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.

Here's the level analysts are watching and what a break below it could mean for the bulls.

Bitcoin bulls have one price level to defend

A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling. The buyers who drove BTC to an eight-month high are already pulling back.

Bitcoin rally shows signs of cooling even as a 'bull score' gauge nears its perfect score

Dogecoin

Ethereum

Leading cryptocurrencies stayed resilient on Tuesday while rising government bond yields weighed on stock markets. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin Dips, While Ethereum, XRP, Dogecoin Gain: Bull Market 'Intact,' but Rally 'Showing Cracks,' Says Analyst

Fraudulent texts posing as Coinbase allegedly led to the theft of 33.7 bitcoin from two wallets held within one account. The bitcoin was worth approximately $900,000 at the time of the theft. Federal prosecutors now seek to forfeit cryptocurrency traced to part of it.

Fake Coinbase Texts Led to $900K Bitcoin Theft, US Seeks Seized Crypto

Institutions are moving beyond the question of whether to own bitcoin and toward how to finance, hold, and use it. A new research note says the shift could shape bitcoin's next phase of adoption.

Bitcoin Was the Asset. Now Institutions Are Building Around It

Bitget this week resumed customer withdrawals and within one hour, users had taken over 4,000 bitcoins off the exchange.

Bitget Customers Withdraw Over 4,000 Bitcoins in One Hour Following $388M Hack

Veteran financial adviser Ric Edelman is making one of his most aggressive bitcoin allocation calls yet, arguing that investors should consider holding 10% to 40% of portfolios in BTC depending on risk tolerance. He also sees a path toward $500,000 bitcoin by 2030 if global adoption continues to deepen.

Ric Edelman Urges 10-40% Bitcoin Allocation, Sees $500K Price by 2030

Bitcoin's (CRYPTO: BTC) rally keeps pulling in fresh capital, but the buying pressure behind it has turned uneven, according to Glassnode's latest weekly report. Spot Buyers Are Losing Conviction Glassnode wrote in its Sept.

Bitcoin's Rally Is Real, Glassnode Says: So Why Are Spot Buyers Uninterested?

Bitwise's Ryan Rasmussen breaks down institutional crypto adoption, revealing why pensions and sovereign funds bought the dip from $125K to $60K.

Bitwise Head of Research: Sovereigns Selling Gold for Bitcoin | Ryan Rasmussen

Tracy Shuchart breaks down Strait of Hormuz oil disruptions, warning that GCC output losses and crack spreads signal a worsening winter energy pinch.

Tracy Shuchart: BTC & the Commodities Supercycle

Dan Tapiero reveals why a new bull phase has begun, pointing to core revenue growth across stablecoins, tokenization, and Hyperliquid.

Dan Tapiero: “We've Begun a Bull Phase” in Bitcoin

Bitcoin is holding key support at $83,000, with analysts arguing that Treasury yields surging to a 24-year high have yet to derail crypto markets.

Bitcoin, Ethereum, XRP, Dogecoin Hold Firm as Treasury Yield Hits 24-Year High

Bitcoin (CRYPTO: BTC) could be significantly undervalued relative to global liquidity, with an equilibrium price of $197,000 being the fair value, Bitwise's Director and Head of Research André Dragosch argued on Tuesday. Is a Fed Pivot The Next Major Catalyst for BTC?

Bitcoin's Fair Value Is $197,000, Bitwise Exec Says: Can BTC Close the Gap?

Bitcoin could face a near-term correction as short-term traders' onchain unrealized profit margin has reached its highest level in 21 months, according to CryptoQuant.

CryptoQuant says bitcoin correction could be near as traders' unrealized profit hits 21-month high

European BTC investors can typically be exposed to both volatile swings in the cryptocurrency's price as well as the dollar's move against the euro. A new fund aims to fix that.

HANetf Debuts Euro-Hedged Bitcoin Fund in World First

Bitcoin ETFs extended their inflow streak to eight straight days on Monday, bouncing back from the Clarity Act sell-off in a big way.

Crypto ETFs Surge as Bitcoin Funds Add $2.95 Billion in 30 Days

A new report from CryptoQuant still declares a bitcoin bull market but says a “healthy correction” could be coming.

Stretched Profits and Cooling Demand Put Bitcoin Rally on Pause — For Now: Report

SUBFROST said Alkanes made up 61.1% of all Bitcoin transactions from June 23 to Sept. 20 — about 59.9 million txs across blocks 954,917–967,918.

Alkanes Asian Market Drove 61% of Bitcoin Transactions for 90 Days, SUBFROST Data Shows

Bitcoin (CRYPTO: BTC) has fallen sharply after every midterm election since 2010—and prominent cryptocurrency analyst Ali Martinez expects that pattern to repeat again this November. What the Historical Pattern Shows Martinez layed out his thesis on Tuesday by looking at Bitcoin's post-midterm track record.

Bitcoin Plummeted After the Last 4 Midterm Elections: Will History Repeat?

Treasury management firm Capital B acquired 13 bitcoin with $1.1 million raised from the issuance of 172,978 new shares priced at $6.45 each, boosting the value of its bitcoin treasury to about $294 million. ATM Contract Terms and Execution French treasury management firm Capital B confirmed Sept. 28 that it has raised $1.

French Firm Capital B Boosts $294M Bitcoin Treasury via Share Offering

Bitcoin is up 7.33% in September, edging past 2024 as the best September on record, with one day left before the monthly candle closes.

Is the Red September Curse Over? Bitcoin Set for Best September on Record

The price of bitcoin experienced a turbulent 24 hours, fluctuating between $82,807 and $84,545 before settling near $83,150. Analysts noted that while tighter financial conditions and energy costs are temporarily capping non-yielding assets, bitcoin's underlying technicals still suggest short-term consolidation within an uptrend rather than a structural reversal.

Bitcoin Price Holds Above $83K as Oil Surge Limits Gains

Bitcoin traded near $84,000 on Tuesday, near Glassnode's largest long-term holder cost-basis cluster price range.

Bitcoin tests long-term holder supply cluster as leverage clears, analysts say

U.S. bitcoin ETFs opened the week with $31.07 million in net inflows, extending their winning streak to eight sessions even as the pace of buying slowed sharply. Ether, solana, and XRP funds also attracted capital, while Zcash ETFs returned to outflows.

Bitcoin ETFs Add $31M as 8-Day Inflow Streak Hits $3B

Bitcoin (CRYPTO: BTC) reclaimed $84,000 Tuesday morning, invalidating a key part of prominent analyst Benjamin Cowen's thesis of a deeper bear market decline. Is $83,000 Making the Bear Case Harder?

News for Bitcoin Crypto (BTC)