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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

Leading cryptocurrencies faced selling pressure over the weekend, as investors remained skeptical of the market's upcoming moves.

Bitcoin, Ethereum, Dogecoin Fall On Investor Worries: Analyst Warns Of King Crypto's Dip Below $60K

Ethereum's median gas price fell below 3 gwei for the first time since 2020 as Bitcoin miners continue to feel the impact of the latest halving.

Ethereum gas prices, Bitcoin miner revenue both approach record lows

In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential.

Bitcoin's Power Law Model Gains Traction Despite Market Fluctuations

SkyBridge Capital CEO Anthony Scaramucci has predicted a significant surge in the value of Bitcoin (CRYPTO: BTC). He anticipates Bitcoin to skyrocket nearly 300% and Ethereum (CRYPTO: ETH) to surge about 240% from their current values.

Anthony Scaramucci Says Crypto Will Soar If This Presidential Candidate Wins The Election: 'I Think We'll See All-Time Highs For Bitcoin And Other Assets'

Bitcoin is braced for a Washington earthquake in the coming week after former president Donald Trump made the shock declaration he will be the "crypto president."

Leak Reveals Crypto Is Braced For A Huge Biden Flip Ahead Of Trump Debate At Could Trigger A Bitcoin, Ethereum And XRP Price Earthquake

Although Bitcoin-based decentralized applications (dapps) have been known to replicate or copy Ethereum dApps, Jeff Yin, founder of Merlin Chain, believes there is a growing impetus to build bitcoin dapps that are distinguishable from ether-based dapps.

Bitcoin Network Adapting Despite Experiencing Growing Pains, Says Early BTC Investor

A closely followed trader believes that a key support level for Bitcoin will collapse before BTC witnesses another move to the upside.

Top Trader Issues Bitcoin Warning, Predicts BTC Collapse Amid Extended Weakness and Consolidation

In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators, developed over decades, assist traders in making informed decisions by analyzing price momentum and market conditions. This article delves into the history and usage of key oscillators leveraged in bitcoin trading.

Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide

Bitcoin investors and Winklevoss twins, Cameron and Tyler, received a refund after their Bitcoin (CRYPTO: BTC) donations to former President Donald Trump‘s presidential campaign exceeded the legal limit under federal law. What Happened: The Winklevoss twins, who are known for their dispute with Facebook founder Mark Zuckerberg and are now managing Winklevoss Capital Management, donated Bitcoin equivalent to $1 million each to the presumptive Republican nominee.

Trump's Presidential Campaign Receives Over-Limit Bitcoin Donation From Winklevoss Twins

Crypto analyst Kevin Svenson has projected a possible leap in Bitcoin's (CRYPTO: BTC) worth to $90,000, notwithstanding the digital currency's latest 11% correction. What Happened: In a YouTube video on Friday, Svenson said that if Bitcoin concludes the week above the parabolic curve trend line, it could instigate a 42% price augmentation from its present level.

Crypto Analyst Predicts Bitcoin To Blast Off To $90,000 If This Happens

British banking titan Standard Chartered is reportedly going to roll out a Bitcoin (BTC) and Ethereum (ETH) trading desk based in London. According to a new report by Bloomberg, anonymous sources familiar with the matter say that the financial services giant is venturing into the world of spot market crypto trading.

Banking Giant Standard Chartered To Launch London-Based Bitcoin and Ethereum Trading Desk: Report

Avalanche

Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours.

Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt

The price of Bitcoin (BTC) has fallen further below the moving average lines while remaining above the $64,300 support.

Bitcoin Takes A Break And Goes For Aggressive Buying At $64,000

SkyBridge Capital founder Anthony Scaramucci is making a massive prediction for Bitcoin (BTC) and Ethereum (ETH) this cycle. In a new interview on the Unchained Crypto YouTube channel, Scaramucci says he believes Bitcoin could soar nearly 300% and Ethereum nearly 240% from their current values.

Bitcoin Could Skyrocket Nearly 300%, Says SkyBridge Capital CEO Anthony Scaramucci – Here's the Timeline

Bitcoin (CRYPTO: BTC) is currently at a critical juncture, according to a prominent crypto analyst. The analyst also updated the outlook for altcoins Solana (CRYPTO: SOL) and dogwifhat (CRYPTO: WIF).

Bitcoin At 'Do-Or-Die' Level And Dogwifhat 'Just Looks Sh*t,' Says Top Trader: 'Can't Pin This On Me'

Bitcoin and crypto prices have swung wildly this week as former U.S. president and 2024 White House hopeful Donald Trump issues a serious warning over a potential U.S. dollar collapse.

‘The Next Domino To Fall'—Tech Billionaire Primes Bitcoin For A Massive Price Shock

Chainlink

The widely followed cryptocurrency trader and analyst Michaël van de Poppe is expressing bullish sentiment on a leading blockchain oracle while outlining the potential path forward for Bitcoin (BTC) and Ethereum (ETH).

Crypto Trader Says One Blue-Chip Altcoin Primed To Skyrocket by 150%, Updates Outlook on Bitcoin and Ethereum

Analyst Kevin Svenson is outlining a path forward for Bitcoin (BTC) amid the flagship cryptocurrency correcting by around 11% over the past two weeks from the June high of around $72,000.

Bitcoin To Hit $90,000 ‘Sooner Rather Than Later' if This Happens, Says Crypto Analyst Kevin Svenson

Crypto analyst Justin Bennett has cautioned that Bitcoin (CRYPTO: BTC) could potentially plummet to significantly lower levels. What Happened: On Thursday, Bennett, who boasts a following of over 110,800 on social media platform X, formerly Twitter, said that Bitcoin could see a decline of over 18%.

Bitcoin Could See 18% Decline, Predicts Crypto Analyst: Plunge 'More Likely Now' With $54K A Possibility

Crypto exchange Gemini's co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump's presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government agencies, as well as the U.S. Securities and Exchange Commission (SEC), against the crypto industry.

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden's ‘War on Crypto'

Gemini crypto exchange co-founders Tyler and Cameron Winklevoss are each sending $1 million worth of Bitcoin (BTC) donations to Republican Presidential candidate Donald Trump.

Winklevoss Brothers Send Twin $1,000,000 Bitcoin Donations to Donald Trump

Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and reliability.

Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining

Cryptocurrency markets are trading lower, with liquidations spiking over $100 million on Friday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $64,050.37 -1.5% Ethereum (CRYPTO: ETH) $3,524.78 +0.15% Solana (CRYPTO: SOL) $3,524.78 -0.84% Dogecoin (CRYPTO: DOGE) $0.1244 +0.09% Shiba Inu (CRYPTO: SHIB) $0.0000179 -1.4% Notable Statistics: IntoTheBlock data notes a 4% increase in large transaction volume and daily active addresses.

Bitcoin, Ethereum, Dogecoin Go Down Yet Again: 'Crucial Area Of Support,' Top Analyst Warns

Solana

A widely followed crypto analyst says that Bitcoin (BTC) is currently sitting at a “do-or-die” level while updating his outlook on altcoins Solana (SOL) and dogwifhat (WIF).

Top Trader Says Bitcoin (BTC) at ‘Do-or-Die' Level, Updates Outlook on Solana (SOL) and dogwifhat (WIF)

Michael Dell, CEO of Dell Technologies (NYSE:DELL), indicated a possible interest in Bitcoin (CRYPTO: BTC) through a series of social media interactions with Bitcoin proponent Michael Saylor. What Happened: Michael Dell retweeted a Bitcoin-supportive message from Michael Saylor, the executive chairman of MicroStrategy (NASDAQ:MSTR).

News for Bitcoin Crypto (BTC)