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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.

Bitcoin (CRYPTO: BTC) soared to a new peak of $73,709 on Wednesday morning, marking its fourth high in just six days, fueled by a surge in investments into U.S.-based exchange-traded funds (ETFs) associated with the digital currency. The surge coincides with the total net inflow into Bitcoin spot Exchange-Traded Funds (ETFs) reaching an unprecedented $1.05 billion on March 12.

Bitcoin Breaks $73,000 Mark, Reaching 4 New Highs In Less Than A Week

BitGo users will now have the capability to replace transactions that are currently stalled with higher fees.

BitGo Rolls Out RBF Integration for Faster Bitcoin Transaction Processing

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $73,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $4,000 mark this morning.

Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers

The price of Bitcoin (BTC) has risen steadily since reaching the psychological price level of $70,000. Price analysis by Coinidol.com.

Bitcoin Continues Its Steady Rise And Aims For The $80,000 Level

As bitcoin's price reaches new heights, attention is turning to its upcoming "halving" and whether it is playing a role in its ascent.

Bitcoin halving: When will it happen and what does it mean for the price?

On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks (23.3%), elevating its market cap to an impressive $1.43 trillion.

Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal

BlackRock's IBIT witnessed its largest daily inflows of $849 million on Tuesday while generating a record $4 billion in trading volume.

BlackRock's spot bitcoin ETF crosses $15 billion in AUM amid record inflow and volume

We are living in a time marked by increasing financial instability and growing concerns about mental health. A discourse has begun, aiming to address both issues, and it is converging on the intersection of bitcoin and psychedelic research.

The Converging Interest Between Psychedelic Therapy And Bitcoin

Spot bitcoin exchange-traded funds took in 14,706 BTC, or over $1 billion, in net inflows on Tuesday, data tracked by BitMEX Research shows.

Bitcoin Eyes $74K as BTC ETFs See Record $1B in Net Inflows

Prominent cryptocurrency research analyst Pierre Rochard, VP of Research at Riot Platforms (NASDAQ: RIOT), has sparked a debate online over claims that the White House's 2025 budget, under President Joe Biden, projects a highly optimistic price target of $250,000 for Bitcoin (CRYPTO: BTC) by 2035. BREAKING Biden's 2025 budget is very bullish on #Bitcoin , the White House expects $250k by 2035.

White House Secretly Bullish On Bitcoin? Crypto Analyst Makes Bold Claim Based On 2025 Budget But Gets Community-Noted

Canadian rapper Aubrey Drake Graham, better known as Drake, the music artist with an Instagram following of over 146 million, shared a segment of an interview featuring Michael Saylor, the co-founder of MicroStrategy, with his audience on Tuesday. What Happened: In the brief video originally aired on CNBC, Andrew Ross Sorkin engages with Saylor on the subject of Bitcoin (CRYPTO: BTC).

Now, Drake Endorses MicroStrategy CEO Michael Saylor's Bitcoin Strategy Of 'Buying It To Hold It 100 Years'

Longtime crypto skeptic JPMorgan chief executive Jamie Dimon says he will never buy Bitcoin (BTC) even as the digital asset soars to a new all-time high (ATH). In a new Reuters report, Dimon continues his criticism of Bitcoin during remarks at the Australian Financial Review business summit during a live stream from New York.

Jamie Dimon Says He Won't ‘Personally Ever Buy a Bitcoin' As BTC Skyrockets to New All-Time High: Report

On March 12, net bitcoin ETF inflows hit over $1 billion — a new daily record — according to data from BitMEX Research.

Spot bitcoin ETF inflows net record $1 billion in a single day

Bitcoin (BTC) is headed for a sell-side liquidity crisis, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 336,400 followers on the social media platform X that Bitcoin bears “can't win this game” until spot Bitcoin exchange-traded fund (ETF) inflow stops.

CryptoQuant CEO Says Bitcoin Will Witness Supply-Side Crisis Amid Massive BTC Accumulation – Here's When

Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region's position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong's status in the global cryptocurrency market. Approving Spot Ethereum ETFs Ahead the U.S.

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs

Bitcoin (BTC) miners are reaping record profits, with daily mining rewards reaching a record-breaking $78.89 million on March 11, according to data from Blockchain.com.

Bitcoin Miner Revenue Reaches All-Time Highs

First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022.

SEC Orders First Trust-SkyBridge to Declare its Bitcoin ETF Application Abandoned

Bitcoin (BTC) prices dipped after hotter-than-expected inflation data from the US sparked concerns about delayed interest rate cuts from the Federal Reserve.

Bitcoin Price Dips 5% After CPI Data Shows Inflation Still High

Coinbase CEO Brian Armstrong has offered up Bitcoin (CRYPTO: BTC) as a potential solution to the surging national debt of the United States. What Happened: His remarks were in response to a tweet by analyst Robert Sterling, who highlighted the rapid increase in national debt through a color-coded chart.

Coinbase CEO Has A Solution For Fixing National Debt: 'You Can Buy Bitcoin..Save The US Long Term'

President Nayib Bukele of El Salvador has indicated that his country's bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country.

El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates

Dogecoin

Ethereum

Major cryptocurrencies took a slight breather on Tuesday evening amidst a sudden surge of volatility in the cryptocurrency market. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Drop Amid Hotter-Than-Expected CPI Data: Analyst Says The Next Key Level For King Crypto Is $83K

From the Andes to the Amazon, unbanked communities in Peru are using bitcoin, and it's having a notably positive effect on them.

Unbanked Bitcoin Users In Peru Are Changing Their Communities

Rich Dad Poor Dad author Robert Kiyosaki has warned that the biggest bubble in history will wipe out baby boomers, emphasizing that the stock market is set to crash.

Robert Kiyosaki Warns Biggest Bubble in History Will Wipe Out Boomers — Advises Buying ‘Real Assets' Like Bitcoin

The top American rapper reposted Saylor's interview on Bitcoin's potential after the digital asset crossed $72,000.

Drake Shared Michael Saylor's Bullish Take on Bitcoin to His 146 Million Instagram Followers

Blackrock, the world's largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund's crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management (AUM).

News for Bitcoin Crypto (BTC)