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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.

Imagine if, back in 2013, you had locked 43.6 BTC securely away in your bitcoin wallet only to discover that your password no longer worked a decade later. Who would you turn to with just under $3 million at stake?

How Bitcoin Hackers Recovered $3 Million From Wallet Locked In 2013

The Bitcoin 2024 CLE program has been approved for 7.25 hours of accreditation in Tennessee.

World's Largest Bitcoin Conference Launches CLE Program in Nashville

El Salvador has courted Bitcoin firms and crypto-curious nations in recent weeks, as it renews its push for Bitcoin adoption.

El Salvador's Latest Push to Encourage Bitcoin Adoption

Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump asked if bitcoin could solve the $35 trillion U.S.

Trump Interested in Using Bitcoin to Solve the US National Debt Problem

Ethereum

Bitcoin Bitcoin and ethereum have ridden a Wall Street spot exchange-traded fund (ETF) price rally this year (that could be about to be blown out of the water by China).

Goldman Sachs Issues ‘Astonishing' Bitcoin And Ethereum ETF Prediction After Price ‘Turning Point'

Bitcoin spot exchange-traded funds (ETFs) experienced a total of $28.32 million in positive net inflows on May 29. This positive sentiment comes despite a single-day outflow of $31.07 million from the Grayscale Bitcoin Trust (OTC:GBTC), according to data from SoSo Value.

Bitcoin Spot ETFs Extend Inflow Streak, 'Very Low Fee' Is By Design, Says Cathie Wood

Dogecoin

Crypto markets are expected to remain shaky ahead of Friday's U.S. inflation data release, one trading desk said.

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

The mining pool, run by Bitcoin core dev Luke Dashjr, has based its new hub in the capital city of San Salvador.

Jack Dorsey Backed Bitcoin Miner OCEAN Opens El Salvador Hub

Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,” according to a press release.

Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador

A widely followed analyst and trader who accurately predicted the 2018 Bitcoin (BTC) bottom six months prior is expressing bullish sentiment on the 48th-largest crypto asset by market cap.

Analyst Who Nailed 2018 Bitcoin Bottom Says FLOKI Primed To Hit ‘Escape Velocity' Soon – Here Are His Targets

Telegram-linked cryptocurrency Notcoin (CRYPTO: NOT) and Sam Altman-founded Wordlcoin (CRYPTO: WLD) raked in major gains on a day when market heavyweights slipped lower. What Happened: NOT accumulated double-digit gains to emerge as the best-performing cryptocurrency in the last 24 hours.

Telegram-Associated Notcoin, Sam Altman-Founded Worldcoin Outshine Bitcoin, Ethereum On A Weak Day

The 11 funds continued to log their 12th consecutive day of inflows, marking the longest streak since the last week of February.

BlackRock's IBIT continues to lead net inflows in spot bitcoin ETFs

The price of Bitcoin (BTC) has experienced a downward trend since reaching $70,300 on May 27, currently hovering around $67,920, a 2% decline over the past 7 days.

Bitcoin Futures Open Interest Hits 16-month High Amid Price Resilience

Leading cryptocurrencies inched lower on Wednesday, as investors remained hesitant to allocate funds to the risky asset class due to fears about inflation and interest rates. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Edge Lower As Inflation Fears Grip Investors: Less And Less Of King Crypto Available For Masses, An 'Enormous' Bull Market Inevitable, Says Analyst

Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador's President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms.

Ark CEO Cathie Wood Talks Bitcoin With El Salvador's President — Applauds His Vision for BTC Hub

On Friday, May 24, 2024, Kenya's Ministry of Energy and Petroleum (MOEP) signed an MoU with Marathon Digital Holdings Incorporated to develop the government's renewable energy projects, including exploring renewables Bitcoin mining-based projects.

Bitcoin Miner Marathon Partner With Kenya On Renewable Energy Projects

Millennials getting rich with Bitcoin aren't likely to gamble their fortunes on alts this time, argues Glassnode's top expert.

This Bitcoin Cycle May Be The ‘Last Gasp' For Altcoins, Analyst Predicts

Shiba Inu

Cryptocurrency markets traded within a tight downward range on Wednesday, as traditional markets had a rocky trading day with increased volatility. Prices as of 4:00 p.m.

Bitcoin, Ethereum, Dogecoin Grind Lower; Shiba Inu Outperforms: 'Price Rallied For 1 Year After Election,' Trader Says

The peer-to-peer service provides simple aliases to users in over a dozen countries—and may someday support NFTs.

Mastercard's ‘Crypto Credential' Goes Live to Simplify Sending Bitcoin

Almost half of U.S. voters said they expect to have crypto in their investment portfolios in the future.

What Would Make Americans Buy More Bitcoin? Clearer Regulations, Survey Says

El Salvador's allure for companies and global brands continues to grow, with Bitcoin Bitcoin mining company OCEAN Ocean Protocol making a strategic move to establish its headquarters in the country. This decision positions OCEAN for worldwide success and underscores the country's potential as a hub for innovative bitcoin business operations.

New Bitcoin Mining Firm Sets Up Headquarters In El Salvador

Presidential candidate Donald Trump has made several bold claims about crypto in recent weeks. These claims could inspire crypto enthusiasts to vote for Trump in the November election, potentially swaying the outcome.

Remember Elizabeth Warren's Anti-Crypto Campaign? Donald Trump Promises To 'Keep Elizabeth Warren Away From Your Bitcoin'

Bitcoin is much more than just an investment asset for developed economies, it can be a tool for innovators all over the world currently walled out of the global economy.

Bitcoin: A New Hope for Innovators in Corrupt Economies

Bitcoin‘s (CRYPTO: BTC) rise to new highs may depend on a single data point—inflation—according to a new report by crypto research firm 10x Research. The Critical Role Of Inflation 10x Research emphasizes that understanding Bitcoin's price movements is less about random fluctuations and more about recognizing its critical drivers.

Bitcoin's New All-Time High Depends On This Macro Indicator: 10x Research

BlackRock Inc's (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the most significant Bitcoin fund globally, amassing nearly $20 billion in assets since its U.S. listing earlier this year. As of Tuesday, the fund held $19.68 billion in Bitcoin (CRYPTO: BTC), surpassing the $19.65 billion Grayscale Bitcoin Trust (NYSE:GBTC).

News for Bitcoin Crypto (BTC)