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 rose, but other major coins pulled back Tuesday as investors weighed the implications of a falling U.S. dollar and yields on government debt. Cryptocurrency Gains +/- Price (Recorded at 10:15 p.m.

Bitcoin Rises Amid Falling Dollar; Ethereum, Dogecoin Dip: Analyst Warns Gold Movement Toward All-Time High 'Not A Great Sign' For ETH, Altcoin Investors

The SEC has stepped in to pause Bitwise's approved crypto ETF just hours after staff gave it the green light.

‘Bizarre Situation': SEC Halts Conversion for Another ETF Holding Bitcoin, Ethereum, and XRP

A wallet associated with space technology company SpaceX transferred over $150 million in Bitcoin (CRYPTO: BTC) Tuesday, marking its first on-chain activity in over three years. What Happened: On-chain analytics platform Arkham detected a transaction of 1,308 BTC, worth $154.40 million, from a wallet tied to the Elon Musk-led firm to a previously inactive wallet.

Elon Musk's SpaceX Moves Its Bitcoin For First Time In 3 Years, Analytics Firm Notes Over $150 Million Worth Of Coins Moved To Fresh Address

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate

Can BTC bulls close out the week in the green? The odds on the Myriad prediction market are nearly dead even.

Can Bitcoin Hold Above $120K? Bulls and Bears Are Split

Following a recent spate of filings from issuers to add in-kind redemptions to their Bitcoin and Ethereum ETFs, a Bloomberg analyst says progress is likely being made with the SEC.

Bitcoin, Ethereum ETF Issuers Likely to Get SEC Approval for In-Kind Redemptions: Analyst

The aerospace firm consolidated its Bitcoin tokens that were stored in 16 wallets into a single on-chain wallet.

Elon Musk's SpaceX Moves Bitcoin Holdings for First Time in 3 Years

Bitcoin Magazine RGB v0.11.1 Launches, Allowing The Creation Of Digital Assets on Bitcoin Mainnet The update introduces client-side validated digital assets to Bitcoin and Lightning, allowing issuance, transfer, and contract functionality without external blockchains or intermediaries. This post RGB v0.11.1 Launches, Allowing The Creation Of Digital Assets on Bitcoin Mainnet first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

RGB v0.11.1 Launches, Allowing The Creation Of Digital Assets on Bitcoin Mainnet

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday! Here's what you need to know in crypto today. Traditional finance is moving deeper into digital assets.

The Daily: JPMorgan explores crypto loans, Musk's SpaceX moves bitcoin, Senate pushes policy, and more

Profusa is pivoting into bitcoin by securing a $100 million equity line of credit with Ascent Partners, committing all proceeds beyond a $5 million cash buffer to BTC as its primary treasury reserve asset. Biotech Firm Profusa Embraces Bitcoin Profusa Inc.

Profusa Launches $100 Million Bitcoin Treasury Strategy

Bitcoin Magazine Orphanage in Uganda That Runs on Bitcoin Celebrates Bitcoin Pizza Day with a Road Trip A team that helps operate the Orphans of Uganda Children's Center, which runs in part on international bitcoin donations, took the orphans on a field trip to the zoo on Bitcoin Pizza Day to to show them that anything is possible, much like Laszlo Hayek did when he bought two pizzas with bitcoin 15 years ago. This post Orphanage in Uganda That Runs on Bitcoin Celebrates Bitcoin Pizza Day with a Road Trip first appeared on Bitcoin Magazine and is written by Frank Corva.

Orphanage in Uganda That Runs on Bitcoin Celebrates Bitcoin Pizza Day with a Road Trip

Analytics firm Glassnode says that large Bitcoin investors are gobbling up BTC, fueling the crypto king's ascent above $100,000. In a post on the social media platform X, Glassnode says that all major Bitcoin cohorts by wallet size are now back in “near-perfect” accumulation mode.

Accumulation of Major Bitcoin Investors and Whales Powering BTC Uptrend As Ethereum Witnesses Trend Reversal in Buyer Behavior: Glassnode

The Financial Times reports that JPMorgan, the world's biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars.

The Node: JPM's BTC Lending Play

Cryptocurrency markets are trading sideways on Tuesdayas Bitcoin attempts to reclaim the $120,000 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $119,799.44 Ethereum (CRYPTO: ETH) $3,711.00 Solana (CRYPTO: SOL) $201.99 XRP (CRYPTO: XRP) $3.56 Dogecoin (CRYPTO: DOGE) $0.2662 Shiba Inu (CRYPTO: SHIB) $0.00001529 Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume and daily active addresses increased by 121.9% and 14.7% respectively.

Bitcoin Eyes $120,000 As Ethereum, XRP, Dogecoin Weaken

This month, bitcoin rocketed past $120,000 to a record high, making spot and derivatives markets buzz with action. Binance stole the spotlight, leading the charge in both bitcoin and altcoin trades, Cryptoquant figures reveal.

Cryptoquant: Binance Seizes Market Lead Amid Bitcoin and Altcoin Trading Frenzy

The Nasdaq-listed shares of Bitcoin miner Bitfarms pumped Tuesday after the Canadian company announced a share buyback program.

Bitfarms Stock Jumps After Bitcoin Miner Reveals $64 Million Share Buyback Plan

The sixth-largest bank in the US just announced a strategic partnership with Coinbase in a push to massively expand digital asset access for banking clients and institutional investors. PNC says it will allow customers to buy, hold and sell Bitcoin and crypto assets while also providing banking and treasury management services for Coinbase.

Major US Bank Launching Bitcoin and Crypto Wallets ‘For Any Coin' in New Coinbase Partnership

London gang jailed for kidnapping barber over fake crypto fortune—he only had $9, so they settled for $2.7k.

London Gang Convicted of Kidnapping Barber They Thought Was a Bitcoin Billionaire—He Wasn't

BITF is down 55% over the past year as crypto miners continue to recover profitability from the fourth Bitcoin halving in April 2024.

Bitfarms stock spikes after announcing 50 million share buyback, CEO says its Bitcoin business is ‘underappreciated'

Bitcoin Magazine Are Bitcoin Whales Dumping Their BTC? Whale Alert: 80,000+ BTC moved from a 14-year-old wallet sparks fears—are we seeing the start of a major selloff or just one whale cashing out? This post Are Bitcoin Whales Dumping Their BTC? first appeared on Bitcoin Magazine and is written by Matt Crosby.

Are Bitcoin Whales Dumping Their BTC?

21Shares, Fidelity, Franklin Templeton, Galaxy, VanEck, and WisdomTree all submitted their amended proposals Tuesday morning.

Bitcoin and Ethereum ETF issuers file amendments for in-kind redemptions, signaling ‘positive movement' with SEC

The dominant digital asset appreciated slightly as rival cryptocurrencies such as ether and XRP eased after a multiday altcoin rally. BTC Ticks Upward as Altcoins Retreat What goes up must come down, and that was the case on Tuesday as the altcoin rally that kicked off last week started showing signs of slowing.

Bitcoin Edges up as Altcoins Lose Momentum

Tom Lee, CIO of Fundstrat Capital, an asset management firm, has predicted that if bitcoin really becomes a digital gold alternative, its price might go over $1 million in the future to at least reach the current market cap of gold.

Fundstrat's Tom Lee: Bitcoin Could Reach Over $1 Million Becoming ‘Digital Gold'

Ether Machine CEO Andrew Keys on Monday discussed Ethereum's (CRYPTO: ETH) appeal and its strength in comparison to Bitcoin (CRYPTO: BTC). What Happened: In a July 21 interview with CNBC's Squawk Box, Andrew Keys, CEO of Ether Machine, emphasized his strong preference for Ethereum over Bitcoin.

'I'd Rather Have An iPhone Than A Landline', Says Ether Machine CEO About Why He Doesn't Own Bitcoin

Bitcoin Magazine bitcoin++ Privacy-Focused Technical Conference Ahead of Baltic Honeybadger in Riga Developer-focused conference brings cutting-edge Bitcoin privacy technology to Latvia August 7-8, 2025, creating "Riga Bitcoin Week" with Europe's premier Bitcoin-only event. This post bitcoin++ Privacy-Focused Technical Conference Ahead of Baltic Honeybadger in Riga first appeared on Bitcoin Magazine and is written by bitcoin++.

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