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.

Dogecoin

Ethereum

Bitcoin tumbled 5% to $77,000 as panic over the reported Binance hack triggered nearly $2 billion in crypto liquidations.

Bitcoin, Ethereum, XRP, Dogecoin Drop 5% After Liquidations Top $1.5 Billion

Bitcoin reached a six-week low on Friday, October 30, as the news that Binance suffered a multibillion dollar hack exacerbated a downward trend.

Bitcoin Falls To 6-Week Low As Binance Hack Accelerates Losses

Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.

Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms

Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.

Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018

Bitcoin is just 10 basis points of the world's capital assets and headed toward a $100 trillion industry, Michael Saylor said during Strategy's third-quarter call.

Bitcoin Industry Will Grow to $100T, Says Michael Saylor

The Binance hack, which has affected $6.3 billion in client assets, is the largest crypto theft on record.

Why bitcoin held up better after the record Binance hack

Strategy (MSTR) posted a record $19.5 billion Q3 profit and said it could raise up to $30 billion in digital credit to buy more BTC without issuing new stock.

Strategy Eyes $30B Digital Credit for More Bitcoin Buys

Bitcoin stabilized above $77,000 after a $6.3 billion Binance hack triggered a marketwide sell-off, pushing the cryptocurrency to a multiweek low of $76,320. Bitcoin Plunges to Multiweek Low Following Binance Hack Bitcoin price stabilized above $77,000 following a marketwide sell-off triggered by Thursday's $6.

Bitcoin Price Rebounds Above $77K, but Binance Hack Keeps Traders on Edge

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) are down over 4% on the day as chart analyst Ali Martinez identifies key levels where investors could consider buying the dip. Can BTC Find Support At $73,000?

Bitcoin, Ethereum, XRP Plunge 4%: A Dip Worth Buying?

Bitcoin fell about 4% to near $76,800, close to the $76,100 50-week average Galaxy Research uses to mark the end of the bear market, ahead of Sunday's close.

Bitcoin Price Drops to $76K, Testing Galaxy's Bear-Market Tripwire

Zcash

Bitcoin ETFs stayed positive for a fourth straight session Thursday, adding $17.07 million and lifting week-to-date inflows above $440 million. Ether and solana funds suffered a fresh wave of redemptions, while zcash extended its winning streak and XRP demand strengthened. Bitcoin ETFs Add $17M to Extend Winning Streak Bitcoin's week is still green.

Bitcoin ETFs Add $441M in 4 Days as Zcash Streak Hits Day 8

Crypto-linked stocks plunged Friday as a multibillion-dollar Binance security breach collided with a broader technology selloff driven by concerns over AI spending. Coinbase dropped more than 12% and Strategy fell 6%, even after both companies reported quarterly profits on Thursday night. Binance Hack Adds a Crypto-Specific Shock Crypto stocks are being hit from both sides.

Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks

Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.

Strategy's preferred-stock fix sets up renewed bitcoin buying, analysts say

Yishi Wang, founder and CEO of hardware wallet company OneKey, suggested that North Korean hackers could be eyeing another major target after Binance was ransacked: BlackRock's IBIT, the world's largest bitcoin ETF, holding nearly $63 billion in BTC with Coinbase listed as its sole custodian.

Who's Next? OneKey CEO Warns Hackers Will Target Blackrock's Bitcoin ETF

Bitcoin (CRYPTO: BTC) is showing signs of buyer support following the Binance hack-driven sell-off, but will the correction extend toward $74,800 before a sustained recovery? Can Bitcoin Hold The $76,000 Support?

Can Bitcoin Hold On After the Selloff? Here's What Technical Analysis Says

▶ Tyler Evans breaks down Bitcoin's post-bear setup: Fed policy, bond yields, surging ETF accumulation, and why U.S. midterms are pivotal heading into 2027.

Tyler Evans: Bitcoin ETF Flows Flipped From “Highly Negative” to “Strong Accumulation”

Binance's cofounder Changpeng Zhao urged Elon Musk to stop mocking the exchange after it suffered a $6.3 billion hack.

'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack

▶ U.S. pressure to hold Treasuries forces central banks to sell what they can, says Doomberg, setting up a wildly bullish long-term case for gold and Bitcoin.

Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold

▶ Galaxy's Alex Thorn calls the Bitcoin bottom, pointing to the 50-week moving average reclaim, resilience at $80K, and why being long is now contrarian.

Alex Thorn: 50-Week Signal Says Bitcoin's Bottom is In

▶ France hits 120% debt-to-GDP. Capital B's Alexandre Laizet explains why misspent debt and currency debasement make the case for a Bitcoin treasury strategy.

Alexandre Laizet on The French Debt Crisis: “Europe is in Need of Bitcoin”

Elon Musk has stoked fears that Binance could be teetering on the verge of collapse

‘Please Stop'—Binance Founder Begs Elon Musk After Massive Hack Triggers Bitcoin And Crypto Price Crash Fears

Kevin O'Leary said the midterm elections could influence the CLARITY Act's prospects and the direction of U.S. cryptocurrency policy. He also weighed in on the price direction for Bitcoin (CRYPTO: BTC).

Kevin O'Leary Says Bitcoin May Not 'Automatically' Rally Even If CLARITY Act Passes, Warns Midterms Could Create Washington 'Gridlock'

Bitcoin (CRYPTO: BTC) fell 3% over the past 24 hours after reports of a major Binance security breach, even as the crypto king holds roughly 24% above where it started August. Why Analysts Call This a Sign of Resilience Widely-followed trader Quinten Francois posted on X that Bitcoin has absorbed an unusual string of bad news this year.

Bitcoin Holds $77,000 Despite Binance Scare: ‘ A Sign Of Resilience'

A day ago, we noted how bitcoin BTC$77,362.45 investors were buying insurance against potential price drops in the largest cryptocurrency. That bias strengthened after a hacker walked away with more than $6 billion in crypto assets from Binance, the largest crypto exchange.

Here's how big bitcoin traders responded after the Binance hack hit

Bitcoin (CRYPTO: BTC) plunged below $77,000 overnight after cryptocurrency exchange Binance was hacked for $6.3 billion but has since recovered to trade at around $78,000. Prominent analyst Benjamin Cowen warns Bitcoin could be entering its final Q4 selloff ahead of the U.S. midterm elections on Nov. 3, with two consecutive weekly closes below its May high suggesting a potential bull trap.

News for Bitcoin Crypto (BTC)