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.

Macro investor and fund manager Dan Tapiero believes that Bitcoin (BTC) is gearing up for explosive rallies as macroeconomic conditions worsen.

Bitcoin Primed To Hit $180,000 Amid Rapid Economic Slowdown Ahead, Says Investor Dan Tapiero – Here's How

The Stacks Asia DLT Foundation has partnered with EVG and Aspen Digital to accelerate the adoption of Stacks, the bitcoin layer two (L2) protocol, across Asia by tapping into high-growth markets, institutional networks, and localized outreach.

Stacks Partners With EVG and Aspen Digital to Expand Bitcoin Layer 2 Adoption Across Asia

The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher.

Bitcoin Traders Eye Breakout to New Highs as Trump Says Tariff Deals Progressing

El Salvador is quietly defying the IMF, accelerating daily bitcoin buys and reinforcing its bold crypto strategy on the global stage. El Salvador Keeps Buying Bitcoin Daily Despite IMF Loan Conditions El Salvador's commitment to bitcoin remains steadfast despite pledges made to the International Monetary Fund (IMF) to curb crypto purchases.

El Salvador Committed to Buying Bitcoin Despite IMF Deal, Minister Says

Metaplanet is following Strategy's playbook with a new Florida-based operation, after consistently buying up Bitcoin this year.

Metaplanet to Establish US Subsidiary, Seeks $250M to Boost Bitcoin Strategy

Last month, President Tinubu signed the Investment and Securities Act (ISA) 2025 into law, officially recognizing Bitcoin and other digital assets as securities.

Nigerian Gov Passes Law Recognizing Bitcoin As A Security

Coinbase is revolutionizing crypto lending with a nationwide rollout of bitcoin-backed loans up to $1 million, unlocking instant liquidity without triggering taxable events.

Coinbase Expands $1M Bitcoin-Backed Loans Nationwide—Global Launch Next

Semler Scientific bolstered its Bitcoin treasury to 3,467 BTC, just days after the Nasdaq-traded firm made its latest purchase.

Publicly Traded Semler Scientific Buys Millions More in Bitcoin

Bitcoin Magazine The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals Why America must treat Bitcoin as a strategic asset—or risk losing ground to China in the next global power race. This post The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals first appeared on Bitcoin Magazine and is written by Spencer Nichols.

The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals

Bitcoin Magazine BlackRock's Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands At the Token2049 conference in Dubai, BlackRock's Head of Digital Assets Robert Mitchnick confirmed a renewal of capital into Bitcoin ETFs citing the growing perception of Bitcoin as a hedge in uncertain markets. This post BlackRock's Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

BlackRock's Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands

Bitcoin Magazine Bitcoin Covenants: OP_VAULT (BIP 345) The fourth article in the Covenant series, examining the OP_VAULT proposal from James O'Beirne and Greg Sanders. This post Bitcoin Covenants: OP_VAULT (BIP 345) first appeared on Bitcoin Magazine and is written by Shinobi.

Bitcoin Covenants: OP_VAULT (BIP 345)

Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries.

Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW

On-chain metrics suggest the ongoing Bitcoin (BTC) rally is looking durable, according to the crypto analytics firm Glassnode. The firm notes on the social media platform X that “first buyers and momentum buyers” continue to demonstrate strong engagement, while profit takers display only a moderate level of activity.

Recent Bitcoin Rally Showing ‘Durability,' According to Glassnode – Here's What the Analytic Firm Means

Dogecoin

Ethereum

Cryptocurrency markets turned red on Wednesday as rising recession fears in the U.S. weighed on risk assets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,087.28 -1.4% Ethereum (CRYPTO: ETH) $1,786.44 -2.1% Solana (CRYPTO: SOL) $145.61 -2.8% XRP (CRYPTO: XRP) $2.18 -4.7% Dogecoin (CRYPTO: DOGE) $0.1714 -4.2% Shiba Inu (CRYPTO: SHIB) $0.00001320 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 3.5% and daily active addresses falling by 10.1%.

Bitcoin, Ethereum, XRP, Dogecoin Slide Into Red As Q1 GDP Slides Into Contraction

Two days prior, onchain analyst ZachXBT noted that the value of XMR climbed following the theft of 3,520 BTC from a single victim. By Wednesday, he suggested the wallet's owner might be “an elderly individual in the U.S.”

‘Elderly' American Allegedly Loses 3,520 BTC in Sophisticated Crypto Heist, Says ZachXBT

An L.A. production company will tell the story of James Howells, who believes his hard drive with $750 million in Bitcoin is buried in a landfill.

Story of Man Who Lost $750 Million Worth of Bitcoin in Landfill Headed to Hollywood

As Bitcoin (CRYPTO: BTC) holds near $94,000, experts are pushing back on the old adage "Sell in May and go away," suggesting that selling now could mean missing the next leg higher. What Happened: Coin Bureau co-founder and CEO Nic Puckrin on Wednesday said that crypto's setup going into May 2025 is far more bullish than in previous years.

Sell Bitcoin, Ethereum, XRP In May And Go Away? Don't Be So Sure In 2025, Expert Says

The chief investment officer of the crypto asset management firm Bitwise says that mainstream banking institutions will launch Bitcoin (BTC) exchange-traded fund (ETF) services by the end of 2025.

Wells Fargo, Morgan Stanley, Merrill Lynch and UBS Will Open Bitcoin ETF Services by End of Year: Bitwise CIO Matt Hougan

Bitcoin will benefit from a U.S. recession if the Federal Reserve slashes borrowing costs and the greenback weakens, André Dragosch said.

US Recession 'Turning Into a Tailwind' for Bitcoin: Bitwise Analyst

Seamus Rocca, CEO of Xapo Bank, called on cryptocurrency banks to position Bitcoin (CRYPTO: BTC) as a viable alternative reserve currency to counter potential currency instability and capital controls in emerging markets. What Happened: In an interview with Benzinga, Rocca highlighted Bitcoin's unique attributes, its decentralized structure, finite supply and blockchain transparency as critical for shielding investors from geopolitical and financial turbulence.

Bitcoin Betters Stocks In Uncertain World, Says Xapo Bank CEO: 'Nobody Can Print More Of It'

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

The Daily: Arthur Hayes doubles down on $1 million bitcoin call, FIFA to launch EVM-compatible blockchain and more

Semler Scientific has increased its bitcoin holdings to 3,467 BTC following a $15.7 million purchase of 165 BTC, achieving a 23.8% year-to-date yield on its bitcoin treasury strategy. Bitcoin Bet Pays Off As Semler Scientific Reports 23.

Semler Scientific Adds 165 BTC, Now Holds Over $330 Million in Bitcoin

Charles d'Haussy, director of the DYDX Foundation, forecasts a Bitcoin (CRYPTO: BTC) price surge to $150,000 by mid-October 2025, followed by a capital rotation into altcoins, driven by clearer U.S. regulations and settling tariff disputes. What Happened: In an interview with Benzinga, d'Haussy shared his outlook for the cryptocurrency market, emphasizing the impact of the Trump administration's policies and global economic shifts on decentralized finance and crypto derivatives.

Bitcoin To Hit $150,000 By October, Says DYDX's Charles d'Haussy

The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump's global trade war. Bitcoin Edges Lower After U.S. Economy Shows Weakness The world's largest economy contracted by 0.

Bitcoin Dips Slightly as US Economy Shrinks

Cross-chain bridge Wormhole will enable Mercado Bitcoin to bring its suite of tokenized products to over 30 blockchains.

News for Bitcoin Crypto (BTC)