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.

Elon Musk has warned it's not possible to solve the U.S.

‘This Is Crazy'—Elon Musk Issues Serious $38 Trillion U.S. ‘Bankruptcy' Warning Amid Growing Bitcoin Price Crash Fears

On Monday, Nov. 3, Strategy's founder and BTC evangelist Michael Saylor revealed his firm had quietly stacked another batch of bitcoin. The move came right after Saylor dropped a sly hint on Sunday, teasing that “Orange is the color of November.

The Buying Spree Never Ends: Strategy Scoops up 397 Bitcoin

Strategy's holdings account for more than 3% of the total 21 million bitcoin supply — worth around $69 billion.

‘Orange is the color of November': Michael Saylor's Strategy buys another 397 bitcoin for $45.6 million

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty.

Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says

Bitcoin BTC$107,829.62 is trading under pressure after registering its first October loss since 2018. Charts indicate growing risk of a deeper decline to $100,000 or below, with consistent bias for put options in the options market.

Crypto Markets Today: BTC Wilts After First Red October Since 2018

Under the five-year, $9.7 billion deal, IREN will provide Microsoft access to Nvidia GB300 GPUs, including a 20% prepayment.

IREN shares surge nearly 30% as bitcoin miner inks $9.7 billion AI cloud deal with Microsoft

Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood County, Texas, alleging that county officials unlawfully placed a municipal incorporation measure on the ballot to target its data center operations.

MARA Sues to Block Texas County Vote Creating Town Around Its Bitcoin Mine

The crypto market remains under pressure and falling in October. Bitcoin has dropped 3% to $107,500 in the past 24 hours, while ETH, XRP, BNB and SOL ha

Bitcoin Drop May Be Warning for Stocks: Crypto Daybook Americas

The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that evolved from bitcoin mining into artificial intelligence infrastructure.

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart IREN Zooms

Jordi Visser, financial analyst and former president of Weiss Multi-Strategy Advisers, explained bitcoin's price movement, saying it has entered a distribution phase after a silent IPO as initial investors sell part of their gains and a new guard takes the torch.

Why Is Bitcoin Going Sideways? The Silent IPO Theory

Bitcoin has slipped under $108,000 as whales take profits and ETFs see outflows.

Bitcoin slides below $108,000 as traders remain cautious, whales take profit, and ETFs experience outflows: analysts

Dogecoin

Ethereum

Cryptocurrencies are down on Monday as total liquidations reached $493.6 million over the past 24 hours. Spot ETFs saw continued outflows, with Bitcoin funds losing $191.6 million and Ethereum funds $98.2 million on Friday.

Bitcoin Drops To $107,000 As Ethereum, XRP, Dogecoin Plummet Over 5%

HIVE Digital Technologies (HIVE) said it hit 23 exahashes per second (EH/s) of bitcoin BTC$107,337.36 mining capacity as it ramps up production to generate income that will fund expansion of its artificial intelligence (AI) computing infrastructure.

HIVE Digital's Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift

Bitcoin BTC$107,568.80 traders, pull up the monthly candlestick chart, which is waving the white flag of indecision like never before, and October's candle says it all.

BTC's Indecision Problem: Here's What the Market is Trying to Tell Us

Matej Zak, CEO of hardware wallet company Trezor, called President Donald Trump's decision to create a national Bitcoin (CRYPTO: BTC) reserve a "good idea," but expressed skepticism about the next steps. Can Bitcoin Fix National Debt?

Trump's Strategic Bitcoin Reserve A 'Good Idea,' Says Trezor CEO, But Highlights Typical 'Politicians' Talk'

Cryptocurrency analyst Willy Woo suggested on Saturday that Bitcoin's (CRYPTO: BTC) underlying bullish structure is strong despite its bearish chart appearance. Analyst Optimistic Despite Bearish-Looking Chart Woo took to X to share their analysis of Bitcoin's current market situation.

Bitcoin Chart Looks 'Bearish,' But 'Risk Is Dropping Behind the Scenes,' Says Popular Analyst

Want to amplify Bitcoin's upside without touching leverage or derivatives? ETFs like $WGMI, $MNRS, and $NODE offer a compelling way to ride the cycle, with built-in diversification and exposure to Bitcoin mining. The following guest post comes from BitcoinMiningStock.

Ride the Bitcoin Bull Without Leverage or Derivatives, Just Miners

The U.S. Federal Reserve (Fed) pumped $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move aimed at easing liquidity concerns and is supportive of risk assets, including bitcoin, it's nothing out of the ordinary.

Why Did Fed Inject $29.4B in Liquidity And What Does it Mean For Bitcoin?

Leading cryptocurrencies dive while stock futures rose on Sunday, in the wake of the U.S.-China trade truce. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Fall As 'Fear' Sentiment Persists: Analyst Says BTC Will Be In 'Good Territory' For New High In November If

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: Cautious Calm Returns to BTC Markets as Traders Rebuild Risk

Google Trends data for the search query “ bitcoin” shows a late-October pop followed by a cool-down into early November.

Google Trends: Worldwide ‘Bitcoin' Interest Cools After October Pop

According to researchers at Cryptoquant, demand for bitcoin and ethereum in the U.S. has cooled significantly across spot and derivatives markets after the September rally. Cryptoquant: Coinbase Premium Drop Signals Fading U.S. Buying Pressure A new Cryptoquant report shows that U.S.

Cryptoquant Report Shows US Bitcoin and Ethereum Appetite Taking a Breather

Robert Kiyosaki has once again advocated for Bitcoin and Ethereum as potential safeguards against an impending significant financial crash. Kiyosaki foresees a worldwide economic downturn in November.

Robert Kiyosaki Suggests Bitcoin, Ethereum As Safe Havens Ahead Of Anticipated Market Crash: 'Millions Will Be Wiped Out, Protect Yourself'

Experts say the real danger to Bitcoin isn't quantum machines—it's human panic and slow preparation.

Quantum Threat to Bitcoin: How Panic Could Break Crypto Before Physics Does

Bitcoin's (CRYPTO: BTC) price hit the $100,000 mark in the early hours of Saturday, despite experiencing its worst performance since 2018 with a 3.7% decline as October concluded. This milestone comes amidst an increase in volatility and outflows from Bitcoin ETFs.

News for Bitcoin Crypto (BTC)