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.

Strategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor doubled down on his long-running Bitcoin (CRYPTO: BTC) thesis, arguing that it has already won the global digital monetary race due to its massive network effects and institutional adoption. "There's no second-best crypto asset," Saylor said during a recent interview.

Michael Saylor Says Bitcoin Has No Competition: 'There's No Second Best Crypto Asset'

One of the few analysts who accurately called Bitcoin's 2025 top believes BTC needs to hold one key level to avoid a price collapse. The pseudonymous analyst KillaXBT tells his 201,600 followers on X that Bitcoin may attempt to break through resistance around the $80,000 level in the near term.

‘Bulls Don't Want To Lose This' – Analyst Outlines Key Level for Bitcoin To Avoid Sparking a New BTC Leg Down

Strive bought 1,109 bitcoin last week, raising its total holdings to 16,500 BTC and strengthening its place among major public corporate holders. The company is also reviewing new capital-raising tools as it prepares to expand its bitcoin-linked treasury strategy.

Strive Buys 1,109 Bitcoin as Treasury Rises to 16,500 BTC

Bitcoin BTC$73,288.76 fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S. and Iran rattled global markets, pushing oil higher and dimming hopes for a permanent ceasefire.

U.S.-Iran strikes rattle global markets, send bitcoin to 6-week low

Ethereum

Bitcoin (CRYPTO: BTC) is down 2% over the past 24 hours, falling below its bear market resistance band in what resembles previous midterm-year fakeouts, according to crypto analyst Benjamin Cowen. Why Traders Are Watching This Level In a podcast on Wednesdyay, Cowen said Bitcoin's move above the 20-week SMA near $74,000 and the 21-week EMA lacked the follow-through typically seen during true trend reversals.

Bitcoin Plunges To $73,000s, Ethereum, XRP Lose Over 3% As Crypto Sell-Off Accelerates

The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.

Bitcoin's famous CME gaps are about to disappear, though three remain unresolved

The near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.

Bitcoin Slips Under $73K as Crypto Liquidations Near $1B

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran.

US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse

With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver. This article first appeared in The Energy Mag. The original article can be viewed here.

The Future of Bitcoin Mining Is Bigger Than Bitcoin

Spot bitcoin ETFs saw their largest outflows on Wednesday since late January, with IBIT posting its biggest daily net outflow on record.

Bitcoin falls below $73,000 as BlackRock's BTC ETF sees largest outflows since debut

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

Bitcoin drops below $73,000 as US strikes on Iran spark $1 billion liquidations

BTC spot volume has plunged across major exchanges, reviving comparisons with the late-stage bear market conditions that preceded the 2023 recovery. Binance activity fell from $198.6 billion to $36.4 billion, part of a broad market slowdown.

BTC Volume Collapse Echoes Setup Before 2023 Bullish Recovery

Dogecoin

Leading cryptocurrencies fell sharply on Wednesday, while stocks rallied to record highs with no breakthrough in sight for a U.S.-Iran deal.

Bitcoin, Ethereum, XRP, Dogecoin Tumble Amid Report Of Fresh US Strikes On Iran: Analyst Flags 'Structurally Fragile Setup' Developing For BTC

With bitcoin down roughly 2.8% over the past seven days and the price touching a weekly low of $74,530 per coin, sleeping bitcoin wallets continue to awaken and relocate long-held funds. At block height 951160, 103.96 BTC valued at $7.8 million at current exchange rates moved for the first time in more than 12 years.

Another Set of Long-Silent Bitcoin Wallets Move Millions During BTC Decline

ARK Invest CEO Cathie Wood reaffirmed her firm's base case Bitcoin price target of $750,000 by 2030, citing generational wealth transfer, emerging market insurance, and accelerating institutional adoption as key drivers.

Cathie Wood Doubles Down: ARK Invest Sets Bitcoin Base Case at $750,000 by 2030

If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk's combined entity would hold billions of dollars' worth of Bitcoin.

Here's How Much Bitcoin Elon Musk Would Control If SpaceX and Tesla Merge

IREN climbed within 10% of a fresh all-time high after unveiling another major AI infrastructure expansion tied to Dell.

Bitcoin miner-to-AI boom sends stocks soaring as Cipher and Hut 8 hit fresh highs

At the time of writing today, Strive, Inc.'s SATA preferred stock program bought roughly 490 BTC in a single day.

Strive's SATA Tops Estimated 490 Bitcoin in a Single Day — More Than the Entire Daily Mining Supply

Kraken launched Bitcoin Vault on Wednesday, giving long-term bitcoin holders a way to earn up to 2.5% annual percentage yield on idle BTC without selling or giving up price exposure.

Kraken Rolls out Bitcoin Vault With 2.5% APY for Long-Term BTC Holders in the US

Crypto's "rising tide lifts all boats" mantra has broken, according to a prominent analyst, who argues that liquidity has become too scarce in the industry. Major Shifts Reshaping Market Analyst Crypto Cred explained on May 26 that the crypto market has fundamentally changed, pointing to four major shifts reshaping the market: The explosion of new coins and near-zero barriers to launching tokens.

Bitcoin, Ethereum, XRP Volatility Hits Multi-Month Lows: Why Does Crypto Feel Dead?

Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.

Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes

A Miami man is facing multiple felony charges after allegedly stealing nearly $2 million in bitcoin from a former employer, with the theft going unnoticed for years as the funds remained locked in a safe.

Miami IT Worker Arrested in $1.9 Million Bitcoin Theft from Former Boss

Bitcoin trended downward on Wednesday, dropping beneath the $75,000 threshold to trade at $74,570 at the time of writing. This slide erased nearly 3% of its weekly value and dragged its market capitalization back below $1.5 trillion.

News for Bitcoin Crypto (BTC)