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.

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Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners

Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.

Bitcoin traders load up on bearish bets all the way down to $52,000

Crypto dropped across the board on Friday in holiday-thinned trading, giving back the week's gains. With oil down 9% and the Iran deal signed, the question turns to whether this cycle gets an altseason at all.

Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades

Dogecoin

Ethereum

Leading cryptocurrencies fell, while stocks rebounded on Thursday as investors parsed the hawkish pivot in the Federal Reserve's policy.

Bitcoin, Ethereum, XRP, Dogecoin Slide Further Amid Fed's Hawkish Shift: Analyst Paints This Upside Target For BTC If It Holds $64,000 As Support

Bitcoin rebounded from a steep June decline, but Glassnode data shows the asset remains below key recovery levels. Recent buyers are still carrying unrealized losses, while capital flows have yet to turn positive.

Bitcoin Trades 15% Below Critical On-Chain Level After June Selloff

Coinbase CEO Brian Armstrong reiterated his long-term confidence in bitcoin, saying he remains long the asset and expects much higher prices by 2030. In comments shared alongside a video, Armstrong described bitcoin as “the new digital gold” and pointed to historical market cycles as part of his outlook.

Coinbase CEO ‘as Bullish as Ever' on Bitcoin, Expects Much Higher Prices by 2030

Bitcoin transactions below 0.01 BTC now make up about 80% of all daily transactions, up from about 44% in 2023, CryptoQuant said.

CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions

The Electric Reliability Council of Texas says data centers account for nearly 90% of the 438 GW of large-load demand in the state.

New Texas power grid allocation framework could lift bitcoin miners turned data center operators

Bitcoin extended losses as markets reacted to a hawkish Federal Reserve stance under new Chair Kevin Warsh, boosting the U.S. dollar and weighing on risk assets.

Bitcoin Plunges To $63,000 Ethereum, XRP, Dogecoin Retreat 5% The Day After Chair Warsh Takes Over

Bitcoin (CRYPTO: BTC) briefly bounced to $65,000 following the Iran peace deal, but Glassnode's weekly report shows 95% of recent buyers remain underwater, with the market still in bear territory. Why Did The Peace Deal Bounce Bitcoin But Not Fix The Chart?

Bitcoin Sheds Post-Iran Deal Gains, Drops To $63,000: When Will The Bear Market End?

BlackRock's new BITA ETF uses a covered-call strategy on its spot Bitcoin ETF holdings to generate monthly income.

BlackRock Executive Calls Bitcoin “Too Big to Ignore”, Discusses New Bitcoin Premium Income ETF

The crypto miner has signed a landmark three-year GPU contract with Bell Canada and Cohere—as Canada races to build AI systems it actually owns.

HIVE Stock Spikes as Bitcoin Miner Lands $220M AI Infra Deal

Federal Reserve Chairman Kevin Warsh used his debut press conference on June 17 to strip away decades of central bank communication habits, and markets spent the following day sorting out what that means for rates, risk, and bitcoin. Rates Hold, Statement Shrinks The Fed held the federal funds rate at 3.50% to 3.

New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5%

JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.

JPMorgan says bitcoin mining economics have ‘worsened' as BTC trades below production cost

Bitcoin tumbled 5% to $62,000, hitting an intraday low of $62,236 and marking a 7.5% drop since June 15. Bitcoin Erases Gains Following U.S.-Iran Peace Accord On Thursday, bitcoin tumbled to $62,000, wiping out gains made initially on rumors of peace between Iran and the U.S., and later after the formal announcement of an accord.

Bitcoin Slides to $62k as Traders Dump Risk, Wiping out Iran Peace Rally Gains

There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy's preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail.

STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It

Strategy's flagship preferred stock is facing pressure, but analysts say that's not yet an existential threat for the Bitcoin treasury giant.

Why Bitcoin Titan Strategy's STRC Is Falling to New Lows

Mexican billionaire Ricardo Salinas says Bitcoin (CRYPTO: BTC) remains his preferred financial asset, arguing that fiat currencies are being debased globally. Investors should treat crypto more like long-term property than a short-term trade, according to the billionaire.

Mexican Billionaire Keeps 70% Of Liquid Portfolio In Bitcoin: 'As Soon As I Get Fiat, I Turn It Into BTC'

Prediction market traders don't see Bitcoin or Ethereum making their next big moves to higher price targets.

Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision

Bitcoin (CRYPTO: BTC) dropped back below $63,000 on Thursday as the broader crypto market shed 4%. Why Is Crypto Falling While AI Stocks Hit New Highs?

Bitcoin Plunges To $62,500, Ethereum, XRP Lose 5%: What Is Going?

Bitcoin price fell to around $62,000 after a hawkish Federal Reserve outlook dampened risk appetite.

Bitcoin Price Falls to $62,000 as Hawkish Fed Shift Raises Risk of Deeper Pullback

Everyday investors that own Strategy's STRC have been drawn to double-digit yields, but the preferred stock's volatility has shaken some.

Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling

Bitdeer, BitFuFu, Canaan and CleanSpark posted May bitcoin production updates, with combined output of 1,859 BTC and diverging strategies.

Bitcoin miners Bitdeer, CleanSpark and more report mixed May output as AI buildouts impact hashrate growth, treasury models

Bitcoin's 4-year cycle makes DCA costly. Learn why a cycle-smart strategy is essential for advisors to better manage volatility and maximize client returns.

Crypto for Advisors: Trading the bitcoin cycle

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) are rebounding from one of the industry's deepest downturns, but StarkWare co-founder and Zcash creator Eli Ben-Sasson says crypto still faces an existential question. "Worst Crypto Winter" In a series of posts on X and a recent Privacy Podcast appearance, Ben-Sasson described the current downturn as “the worst crypto winter” he has witnessed since entering the industry in 2013.

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