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.

Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S.

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk

Bitcoin (CRYPTO: BTC) shed 245,000 wallets in five days, the fastest holder decline in nearly two years, as BTC holds just below the critical 200 EMA at $82,041. Capitulation Fuels Bull Runs The wallet exodus marks the sharpest drop since summer 2024, when Bitcoin lost over 964,000 wallets across five weeks before launching into the bull run that followed, according to Santiment.

Bitcoin Lost 245,000 Holders in 5 Days—But That's Actually Bullish And The Data Proves It

Nvidia gains rights to invest up to $2.1 billion in IREN as companies race to lock down massive AI compute capacity.

Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option

Former pure-play bitcoin miners like TeraWulf are starting to report AI and HPC revenue overtaking their mining segments.

TeraWulf's $21 million HPC revenue surpasses bitcoin mining for first time in Q1

Bitcoin briefly plummeted to about 2 cents on Revolut due to what the financial platform described as a third-party service disruption.

Bitcoin Price Crashes Near Zero on Revolut, Blamed on Third-Party Service Disruption

Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.

Bitcoin rally cools as April jobs fails to break macro ceiling with Iran tensions and ETF outflows in play

Dogecoin

Ethereum

Bitcoin is trading around $80,000 as Middle East tensions escalate and ETFs reverse course with significant outflows, breaking five consecutive days of heavy inflows. Bitcoin ETFs saw $277.5 million in net outflows on Thursday, while Ethereum ETFs reported $103.5 million in net outflows.

Bitcoin At $80,000, Ethereum, XRP, Dogecoin Wobble On Middle East Tensions

Friday's U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March's 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters.

U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party

Cryptocurrency advocates trying to make the Swiss ​National Bank hold bitcoin in its reserves are set to drop their campaign after ‌failing to get enough signatures to trigger a referendum.

Campaigners drop bid to make Swiss National Bank hold bitcoin

BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.

Bitcoin retreats below $80,000, liquidating $300 million in futures bets

Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.

Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch

As Wall Street chases upside in stocks like never before, the implications for bitcoin appear bullish, though with an important caveat.

S&P 500 call options volume surges to record $2.6 trillion. Here's what it means for bitcoin

CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery.

Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking

Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of bitcoin during the quarter, marking a significant addition to the publicly listed exchange's corporate treasury. Strong Accumulation Signal Coinbase, the only major U.S.

Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026

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

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.

News for Bitcoin Crypto (BTC)