how each divides bitcoin-linked corporate risk, dividend rights, and capital priority without granting investors direct ownership of the company's bitcoin. Strategy Separates Equity From Preferred Income Strategy Inc. (Nasdaq: MSTR) announced Aug.

Strategy Breaks Down 6 Securities Built Around Its Bitcoin

Bitcoin's improving momentum could produce a golden cross, but the rally still faces an important test.

Bitcoin's jump above $71,000 sets up bullish golden cross pattern

Peter Schiff on Thursday called Bitcoin's (CRYPTO: BTC) surge above $72,000 a fakeout, arguing gold is the real trade while Bitcoin surged 10% against gold's 4% over the past 24 hours. What Did Peter Schiff Say About Bitcoin's Rally Above $72,000?

'Sell Bitcoin, Buy Gold,' Says Peter Schiff: Bitcoin's Rally Is a 'Fakeout, Not a Breakout'

With bitcoin ripping to a weekly high of $72,400, vintage coins are suddenly crawling out of cold storage at a relentless pace. Over the last 24 hours, 1,314.41 BTC moved from long-sleeping bitcoin wallets carrying a combined value of $94 million. Approximately 1,214.

11-Year-Old Dormant Bitcoin Wallets Move 1,214 BTC Worth $86M in 24 Hours

Bitcoin (CRYPTO: BTC) is up over 20% from its lows below $60,000, but a prominent crypto analyst on Wednesday cautioned that similar rallies in previous bear markets ultimately gave way to fresh lows. Why BTC Needs to Break Resistance In his latest podcast update, Benjamin Cowen said Bitcoin has rallied back into what he calls the “bear market resistance band.

Bitcoin Breaks $71,000 but Top Analyst Isn't Impressed: 'BTC Still Has a Little Bit To Prove'

Bitcoin's price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto executives and urged lawmakers to get the long-awaited Clarity Act over the line. The leading cryptocurrency was trading for $71,758 at 8am in New York, after jumping nearly 12% over a 24-hour period.

Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act

Bitcoin is trading at its highest levels since June thanks largely to a last-ditch push from the White House and crypto industry leaders to get the Clarity Act across the finish line in the coming weeks.

Bitcoin surges 12% in two days as Trump, crypto execs lead last ditch effort for Clarity Act

Market expectations on the Federal Reserve's next interest rate helped propel Bitcoin (CRYPTO: BTC) to trade above $72,000 Thursday morning. That's up 14.8% on the week and on pace for its biggest weekly gain since November 2024 when Donald Trump won the presidential election.

Bitcoin Eyes Best Week Since Trump's Election Victory: Why Is This A Fed's Warsh Problem?

Olenox Industries Reports July Bitcoin Production Of About 15.13 BTC At Average Hashrate Of About 1.02 EH/s, Or About 64% Of Fleet Economic Capacity, Reflecting Planned Summer Curtailment

One pseudonymous trader woke up to a $4.3 million loss on a $70 million Bitcoin (CRYPTO: BTC) short Wednesday as crypto markets posted the largest short liquidation event in recorded history. What Happened to the $70 Million Short?

'I Will Ride It Down or to Death': BTC Trader Loses $4.3 Million on $70 Million Short

BlackRock's new whitepaper says Bitcoin's more than 50% price drop from October 2025 highs stems from temporary deleveraging and shifting capital rather than any lasting change in its role as a portfolio diversifier. The post BlackRock Attributes Bitcoin's Steep Pullback to Deleveraging and Flows appeared first on The Daily Hodl.

BlackRock Attributes Bitcoin's Steep Pullback to Deleveraging and Flows

While the advance was triggered by relief in the bond market following White House support signals for U.S. Treasuries, longer-term gains are likely to be underpinned by the Fed, said Pedro Fontes, a research analyst at crypto exchange Mercado Bitcoin.

Fed liquidity promises, dollar weakness could determine bitcoin's next move

Bitcoin (CRYPTO: BTC) on Thursday climbed another 4% to $71,800 as macro investor Raoul Pal called Wednesday's Treasury move a historic turning point. What Raoul Pal Calls the ‘Bessent Put' Pal posted on X that the Treasury's decision to double long-end bond buybacks came the day after the 30-year yield hit a 19-year high at 5.33%, and the timing was the whole point.

Bitcoin Surges Above $71,000 as Raoul Pal Says It's The 'Bessent Put' and 'The Signal Is Enormous'

Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.

Bitcoin rally sparks debate whether Clarity Act is already priced in

Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.

Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out

Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S.

News for Bitcoin Crypto (BTC)