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 derivatives markets show significant activity, with futures open interest reaching $76.21 billion and options traders heavily favoring bullish call contracts. Bitcoin Derivatives Heat Up: Futures Open Interest Grows Nearly 6% in 24H The bitcoin futures market represents agreements to buy or sell BTC at a predetermined price on a future date.

Bitcoin Futures Demand Grows as Options Market Bets on Rally

BitMEX founder Arthur Hayes is still bullish on Bitcoin, but he thinks the coin could briefly dive following the impact of Trump's bill.

Trump's 'Big Beautiful Bill' Passes—And Bitcoin Could Fall to $90K, Says Arthur Hayes

Dogecoin

Ethereum

Major cryptocurrencies are consolidating at recently established highs as sentiment remains upbeat due to strong institutional inflows and rising optimism around spot ETF approvals for altcoins. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $109,701.36 Ethereum (CRYPTO: ETH) $2,579.45 Solana (CRYPTO: SOL) $151.69 XRP (CRYPTO: XRP) $2.26 Dogecoin (CRYPTO: DOGE) $0.1709 Shiba Inu (CRYPTO: SHIB) $0.00001186 Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.3% and daily active addresses growing by 2.4%.

Bitcoin, Ethereum, XRP, Dogecoin Hold Steady Ahead of Holiday Weekend — Ideal Time To Hedge Shorts

The crypto firm behind the leading US-dollar pegged stablecoin USDT is looking to make Bitcoin (BTC) mining more sustainable. In a new press release, Tether says it is joining forces with Adecoagro on a renewable energy BTC mining project in Brazil. Adecoagro is a leading South American sustainable production firm.

Tether Teams Up With Sustainability Giant Adecoagro on Renewable Bitcoin Mining Energy Project

Sen. Cynthia Lummis (R-WY) introduced a bill Thursday that would codify many crypto tax perks industry leaders were hoping to include in President Trump's reconciliation bill.

Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill

Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data.

Bitcoin Steady as Stocks Rally After Upbeat Jobs Report

Bitcoin Magazine Bitcoin Miner Riot Produces 450 Bitcoin In June The company saw a 76% year-over-year increase in production, earned $5.6 million in power credits, and ended the month holding 19,273 Bitcoin. This post Bitcoin Miner Riot Produces 450 Bitcoin In June first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Bitcoin Miner Riot Produces 450 Bitcoin In June

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Robinhood CEO clarifies OpenAI ‘stock tokens' after Sam Altman firm slams move, Strategy faces bitcoin-related lawsuit, and more

Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users. What Happened: The legislation, unveiled on July 3, proposes to resolve several long-standing tax complications in the crypto sector, including a $300 de minimis exemption for small transactions, more practical tax treatment for mining and staking, and bringing parity between digital assets and traditional financial instruments.

Crypto Tax Loopholes Closing? A Look Inside 'Bitcoin Senator' Lummis' New Bill

This represents the third straight month Riot mined bitcoin since restarting the activity in April, after the firm took a hiatus beginning in January.

Bitcoin miner Riot Platforms produces 450 BTC, valued at $49.3 million, in June

Cosmos

The altcoin market took a backseat on Thursday as crypto majors bitcoin and ether attempted to rally to new highs.

ATOM Consolidates as Bitcoin Takes Driving Seat, Finds Support at $4.20

Bitcoin Magazine Bitcoin at UATX: A New Era of Intellectual Sovereignty UATX's Bitcoin Endowment and hands-on curriculum defy academia's past. Students mine with Antminer S9s — could this shape Bitcoin's academic future? This post Bitcoin at UATX: A New Era of Intellectual Sovereignty first appeared on Bitcoin Magazine and is written by Juan Galt.

Bitcoin at UATX: A New Era of Intellectual Sovereignty

Bitcoin Magazine Blue Star Capital Secures £1.25M For Bitcoin and Crypto Treasury Expansion The funding will be used to expand SatoshiPay's Bitcoin and crypto treasury and enhance its crypto operations. This post Blue Star Capital Secures £1.25M For Bitcoin and Crypto Treasury Expansion first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Blue Star Capital Secures £1.25M For Bitcoin and Crypto Treasury Expansion

Prominent crypto analyst DonAlt remains bullish not only on Bitcoin (CRYPTO: BTC), but also on Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP), downplaying concerns that summer seasonality will affect market performance. What Happened: In a July 2 podcast, the trader highlighted Bitcoin's tight consolidation near key resistance as a potential setup for its next major move.

Bitcoin, Ethereum, XRP Need Not Worry About Summer Blues As Long As This Critical Support Holds, Trader Says

The price of Bitcoin wavered after a hotter-than-expected jobs report pointed to a resilient U.S. labor market, squashing rate cut hopes.

Bitcoin Seesaws as Hot Jobs Report Extinguishes Rate Cut Hopes

Solana

Corporate crypto treasury strategies offer substantial opportunities but also carry the risk of a damaging feedback loop, according to a Franklin Templeton Digital Assets report. What Happened: The firm noted in its report published on Wednesday the growing number of publicly traded companies adopting crypto treasury models, where businesses raise capital to purchase and hold crypto assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) on their balance sheets.

Bitcoin, Ethereum, Solana Treasury Companies Need To Manage Market Volatility, Franklin Templeton Report Warns

Tether, the digital asset company behind the world's largest stablecoin USDT USDT, is exploring renewable energy-powered bitcoin BTC mining with South American agribusiness firm Adecoagro (AGRO) in Brazil.

Tether to Mine Bitcoin With Adecoagro in Brazil Using Surplus Renewable Energy

Bitcoin ETFs rebounded in force with a $408 million net inflow, marking a sharp reversal from the previous day's outflow. Ether ETFs, meanwhile, posted a minor $1.82 million outflow, weighed down by a large exit from Blackrock's ETHA.

Bitcoin ETFs Bounce Back With $408 Million Inflow

Crypto traders are exhibiting bearish behavior despite bitcoin BTC trading above $110,000 and possibly taking aim at a new record high above $112,000.

Traders Pile on Short Positions as Bitcoin Approaches All-Time High

Adecoagro said it "plans to use this mining project to initiate certain strategic exposure to Bitcoin in its balance sheet."

Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up

A group led by Metaplanet backers seeks to acquire DV8 on Thailand's stock exchange, expanding Bitcoin-on-balance-sheet into Southeast Asia.

Bitcoin Consortium Targets Thai Public Firm in Treasury Strategy Push

Coinone won an appeal to force five of customers to return bitcoin (BTC) they managed to double withdraw from the South Korean crypto exchange over a glitch in 2018.

Crypto Exchange Coinone Wins South Korean Court Battle Over Doubled Bitcoin Withdrawals

Crypto markets could see a shift this July, but analysts emphasize that Bitcoin's (CRYPTO: BTC) movement around the $110,000 mark will determine whether the market breaks higher or stays in a holding pattern. What Experts Are Saying: According to Iliya Kalchev, analyst at Nexo Dispatch, this summer may break from the traditional slowdown seen in past July-to-September periods.

Bitcoin, Ethereum Poised For Bullish July, Experts Say, But Only One Is 'Underowned'

President Donald Trump sent a rush of excitement through the crypto industry when he ordered his administration to get to work on setting aside cryptocurrencies as a long-term investment for the U.S. government. But there's been little to see from that effort, so far, and the officials behind the work seem to be suggesting the wait could be considerable.

Why Doesn't the U.S. Have a Bitcoin Reserve, Yet?

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, believes the recent surge in public companies adopting crypto treasury strategies is unlikely to last. What Happened: In an interview with Blooomberg, Scaramucci said the current wave of firms mimicking Michael Saylor's Bitcoin (CRYPTO: BTC) treasury model is likely to fade over time.

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