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.

Crypto ETF flows rebounded on Thursday, July 2, with bitcoin ETFs drawing $221.72 million, their largest inflow since May 5 and the first positive session after 10 straight days of outflows. Crypto ETFs Turn All Green as Bitcoin, Ether, XRP and Solana Attract Fresh Capital The crypto exchange-traded fund (ETF) market finally caught a bid.

Fidelity's FBTC Leads $222 Million Bitcoin ETF Rebound After 10 Days of Outflows

BlackRock's IBIT was the only fund to see net outflows on Thursday, shedding $40.4 million and continuing its negative streak.

US bitcoin ETFs break 10-day negative streak with $222 million worth of inflows

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies.

Live updates: More bitcoin is now held at a loss than at a profit

Spot ETFs had their strongest inflow day in two months, driven by funds other than BlackRock's IBIT.

Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak

Ireland's Criminal Assets Bureau (CAB) reportedly pulled another 500 bitcoin out of a decade-dormant wallet this week, bringing its 2026 recovery total from a single cannabis dealer's stash to 1,500 BTC, worth more than $92 million at current prices.

Ireland's CAB Cracks Third Bitcoin Wallet, Recovers $31 Million From Cannabis Grower

Ethereum

Solana

Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.

Ether and solana extend gains as a short squeeze lifts bitcoin toward $62,000

Spot bitcoin exchange-traded funds experienced a record $4.5 billion in net outflows in June, marking the worst monthly withdrawal since their 2024 approval. Record Outflows Hit Bitcoin Funds Net outflows from spot bitcoin exchange-traded funds (ETFs) topped $4.5 billion in June 2026, making it the worst monthly withdrawal since their approval in early 2024.

Experts Say June $4.5B ETF Exit Reflects Macro Shift, Not Bitcoin Weakness

Nigeria's Economic and Financial Crimes Commission (EFCC) has charged Usie Otukpa Osang with eight counts of fraud for his alleged role in a multimillion-dollar cryptocurrency scam. EFCC Charges Suspect Over Crypto Fraud Nigeria's anti-corruption agency has charged a man accused of orchestrating a multimillion-dollar crypto investment scam that defrauded an Australian investor, officials announced.

Nigeria's EFCC Pushes $9.2M Crypto Fraud Case Against Alleged Scammer After Bitcoin Transfer

Metaplanet purchased 2,823 bitcoin during Q2 2026 for $225 million at an average price of $78,872 per bitcoin. This grew its total treasury to 43,000 BTC, with an aggregate lifetime cost basis of $4.09 billion. Treasury Growth and Portfolio Value Japanese listed bitcoin treasury, Metaplanet Inc.

Metaplanet Buys 2,823 Bitcoins for $225M as Treasury Reaches 43,000 BTC Holdings

SBI Crypto is shutting down its bitcoin mining pool, closing out more than five years of operation on July 31, 2026. The company launched the pool in March 2021 as part of SBI Holdings' push into digital assets. Today it sits between the 10th and 11th largest Bitcoin mining pool by hashrate, controlling 20,412.11 PH/s.

SBI Crypto Pulls the Plug on Bitcoin Pool as 20,412 PH/s Hunts for a New Home

CryptoQuant reported Bitcoin exchange inflows surged to 49,000 BTC on June 30 — a rare spike historically linked to heightened volatility and often downside risk — even as Bitcoin rebounded above the key $60,000 support level.

Bitcoin Exchange Inflows Spike to 49,000 BTC in a Day, Signaling More Volatility is Coming: Report

Wavespace, the Bitcoin-only neobank, has achieved MiCA compliance and launched its self-custodial wavecard® that uses Nostr Wallet Connect to automatically top up from users' Lightning nodes, eliminating custodial preloading risks.

Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card Powered by Lightning and NWC

Strategy introduced "avoidable two-way risk" into crypto markets with its recent bitcoin sale policy, according to JPMorgan analysts.

JPMorgan says Strategy's bitcoin sale policy introduced ‘avoidable' risk into crypto markets

Bitcoin rebounded to a daily high of $62,137, marking a 3% 24-hour gain and establishing a bright start to July after bouncing off a recent low of $57,735.

Bitcoin Pushes Above $62,000 After Whales Add 270,000 BTC, Forcing $130M in Short Losses

SBI Crypto, the subsidiary of the Japanese financial giant, is the latest firm to shutter its Bitcoin mining endeavor.

Japanese Financial Giant SBI to Shut Down Bitcoin Mining Pool

Bitcoin core developer Jon Atack is telling users to hold off on transactions during the second week of August 2026, pointing to reorg risk tied to BIP-110's activation window. Atack posted the warning on X on June 29, 2026.

Bitcoin Core Developer Warns Users to Pause BTC Transfers When BIP-110 Deadline Nears

Onchain data from Arkham Intelligence now shows wallets tagged "Clifton Collins" holding roughly 4,500 BTC.

Irish authorities recover another 500 bitcoins from lost Clifton Collins drug stash

Bitcoin continued rising after hitting a 21-month-low earlier this week, topping $62,000 and leading a broader crypto market rebound.

Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Rise to Weekly High Prices

FBI Director Kash Patel failed to disclose a significant purchase of stock in Bitcoin treasury firm Strategy from last November.

FBI Director Kash Patel's Undisclosed Stock Buy in Bitcoin Giant Strategy Is Down 44%

Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.

SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate

The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.

JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets

The Japanese firm's 43,000-BTC stack now sits well below its cost basis, and it has leaned on debt over equity to keep buying.

Metaplanet Adds 2,823 Bitcoin in Q2 as Buying Pace Cools

Bitcoin has bounced back from its recent lows this week, climbing to over $60,000 per bitcoin after falling to levels not seen since U.S. president Donald Trump retook the White House as a bitcoin "Ponzi scheme" teeters on the verge of collapse.

‘Exactly What Warsh Is Afraid Of'—Bitcoin's Fed Nightmare Is Suddenly Coming True

An analyst known for making timely crypto calls believes that Bitcoin (BTC) is flashing bullish signals. The pseudonymous analyst Bluntz tells his 336,300 followers on X that Bitcoin is showing bullish divergence on the four hour chart.

Crypto Strategist Who Nailed 2025 Bitcoin Peak Says BTC Close to ‘Turning North' – Here's Why

Bitcoin reclaims $61,000 as Glassnode and Bitfinex flag long-term holder accumulation beneath persistent ETF selling.

News for Bitcoin Crypto (BTC)