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.

The CFTC opened a historic path for bitcoin perpetuals to trade on U.S.-registered venues, bringing a major crypto derivatives structure under federal oversight. The move creates the first regulated pathway for spot BTC-linked perpetual contracts in the United States.

CFTC Takes Historic Step to Approve First True US Bitcoin Perpetual

Bitcoin (CRYPTO: BTC) whale accumulation is contracting at the fastest pace this year as CryptoQuant warns the setup mirrors March 2022 bear market conditions. Whale Balances Shrinking While Dolphin Growth Stalls Whale balances—wallets holding 1,000 to 10,000 Bitcoin—are shrinking year-over-year at the steepest rate of this cycle, matching the 2022 bear phase when accumulation first stalled before turning negative.

Bitcoin Whale Accumulation Plummets To 2022 Levels: Why The Bear Market May Get Worse First

Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.

Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee

The CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.

CFTC Approves Bitcoin Perpetual Futures on Prediction Market Kalshi

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Live markets: Bitcoin slides further, putting two-month winning streak in jeopardy

Strategy Inc. (NASDAQ:MSTR) on Thursday deposited 411 Bitcoin (CRYPTO: BTC) worth $30.3 million into Coinbase Prime, pushing Polymarket odds of the company selling Bitcoin before year-end to 84%. Le Acknowledges Bitcoin Sale Is Possible, But Frames It As Accretive Strategy CEO Phong Le addressed the sale speculation directly in a Fox Business interview the same day.

Strategy Moves Bitcoin To Coinbase: Here's What It Means For MSTR

While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade. In total, 665 BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015.

Dormant Holders Unleash $7.6B in Bitcoin Aged 5 to 15 Years Across 2026

An unknown actor etched the full text of the U.S. Constitution onto the Bitcoin blockchain in a $83 transaction, permanently embedding it within the network.

Someone Just Inscribed the U.S. Constitution onto the Bitcoin Blockchain

Bitcoin (CRYPTO: BTC) has dropped roughly $10,000 in recent weeks, falling from around $83,000 to near $73,000 after rejecting almost exactly at its 200-day moving average. Why BTC Looks Vulnerable Crypto analyst Benjamin Cowen said on May 29 this rejection mirrors similar bear market setups in 2018 and 2022, when Bitcoin rallied into the 200-DMA before rolling over again.

Bitcoin Drops $10,000 In 3 Weeks: Where Is The Bottom?

Texas has appointed a five-member advisory committee to oversee its Strategic Bitcoin Reserve as the state prepares to transition from ETF exposure to directly custodied bitcoin.

Texas Names Bitcoin Reserve Advisory Committee as State Eyes Direct Bitcoin Custody

A closely-watched bitcoin bull has outlined how U.S.

‘They're Going To Print An Insane Amount'—U.S. Dollar Collapse Predicted To Spark A $1 Million Bitcoin Price Boom

Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 billion from the complex. Three Consecutive Weeks Of Outflows, $2.3B Gone In May Alone This week alone has seen $1.3 billion exit the funds, extending a three-week outflow streak.

Bitcoin ETFs Lose $2.8 Billion In 9 Days: What Is Going On With Institutions?

Cooling demand for Bitcoin ETFs adds to declining accumulation by whales, underscoring a trying time for the crypto market.

Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak

Strategy pioneered the corporate Bitcoin treasury model in 2020, helping turn company balance sheets into a nearly $100 billion source of Bitcoin demand.

Michael Saylor's Next Big Bitcoin Bet Is Strategy's STRC

Bitcoin BTC$73,547.94 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers.

Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand

The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.

Bitcoin ETF outflows reach record nine-day streak as investors pull $2.8 billion

Bitcoin's failed breakout above $83,000 is looking increasingly like a bear market signal, even as S&P 500 and Nasdaq futures notch gains and approach all-time highs.

Bitcoin slides to April lows as crypto diverges from record-chasing U.S. equities

Crypto trader and analyst Michaël van de Poppe believes one main factor is preventing Bitcoin (BTC) and other digital assets from having massive break outs. Van de Poppe tells his 821,300 followers on X that the crypto market is being weighed down by the global economic impacts of the US-Iran conflict.

Analyst Michaël van de Poppe Sees One Macro Overhang Limiting Bitcoin and Altcoin Rallies – Here's His Outlook

Anthony Pompliano, CEO of Professional Capital Management, suggested on Thursday that buying Bitcoin (CRYPTO: BTC) when it's out of favor could be a good contrarian play. Will An Underwhelming BTC Excite Investors?

Anthony Pompliano Calls Bitcoin A 'Dog With Fleas' And That's Why People 'Should Be Interested'— But Is The Crypto Market 'Broken'?

Ethereum

Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.

Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears

A new Quantus report says the crypto industry is not moving fast enough to prepare for quantum computers that could break today's signature systems. The report warns that bitcoin, ethereum, and other major networks face a difficult migration problem because public keys live permanently on-chain.

Quantus Warns Quantum Computers Could Threaten $2T in Bitcoin and Crypto Assets

A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.

Bitcoin's record holder supply hides a buyer drought, CryptoQuant says

Dogecoin

Leading cryptocurrencies diverged from the stock market on Thursday, even as investors dissected reports of a ceasefire between the U.S. and Iran.

Bitcoin, Ethereum, XRP, Dogecoin Stall Over Iran Ceasefire Uncertainty: Analyst Suggests BTC Buyers Could Be Taking 'Control'

As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.

Calamos bets protected Bitcoin ETFs can outlast crypto market swings

Bitcoin holding structure continues to deteriorate as whale and dolphin BTC balances have stalled, CryptoQuant said.

News for Bitcoin Crypto (BTC)