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.

This week was a rollercoaster ride in the world of cryptocurrency. From predictions of a bearish summer for Bitcoin to the end of the crypto winter, the market was buzzing with activity.

Weekend Round-Up: Bitcoin's Bearish Summer, Saylor's BTC 'Ruse' And The End Of Crypto Winter

Bitcoin traded in a narrow consolidation range on May 17 as traders monitored whether support near $77,700 could stabilize the broader bullish structure after the recent pullback from the $82,800 high.

Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K

VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving transactions without synthetic wrappers, targeting growing institutional demand for native DeFi on the original blockchain system.

DeFi's new front: VerifiedX bets bitcoin's next chapter is programmable, private

Abu Dhabi's massive sovereign wealth fund, Mubadala Investment Company, has expanded its footprint in the U.S. spot Bitcoin market.

Abu Dhabi's Mubadala Boosts Bitcoin ETF Holdings to $566M

Abu Dhabi's Mubadala Investment Company raised its stake in Blackrock's Ishares bitcoin ETF by 16% in Q1 2026, disclosing ownership of 14.7 million shares valued at $565.6 million. Quarter by Quarter Mubadala's bitcoin ETF exposure has grown in every reporting period since it first appeared in disclosures.

UAE's Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

While reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI) told the media the firm does not “recall” the last time the entity sold BTC.

DHI CEO Says Bhutan Has No Recollection of Selling BTC Despite Balance Drop Flagged by Arkham

Bitcoin (CRYPTO: BTC) has lost momentum over the past few days. It retreated to $78,140 in Saturday, down from this month's high of $82,553.

Bitcoin Price Flags Alarming Patterns As BTC ETFs Outflows Hit $1 Billion

Ethereum

Abu Dhabi-based Mubadala added over $90 million to its already sizeable position in BlackRock's iShares Bitcoin Trust ETF.

Harvard dumps ether ETF as Abu Dhabi sovereign fund keeps adding to bitcoin positions

Rap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world's most talked-about verse inside a single boastful cut called “Dust.

Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer' on New Track ‘Dust'

Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities.

Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran

Cameron and Tyler Winklevoss have executed their boldest financial maneuver yet.

Winklevoss Twins Inject $100M in Bitcoin to Back Gemini's Future

Michael Saylor's bitcoin acquisition company Strategy has confirmed it could be about to sell some of its $63 billion worth of bitcoin

Strategy Quietly Confirms Shock Plan To Sell Bitcoin, Sparking Sudden Price Crash ‘Panic'

Solana

A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.

Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%

Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists bitcoin sales as a possible funding source, renewing focus on its treasury strategy. Strategy Details $1.5 Billion Convertible Note Repurchase Plan On May 15, Strategy Inc.

Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal

Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.

Bhutan ‘doesn't recall' selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown

Organizers of the Bitcoin Open have confirmed the June 8, 2026 date at Glen Abbey Golf Club in Oakville, Ontario, during the venue's 50th anniversary year. The event combines a team scramble golf tournament with an evening Texas Hold'em poker tournament.

Bitcoin Open Heads to Iconic Glen Abbey Golf Club for June 8, 2026 Event

Chainlink

The Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million.

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while XRP and solana products continued to attract steady capital.

Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B

Dogecoin

Bitcoin slipped back below $80,000 on Friday as traders locked in profits and broader crypto sentiment cooled. The Crypto Fear & Greed Index dropped to 46, keeping sentiment in neutral territory despite renewed volatility across major cryptocurrencies.

Bitcoin Drops To $79,000, Ethereum, XRP, Dogecoin Pull Back Gains But Trader Says 'Not A Panic Level'

Bitcoin's drop below $79,000 was driven by a sharp swing in global risk sentiment after the U.S.–China summit ended without progress and fresh Middle East tensions rattled markets.

Bitcoin Slides Below $79K as Trump's Iran Threat Sends Oil Past $105

Mubadala Investment Company boosted its stake in BlackRock's iShares Bitcoin Trust by 16% in Q1 2026.

Abu Dhabi's Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

Bitcoin Depot issued a “going concern” warning, signaling severe uncertainty over its ability to survive the next 12 months.

Bitcoin Depot Flashes Bankruptcy Warning as ATM Revenue Falls, Regulatory Scrutiny Grows

Cameron and Tyler Winklevoss announced a $100 million Bitcoin-funded investment into Gemini alongside a Q1 earnings report showing 42% year-over-year revenue growth.

Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future

Bitcoin's (CRYPTO: BTC) recent rally toward the $74,000-$87,000 region fits a classic counter trend bounce rather than the start of a new bull market, according to a prominent analyst. Why Is A Summer Weakness Predicted Crypto analyst Kevin who earlier called Bitcoin's rejection near $120,000-$125,000 says the market may still face another major leg lower before the next true bull cycle begins.

This Analyst Called Bitcoin's Top At $125,000—And Now He's Calling For A Bearish Summer

IREN, a prominent Bitcoin mining firm, completed a $3 billion convertible notes offering to accelerate its AI cloud infrastructure buildout.

News for Bitcoin Crypto (BTC)