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) is trading below the key $78,000 level as analysts debate whether the latest rally is a recovery, or another classic bear market trap. Why Analysts Say This Isn't "Different" In a May 18 podcast, Benjamin Cowen argued that bear markets rarely move in straight lines.

Is This Bitcoin Bear Market Rally Different From The Rest? The Answer May Surprise You

Strategy's total holdings account for over 4% of the 21 million bitcoin supply cap — worth around $65 billion.

‘Big dot energy': Michael Saylor's Strategy buys another 24,869 BTC for $2 billion as total holdings top 4% of bitcoin supply

Crypto majors are falling and the ETFs are seeing an exodus, while SpaceX had a major debut on Hyperliquid.

Morning Minute: Bitcoin Slides Back to $77K on Rising Bond Yields, Oil Spike

Bitcoin Depot Inc. (NASDAQ:BTM) on Monday filed for Chapter 11 bankruptcy and took its entire network of 9,000 Bitcoin ATMs offline, sending the stock down 33% to $0.01 in premarket trading. CEO Alex Holmes said increasingly stringent state compliance obligations, new transaction limits, and outright bans on Bitcoin ATM operations in some jurisdictions made the business model unsustainable.

Bitcoin Depot Files For Bankruptcy, Takes 9000 Bitcoin ATMs Offline

Analysts flagged that geopolitical shocks no longer "hit crypto directly" thanks to institutional transmission via ETF flows.

Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off

Dogecoin

Ethereum

Bitcoin has broken below $77,000, following $290.4 million in net outflows from Bitcoin ETFs on Friday, while Ethereum ETFs reported $65.7 million in net outflows.

Bitcoin Plunges Below $77,000, Ethereum, XRP, Dogecoin Slide 3% In Overnight Crash

The crypto market is caught between a promising regulatory moment and a deteriorating macro backdrop. The Clarity Act cleared the Senate Banking Committee last week, offering the industry its clearest path yet to a comprehensive U.S. regulatory framework.

The three risks that could overwhelm bitcoin's regulatory tailwind

Bitcoin and ether sank after the U.S. president told Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.

Bitcoin slides below $77,000 as Trump's Iran warning rattles risk assets

North America's largest Bitcoin ATM operator cited a hostile regulatory environment and an 'unsustainable' business model.

Crypto ATM Operator Bitcoin Depot Files for Chapter 11 Bankruptcy

Iranian media reported the launch of Hormuz Safe, a bitcoin-settled insurance platform tied to Strait of Hormuz cargo transit.

Iran-linked report says Hormuz Safe bitcoin-settled insurance platform aims to generate $10 billion

Bitcoin Depot (NASDAQ:BTM), one of the world's largest operators of Bitcoin (CRYPTO: BTC) ATMs, said on Monday it has initiated a voluntary Chapter 11 process to wind down operations and sell off its assets. Bitcoin Depot To Close Down Bitcoin Depot filed the proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, adding that all of its network of ATMs has been taken offline.

Bitcoin Depot Shares Crash 70% Pre-Market After Nasdaq-Listed Firm Files For Chapter 11 Bankruptcy

Capital B said it raised a total of $20 million from three capital increase contracts, involving Blockstream CEO Adam Back.

French BTC treasury firm Capital B buys $15 million in bitcoin following raise

Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain.

Bitcoin Flash Crash: Price Slides Below $77K, Triggering $657 Million in Crypto Liquidations

Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.

Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy

State-linked Fars News reported that Iran's economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

Iran may be turning the Strait of Hormuz into a bitcoin insurance market, local reports say

Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.

US crypto ATM operator Bitcoin Depot files for Chapter 11 to wind down business

Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.

Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most

Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

Iran has proposed managing the Strait of Hormuz through an insurance-based model, state media reported on Sunday. Iran's ‘Insurance Plan' For Vessels The model would allow Iran to retain control over the Strait, while also being acceptable to other nations during peacetime, Fars News Agency reported, citing a document obtained from the Ministry of Economy.

Pay Bitcoin, Sail Through Hormuz? Iran Reportedly Proposes Insurance Platform For Ships Passing Through The Strait

Investors are concerned that high oil prices could fuel inflation to the point where the Fed may raise interest rates, analysts say.

Bitcoin drops below $77,000 on Trump's Iran threat, renewed inflation fears: analysts

Leading cryptocurrencies plunged alongside stock futures on Sunday evening after President Donald Trump's latest warning to Iran spooked investors. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Trump's 'Clock Is Ticking' Iran Warning: Analyst Says BTC Can Slip If This 'Important' Support Is Lost

President Donald Trump issued a stark warning to Iran on Sunday, telling the country its time is running out as U.S.-Iran ceasefire talks stall and oil futures hold above $100 per barrel.

Oil Perps Hit $106 on Hyperliquid, Bitcoin Falls Below $77K as Trump Warns Iran: ‘Clock Is Ticking'

Robert Kiyosaki renewed his bitcoin bull case, tying BTC ownership to inflation protection, hard assets, and long-term wealth planning. The Rich Dad Poor Dad author cited oil prices, national debt, and currency weakness while urging investors to consider real assets.

Robert Kiyosaki Reinforces Bullish Bitcoin Outlook Amid Inflation Warning

Iran's Ministry of Economic Affairs and Finance has allegedly launched a bitcoin-powered maritime insurance platform called Hormuz Safe, ostensibly targeting cargo owners transiting the Strait of Hormuz and projecting over $10 billion in revenue for the Islamic Republic.

Bitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $10B Revenue

Crypto traders sold the news following Kevin Warsh's Fed chair confirmation and a successful markup of the CLARITY Act, but dip buyers may save the day.

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