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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.

The price of Bitcoin has jumped to a weekly high of more than $71,000, with just a few weeks to go before the cryptocurrency's much-anticipated block rewards halving. Bitcoin's price touched $71,000 Monday evening, before pulling back and surging to a high of $71,419.17 Tuesday morning.

Bitcoin Price Blasts Past $71,000 Ahead of Halving

A Bitcoin address that has been dormant since 2019 just moved $6 billion in BTC to three new addresses, shows Arkham.

An unidentified Bitcoin address just moved $6 billion in BTC to three new addresses

The upward price trajectory of bitcoin over the past 24 hours has resulted in over $56 million worth of bitcoin short liquidations.

Bitcoin price breaks out above $71,000, causing spike in short liquidations

Spot Bitcoin ETFs saw their first green day since March 15 with $15 million worth of net inflows on Monday.

Bitcoin ETFs See First Green Day After Losing Nearly $1 Billion Last Week

Ethereum

The London Stock Exchange has announced plans to launch a dedicated market for exchange-traded notes (ETNs) tied to Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH), the two largest cryptocurrencies by market capitalization. The new market is scheduled to go live on May 28, marking a milestone in the integration of digital assets into traditional financial markets.

Crypto's Mainstream Moment: London Stock Exchange's $3 Trillion Bet On Bitcoin And Ether's Future

After five consecutive days of outflows, spot bitcoin exchange-traded funds experienced a total net inflow yesterday.

Spot bitcoin ETFs break five-day outflow streak

One analyst said quarter-end inflows could be stronger than usual.

Bitcoin ETFs Snap Outflows Streak, Accumulate $15.4M

Grayscale's GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.

Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K

Best-selling finance author Robert Kiyosaki says he's buying more than half a million dollars worth of Bitcoin (BTC) in the coming days. Kiyosaki tells his 2.5 million followers on the social media platform X that he's going on a Bitcoin buying spree in anticipation of the April halving when miners' rewards are slashed in half.

Rich Dad Poor Dad Author Announces Bitcoin Buying Spree, Sees $100,000 Price Tag for BTC – Here's His Timeline

The London Stock Exchange (LSE) has announced its plans to launch exchange-traded notes (ETNs) for Bitcoin (BTC) and Ethereum (ETH) on May 28.

London Stock Exchange Will Launch Crypto ETNs Tracking BTC and ETH on May 28

Iceland's Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.

Iceland's Prime Minister Vows to Prioritize Food Security Over Bitcoin

Dogecoin

Major cryptocurrencies experienced a strong rally on Monday, bouncing back from recent losses. The apex cryptocurrency Bitcoin surged above its 2021 peak once again.

Bitcoin Touches $70K Again, Ethereum, Dogecoin Bounce Upward As Crypto Market Recovers: Analyst Says If Rally Resumes, King Crypto Could Retest All-Time Highs

Rich Dad Poor Dad author Robert Kiyosaki has updated his bitcoin price prediction. He now anticipates the cryptocurrency reaching $100K by September. The famous author also announced his intention to purchase more bitcoin this week, citing the approaching halving event.

Robert Kiyosaki Predicts Bitcoin Hitting $100K by September — Plans to Buy BTC This Week as Halving Nears

This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin into three distinct addresses.

Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy

Nilam Resources says Bitcoin is the "gold standard" and the future of digital transactions.

South American Gold Miner Nilam Resources Enters Agreement to Acquire 24,800 Bitcoin

Thomas Lee, co-founder of Fundstrat Global Advisors, took a bullish stance on Bitcoin (CRYPTO: BTC) in 2018. His position seems prescient in light of today's market.

Bitcoin Believer From 2018 Nails It: Is He Right About $150,000?

March 25 (Reuters) - (This story has been corrected to say bitcoin rose 7.15%, not 11.63%, in the headline and story) Bitcoin rose 7.15% to $70,900 at 2010 GMT on Monday.

Bitcoin rises 7.15% to $70,900

The head of blockchain analytics platform CryptoQuant says that Bitcoin (BTC) could dip to a “max pain” price range before the bull market is able to continue.

CryptoQuant CEO Unveils ‘Max Pain' Price Level for Bitcoin, Says BTC ETF Netflows Are Slowing

Renowned investor and author Robert Kiyosaki is bullish on Bitcoin, urging investors to buy as much as possible. How Has Bitcoin Been Doing The Past Week?

'Rich Dad Poor Dad' Author Robert Kiyosaki Says 'Buy As Much Bitcoin As You Can Afford'

Bitcoin (CRYPTO: BTC) is gaining momentum, opening the week with a 6.4% rally and pushing the asset above the $70,000 mark alongside a 63% surge in trading volumes. 10x Research states that the week ahead will be crucial in determining Bitcoin's next 15,000-point move.

Bitcoin Breaks $70,000: 10x Research Predicts 'Critical' Week For The 'Next 15,000-Point Move'

A woman who converted Bitcoin (BTC) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement. BBC reports that Jian Wen, a Chinese national and a resident of Hendon, North London, was convicted at the Southwark Crown Court on Monday.

London Resident Holding $2,500,000,000 in Bitcoin Convicted on Money Laundering Charges: Report

Nigerian Bitcoiners continue pushing to expand the ecosystem in the midst of a crackdown on P2P trading platforms in the country.

AMIDST P2P CLAMPDOWN, NIGERIA BITCOINERS EMPOWERS WOMEN WITH BITCOIN EDUCATION

Investors have pulled cash out of crypto funds such as Grayscale's Bitcoin Trust after seven straight weeks of inflows.

Bitcoin ETFs, Crypto Funds Lost Nearly $1 Billion Last Week Due to Investor 'Hesitancy'

Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, tipping the group of U.S. spot bitcoin exchange-traded funds (ETFs) into net outflows for the week ending March 22, according to data from BitMEX Research.

Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week

Amid halving buzz, Bitcoin flirts with its all-time high after days of losses, surpassing $70,000 early Monday.

News for Bitcoin Crypto (BTC)