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.

A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million BTC.

NY Court Pauses Default Judgment After Lawyer Argues 39,069 Bitcoin Wallets Were Not Abandoned

The Royal Government of Bhutan has shifted another 738 bitcoin worth roughly $44.88 million on June 6, extending a months-long drawdown of the Himalayan kingdom's state BTC reserves.

Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC

Ethereum

In a brutal week for crypto markets, bitcoin and ether are on track for their biggest weekly losses since the FTX collapse in November 2022. The crypto market lost roughly $390 billion in value as nearly $7 billion in leveraged positions were liquidated.

Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

Bitcoin's next chapter may be shaped by four competing visions for how the network should grow. Strategy Executive Chairman Michael Saylor's framework argues that decisions around adoption, innovation, and decentralization could influence BTC's role in the global financial system.

Michael Saylor Sees 4 Bitcoin Ideologies Testing BTC's Future

Bitcoin (CRYPTO: BTC) and most altcoins like Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA), and Ripple (CRYPTO: XRP) prices have crashed, erasing over $2 trillion dollars in value in the past two years. The crypto market crash intensified this week, with Bitcoin moving slightly below the key support of $60,000.

Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes

Bitcoin is testing a critical support area as investors assess whether the $60,000 level can hold. A strategist said a break lower could bring $55,000 into focus, while maintaining support could help preserve the case for a $100,000 year-end target.

Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target

As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month.

South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021

Bitcoin surged in the wake of President Trump's reelection, pushing to new highs deep into 2025. Now it's down more than 50% from that peak.

Bitcoin Has Dumped All of Its Gains Since Trump Was Reelected—And Then Some

U.S. spot bitcoin exchange-traded funds (ETFs) recorded $326 million in net outflows on June 5, while U.S. spot ether ETFs lost $5.97 million. The fresh redemptions resumed selling pressure barely a day after both products had snapped long outflow streaks.

Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500

Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not support Tom Lee's $250,000 ether prediction.

A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin

The crypto market is currently enduring one of its most painful corrections of 2026.

The Great Repricing: Bitcoin Faces Volatility and Structural Shifts

As bitcoin slipped to its lowest level of 2026, a sizable cache of long-dormant wallets stirred for the first time in years, transferring funds amid pressured market conditions. Roughly 599.76 BTC, valued at $37.04 million, was moved from wallets originally established in 2014 and 2017.

Decade-Old Bitcoin Wallets Reemerge and Shift $37 Million as BTC Hits 2026 Low

The 1LwWt address received a legal notice from Salomon Brothers via Bitcoin's OP_RETURN field in July 2025 demanding the owner prove ownership by November 5, 2025.

Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years

The Strategy executive chairman argued that four distinct camps each play a vital role in bitcoin's long-term success.

Michael Saylor's rallying cry: Bitcoin needs four forces to win

Bitcoin clawed its way back from a sharp weekend sell-off after bears briefly dragged the price to $59,100, triggering a volatile 24-hour swing before buyers reclaimed ground and lifted the asset above $61,600. As of 8 a.m.

RSI Crashes to 16 as Bitcoin Consolidates Near $61,000 After $59.1K Low

Exchange flows and stablecoin movements through this week's sell-off show no wall of money leaving crypto for cash. Exchanges such as Robinhood and Coinbase will not publicly reporting their figures until July.

Are retail traders selling their bitcoin to buy the SpaceX IPO?

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

A kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S.

Hundreds of Millions in Bitcoin at Center of Violent Kidnapping Plot

Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.

Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red

Strategy shares tumbled alongside Bitcoin on Friday as the firm's flagship preferred stock also came under pressure.

Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K

Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022. Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend.

Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout

Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.

Why diehard bitcoin purists aren't sweating the massive price crash that wiped out $200 billion

Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy.

Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

Bitcoin (CRYPTO: BTC) remains under pressure after Strategy's (NASDAQ:MSTR) 32 BTC sale rattled market confidence, tapping $60,000 on Friday afternoon. Ethereum (CRYPTO: ETH) fell up to 9% while XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) dropped 5%, respectively.

Bitcoin Taps $60,000, Ethereum, XRP Fall Up To 9% In Painful Crypto Sell-Off

Zcash

Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.

News for Bitcoin Crypto (BTC)