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.

Dogecoin

Bitcoin pulled back from this week's $81,500 high after U.S. forces fired on Iranian targets, while crypto futures markets logged their 67th straight day of negative funding rates, the longest streak in a decade per K33 Research.

Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record

An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts.

Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis

Chainlink

LayerZero 

It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin

Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink

Cash App's bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto.

Dorsey's Block raises full-year guidance after ‘strong' Q1, records $173 million bitcoin remeasurement loss

Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.

JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict

Ethereum

Bitcoin slipped to $80,000 as bulls look for new buyers to step in to extend the relief rally.

Bitcoin Battles For $80,000, Ethereum, XRP, Dogecoin Lose 2% Despite Middle East Progress

Bitcoin (CRYPTO: BTC) may have already exited its "winter phase," according to industry experts, who argue it will not dive lower than lows set earlier this year. Bitcoin Structure Materially Stronger In an interview with Milk Road Show, Matt Hougan and Ryan Rasmussen said that crypto has not suddenly become risk-free.

Has Bitcoin Already Bottomed? Here's Why Bitwise Execs Say $60,000 Is The Floor

Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran Peace Deal Factor On May 7, bitcoin reversed course, dipping below $80,000 to effectively erase gains made since Monday.

Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs

Bitcoin briefly fell below $80,000 on Thursday as analysts say profit taking has increased among crypto traders.

Bitcoin Dips Below $80K as Analysts Say Profit-Taking Is on the Rise

Strategy Inc. (NASDAQ:MSTR) dropped 4.5% on Thursday as JPMorgan analysts said the company's Bitcoin (CRYPTO: BTC) purchases could reach $30 billion this year at the current pace. Strategy Buying Faster Than 2024 And 2025 Strategy has added 145,834 Bitcoin worth roughly $11 billion year-to-date.

MSTR Plunges 4% As JPMorgan Says Saylor Is On Pace For A $30 Billion Bitcoin Year

Shares in Eric Trump's mining firm American Bitcoin have fallen more than 9% after reporting a quarterly loss of nearly $82 million.

Trump-Backed American Bitcoin Shares Fall After $82 Million Q1 Loss

Bitcoin trades near $81,000 after clearing key on-chain thresholds, with Glassnode flagging $85,200 as the next ceiling.

Bitcoin bulls ‘approaching the ceiling' near $85K resistance with $1.69B ETF inflow streak and macro tailwinds aligned: analysts

VanEck Head of Digital Assets Research Matthew Sigel projects Bitcoin (CRYPTO: BTC) could reach $1 million within five years. The $1 Million Thesis Sigel framed the million-dollar target as VanEck's base case over the next half-decade, driven by demographic trends and young investors' intentions to allocate to Bitcoin.

Bitcoin To $1 Million? 'It's Going To Be Like Video Games,' VanEck's Sigel Says

Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor has said that Bitcoin (CRYPTO: BTC) needs to appreciate by only 2.3% annually for the company to fund its STRC dividends indefinitely by selling small portions of its holdings. The 2.3% Breakeven Threshold Strategy posted a chart comparing two scenarios for its dividend funding model.

Michael Saylor Reveals Bitcoin's Magic Number: Here's How Much Yield He Needs For Strategy's Model To Work Forever

Tokenization and AI agentic finance are the main narratives driving the next bull cycle in crypto, Lee said at Consensus 2026.

Bitcoin ending May above $76,000 would confirm new bull market, Tom Lee says

Real estate billionaire Grant Cardone predicts Bitcoin (CRYPTO: BTC) will hit $189,425 by year-end as Cardone Capital's total Bitcoin holdings reached $200 million after merging $100 million in BTC with a $235 million property transaction. The Oddly Specific Price Target Cardone defended his precise target by pointing out that Bitcoin never lands on round numbers.

Grant Cardone Is Certain: Bitcoin Will Hit $189,425 In 2026

Panelists are split on the four-year cycle's relevance, with year-end price targets varying widely from potentially not reaching a new high to possible targets of $150k or $250k.

The great derivatives disconnect: Why 'negative' funding is actually a bullish signal for Bitcoin

Michael Saylor's Strategy has added 145,834 bitcoin worth around $11 billion so far this year, JPMorgan analysts noted.

JPMorgan says Strategy's bitcoin buying could reach $30 billion this year at current pace

Bitcoin (CRYPTO: BTC) pushed back above $80,000, and retail traders are getting louder: Santiment data shows bullish social commentary has climbed to its highest level in roughly four months. The crypto analytics firm says bullish Bitcoin comments now outpace bearish ones by a 1.37-to-1.00 ratio across social media.

Retail Bitcoin Traders Get Louder: Here's Why Sentiment Is The Most Bullish In 4 Months

A related MVRV indicator hit overheated levels last seen before bitcoin's late-2024 push to $100,000.

Bitcoin tests Bollinger Bands breakout as creator flips bullish on BTC

Bitcoin (CRYPTO: BTC) fell 22% in Q1, according to ARK Invest's latest Bitcoin Quarterly report, yet long-term buyers are stepping in hard. Long-Term Holders Continue Accumulating ARK's read is not "Bitcoin is dead.

Cathie Wood's ARK Invest Has 2 Good News And 1 Bad News For Bitcoin

John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin.

‘Fully Invested': Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market

Crypto analyst Benjamin Cowen is cautioning that Bitcoin could still be at risk of setting a new cycle low later this year, pointing to historical patterns from previous bear markets.

Benjamin Cowen Issues Bitcoin Warning, Says There's ‘Certainly a Chance' New BTC Low Is Incoming – Here's His Timeline

Spot Bitcoin ETFs hit $108.76 billion in net assets as five weeks of inflows and fading put skew signal institutional demand is back.

News for Bitcoin Crypto (BTC)