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.

BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.

Bitcoin's early July bounce rides thin summer liquidity as half of supply still sits underwater: analysts

Triple-digit temperatures and soaring wholesale electricity prices reportedly squeezed U.S. bitcoin mining operations. High Prices Trigger Miner Curtailments A record-setting heat dome that recently blanketed the eastern United States and forced the U.S.

Grid Alerts Threaten Crypto: How 100-Degree Temps Impacted Bitcoin Mining

Ethereum

Crypto ETF flows opened the new week on a stronger footing, with bitcoin ETFs adding $265.69 million and ether ETFs bringing in $20.66 million. HYPE and solana products also attracted fresh capital, while XRP ETFs saw no trading activity.

Bitcoin and Ether ETFs Attract $286 Million as Blackrock Funds Spark Broad Recovery

The plaintiffs say Polymarket added a rule after the fact, turning their winning "Yes" bet on Strategy's Bitcoin sale into a loss.

Traders Sue Polymarket Over 'No' Ruling on Strategy Bitcoin Sale

Bitcoin BTC$63,139.66 fell on Tuesday after chalking out a six-day winning streak, the longest since March. The gains, in any case, looked fragile when viewed through the lens of several indicators.

Bitcoin's July gains may be fleeting as U.S. demand stays weak

BTC retreated from a two-week high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July's 8.4% advance.

Bitcoin stalls as open interest decline raises questions about rally's staying power

President Trump's Strategic Bitcoin Reserve has hit a jurisdictional snag, with the Treasury and Commerce departments vying over who should manage the government's more than 300,000 BTC.

Bloomberg: US Strategic Bitcoin Reserve Stalls as Treasury and Commerce Battle for Control

Galaxy delivered 133 MW of critical IT load to CoreWeave at its Helios campus, completing Phase I of the West Texas site's AI conversion.

Galaxy delivers 133 MW of critical IT load to CoreWeave as Helios bitcoin mine turns AI hub

Bitcoin's realized profit and loss ratio has fallen to -0.35, a 43-month low last seen after FTX's collapse, flashing what Cryptoquant calls a bottom signal just as Michael Saylor's Strategy turns seller. A Loss Gauge at FTX-Era Depths Blockchain analytics platform Cryptoquant has spotted a signal that bitcoin bulls have been waiting months for.

Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor's Strategy Dumps 3,588 BTC

President Donald Trump declared himself “a big crypto guy” when asked whether bitcoin could be added to the newly launched Trump Accounts, as he rang the market opening bells from the Oval Office.

‘I'm a Big Crypto Guy': Trump Fields Bitcoin Question as $1,000 Trump Accounts Go Live

Lumida Wealth CEO Ram Ahluwalia says Strategy has flipped from bitcoin's marginal buyer to its marginal seller, while Cryptoquant CEO Ki Young Ju turns Michael Saylor's famous “sell a kidney” line against him after the firm's $216 million sale.

Is Strategy Now Bitcoin's Biggest Seller? ‘Sell a Kidney' Jibes Fly as Saylor Breaks His Own Rule

Plaintiffs allege Polymarket wrongly resolved the market as "No" despite Strategy's SEC filing disclosing it sold 32 BTC between May 26 and May 31.

Two traders sue Polymarket over disputed resolution of Strategy bitcoin sale market

The product, called BTC Yield, is designed exclusively for people who already hold bitcoin.

Binance taps into Bitcoin holders' hunger for yield with new covered call yield play

Grayscale Research says Strategy's $216 million bitcoin sale may reduce financing risk and support price stability, pointing to the rebound in STRC as a sign investors are responding positively.

Grayscale: Strategy's $216M Bitcoin Sale ‘Reduces Tail Risk' and Could Help BTC Find a Durable Bottom

Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets.

Bitcoin's recent macro relief faces a challenge from Japanese interest rates

Bitcoin is heading toward two separate fork events in August 2026, and knowing the difference between them is the first step to understanding what's actually at stake. One is a proposed soft fork called BIP-110. The other is a planned hard fork called eCash, backed by Drivechain architect Paul Sztorc.

2 Bitcoin Forks Are Coming in August: Everything You Need to Know

Spot bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, an eighth straight week of negative flows.

Live markets: Bitcoin and ether ETFs drew inflows on Monday

Three whale wallets opened nearly $149 million in leveraged bitcoin and ether longs as BTC climbed back above $64,000, onchain tracker Lookonchain reported, just a day after Strategy disclosed its $216 million sale.

Whales Open $148 Million in Leveraged Longs as Bitcoin Reclaims $64K After Strategy's 3,588 BTC Sale

The Bitcoin treasury firm Strategy (MSTR) has completed its largest crypto sale to date by divesting 3,588 Bitcoin for $216 million between June 29th and July 5th. The transaction happened under the firm's newly introduced BTC monetization program designed to support dividend payments.

Strategy Executes Record $216,000,000 Bitcoin Sale Under New Program

The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold off again.

Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale

Peter Schiff warned that Strategy's new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategy's Confirmed Bitcoin Sale Turned Into a Market Signal Strategy Inc. (Nasdaq: MSTR) sold 3,588 bitcoin, raising about $216.

Peter Schiff Warns Strategy's 840K Bitcoin Holdings Could Bring ‘Much Greater' Losses

South Korea's top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation.

South Korea's Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims

Bitcoin's Miner Cycle Stress Composite has fallen to a new 2026 low and entered its “undervalued” range, a synchronized decline previously seen only near the market's major bottoms in 2015, 2018 and 2020. The reading arrives with bitcoin trading near $63,800 and nearly one in five miners producing coins at a loss.

Bitcoin Miner Stress Hits ‘Historically Rare' Level as 20% of Miners Operate at a Loss

"Strategy is selling more bitcoin. But this will restore confidence in its financing structure and help bitcoin find a more durable bottom."

Grayscale says Strategy's recent bitcoin sales should restore confidence in its financing structure

Bitcoin and ether funds closed the week in the red for an eighth straight week. Altcoin ETFs, however, showed more resilience, with XRP, Solana and HYPE products all attracting capital between June 29 and July 2. XRP ETFs Add $17.2 Million as Ether ETFs End Week Down $13.

News for Bitcoin Crypto (BTC)