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 fast-food chain says bitcoin payments have boosted sales, as it channels crypto receipts into a growing corporate reserve.

Steak 'n Shake Says Bitcoin Has Lifted Sales 'Dramatically' in 9 Months

BofA's February survey shows investor positioning in the U.S. dollar has fallen to its most negative level since at least early 2012.

BofA survey flags dollar bearish bets at over a decade high. Here's what it means for bitcoin

Strategy Inc. (NASDAQ:MSTR) Chair Michael Saylor touted on Monday Bitcoin's (CRYPTO: BTC) ability to enable fast and cheap global transfers even on bank holidays like Presidents' Day. Saylor Champions Bitcoin'S 24/7 Operation Saylor highlighted Bitcoin's fee estimator on X, with a fee rate of 1 satoshi per virtual byte for instant settlements during periods of low congestion.

Bitcoin Can Send 'Any Amount' Of Money Anywhere On Earth In Minutes On A Bank Holiday, Says Michael Saylor — Critics Aren't Buying It

Wintermute's latest macro update paints a jittery picture for digital assets, with bitcoin stuck below the $70,000 range as macro crosscurrents and fading conviction keep traders cautious, according to trading strategist Jasper De Maere.

Bitcoin Struggles to Surface Above $70K, Wintermute Notes

Bitcoin's long-term holders show weakening accumulation, with on-chain data pointing to $54,000 as the next support if $65,000 breaks.

Bitcoin's Long-Term Holders Show Signs of Strain After February Sell-Off

Metaplanet reported explosive revenue and profit growth for FY2025 as it expanded its bitcoin treasury to 35,102 BTC, despite booking a sizable unrealized valuation loss. Metaplanet Revenue Surges 738% on Bitcoin Strategy Japan-listed bitcoin treasury firm Metaplanet delivered breakout financial results for fiscal year 2025, fueled by its expanding bitcoin-focused business model.

Japan's Metaplanet Posts Record Profit, Expands BTC Holdings

Ethereum

Harvard University has cut back on its Bitcoin (CRYPTO: BTC) position and dived into Ethereum (CRYPTO: ETH) for the first time, according to its latest 13F filing released on Friday. Harvard Loses Significant Chunk Of Bitcoin ETF Harvard Management Company, a wholly owned subsidiary of Harvard University that manages its financial assets, reported holding 5.35 million shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT ) as of Dec. 31, down 21% from the previous quarter.

Harvard University Cuts Bitcoin ETF Holdings In Q4, Enters Ethereum ETF For First Time — Crypto Billionaire Changpeng Zhao Wonders 'What's Next'

Coinbase data shows retail investors are buying the bitcoin dip despite sharp market losses, as CEO Brian Armstrong reinforces long-term bullishness and expands products, signaling confidence in crypto's resilience and financial system ambitions.

Coinbase Retail Users Buying Bitcoin Dip — CEO Says ‘They Have Diamond Hands'

Dogecoin

Leading cryptocurrencies traded flat on Monday amid thin liquidity due to the holiday, while gold and silver declined. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:20 p.m.

Bitcoin Flat, Ethereum, XRP Gain, While Dogecoin Slides: Analyst Explains Why 'Most Awful' Periods Could Be Best Time To Accumulate Crypto

Strategy says it can endure a bitcoin plunge to $8,000 without jeopardizing its debt obligations, underscoring the company's aggressive accumulation strategy and fortress balance sheet as it navigates volatility and reinforces long-term confidence in its crypto-heavy treasury model. Strategy Declares $8K Bitcoin Is Survivable — Fortress Balance Sheet Fuels Long-Term Optimism Strategy Inc.

Strategy Declares It Can Survive $8K Bitcoin Crash — Fortress Balance Sheet Keeps Bull Case Alive

This marks a significant departure from the "Bitcoin Maxima" sentiment that dominated the 2024–2025 cycle.

Harvard Endowment Dumps BTC for ETH

Bitcoin is hovering near the $68,000 level, with no clear macro or structural catalyst driving the broader crypto market.

Bitcoin, Ethereum, XRP Hold Steady While Dogecoin Slips — Traders Eye 'Best Buying Opportunity'

The selling simply won't stop. If February closes red, Bitcoin will register five consecutive red months, the longest streak in seven years.

Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market

Bitcoin fell sharply on Feb. 16, dropping below $68,000 after briefly testing $70,000 and remains stuck in a consolidation range between $65,000 and $72,000. Market sentiment is deeply bearish, with the Crypto Fear and Greed Index in extreme fear.

Bitcoin Retreats Below $68,000 Amid ‘Extreme Fear' and Analyst Downgrades

Bitcoin Magazine Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit Tokyo-based bitcoin treasury firm Metaplanet reported a fiscal 2025 net loss of 95 billion yen ($619 million), largely due to a 102.2 billion yen ($666 million) drop in the value of its bitcoin holdings. Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit Micah Zimmerman.

Metaplanet Reports $619 Million Loss as Bitcoin Holdings Take Hit

Bitcoin Magazine Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive Key levels in focus: $65,650 support holds for now, but break below opens $63,000 then Fibonacci $57,800; resistance caps upside at $71,800–$74,500. Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive Ethan Greene - Feral Analysis and Juan Galt.

Bitcoin Bears Dominate: Failure to Break $71,800 Keeps Downside Risk Alive

The firm signaled that it's embracing preferred shares.

Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Kevin O'Leary wins $2.8M defamation judgment against Ben ‘BitBoy' Armstrong, Harvard trims bitcoin ETF holdings, and more

Bitcoin Magazine Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development Payjoin Foundation, the nonprofit behind the Payjoin Dev Kit, has secured 501(c)(3) status from the IRS, making U.S. donations tax-deductible and accelerating development of privacy-enhancing Bitcoin protocols. Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development Juan Galt.

Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development

Crypto's adolescence is over—and institutional capital is changing the rules of engagement, says WisdomTree's latest market analysis.

Bitcoin 'Boom-Bust' Era Is Over as Institutions Take the Lead: WisdomTree

Harvard Management Company trimmed its Bitcoin ETF position while starting a new stake in a spot Ethereum fund.

Harvard Cuts Bitcoin ETF Stake, Adds Ethereum Exposure in Q4 Filing

Bitcoin Magazine Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC American Bitcoin (ABTC) has pushed its Bitcoin reserves past 6,000 BTC. Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC Micah Zimmerman.

Trump Family-Backed American Bitcoin Keeps Stacking Bitcoin, Holdings Pass 6,000 BTC

Crypto exchange-traded funds (ETFs) delivered a divided performance from Feb. 9–13, with bitcoin and ether recording heavy net outflows while XRP and solana posted gains. The week pointed to a growing divergence in investor positioning across digital asset funds.

Bitcoin and Ether ETFs See Combined $521 Million Weekly Outflow

On Monday, bitcoin is coasting along at $68,494 per unit as short sellers pile in at levels not seen since August 2024, setting up a high-stakes standoff in the derivatives market. Bitcoin Funding Rates Plunge — Echoes of 2024 Rally Setup Bitcoin is trading just above $68,000 on Feb.

Bitcoin Traders Crowd the Short Side as BTC Defends $68K

The shift may be due to complex market dynamics, potentially reflecting the unwinding of a trade that capitalized on bitcoin treasury companies trading at premiums to their mNAV.

News for Bitcoin Crypto (BTC)