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.

The bitcoin price has dropped to 2026 lows of just under $60,000 per bitcoin, plunging by half from its October peak of $126,000

It's ‘Over'—Crypto Is Quietly Braced For A Massive BlackRock Bitcoin Price Earthquake

Ethereum

Bitcoin (CRYPTO: BTC) climbed above $65,000 on Monday after reports of a U.S.-Iran peace deal triggered a broad risk-on move, with Coinbase (NASDAQ:COIN) CEO Brian Armstrong saying he believes BTC has probably bottomed at $60,000. US-Iran Peace Deal Reopens Strait of Hormuz and Pulls Risk Premium Out of Markets President Trump announced Sunday that the US and Iran reached a framework agreement, with the naval blockade set to lift and the Strait of Hormuz reopening once both sides sign.

Bitcoin, Ethereum, XRP Surge Up To 7% On Peace Deal: BTC Has 'Probably Bottomed,' Coinbase CEO Says

Cardano

Cardano co-founder Charles Hoskinson has said that 1,096 BTC, worth roughly $70 million today, held by an Isle of Man foundation was used to cover audit costs from the project's 2016 crowdsale.

Cardano's Hoskinson Says Disputed 1,096 Bitcoin Funded a 2016 Audit Amid $70 Million Mystery

Bitcoin's (CRYPTO: BTC) has popped above $65,000 on peace deal news, but its current long-term downturn may have more to do with time than price, according to crypto analyst Benjamin Cowen. “Time-Based Capitulation More Important“ In a June 14 market update, Cowen compared Bitcoin's current cycle to prior midterm-year bear markets in 2014, 2018 and 2022, which historically lasted between 50 and 60 weeks from peak to trough.

Bitcoin Climbs Back Above $65,000, But Expect The True Bottom In Q4, Analyst Says

A crypto relief rally has “partially arrived” as Trump announces a deal with Iran, but prediction market traders remain unconvinced.

Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical

Roughly $150 million worth of short positions were wiped out across the crypto market after the U.S. and Iran agreed to a peace deal, as bitcoin seeks to claim the $66,000 threshold. Short Squeeze Follows Geopolitical De-escalation About $150 million in short positions were liquidated following the U.S.-Iran peace agreement.

$150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K

Crude oil prices fell roughly 4% after U.S. President Donald Trump declared that a peace deal with Iran is “officially complete” and that the Strait of Hormuz is now open. The selloff rippled into risk assets as bitcoin reclaimed $65,000.

Oil Prices Crash 4% And Bitcoin Approaches $66,000 as Trump Declares US-Iran Peace Deal ‘Complete'

Binance (CRYPTO: BNB) co-founder Changpeng "CZ" Zhao said on Sunday that the anticipated Bitcoin (CRYPTO: BTC) super cycle may be delayed, playfully admitting that he can't nail every prediction. ‘Super Cycle Will Come' CZ posted on X a clip from his recent interview with CoinDesk, where he was reminded about his January prediction that 2026 will be a super cycle for Bitcoin.

Binance Founder CZ Says Bitcoin 'Super Cycle' May Be Delayed, But 'Will Come'

A large build-up of speculative short positions in the yen raises the risk of a sharp short squeeze if the BOJ signals more aggressive tightening, potentially unwinding yen-funded carry trades that support risk assets.

Bitcoin traders have a reason to watch Tuesday's BOJ rate decision. Yen shorts are at a nine-year high

Coins.ph integrated bitcoin and ethereum into the Philippines' national QR Ph network, allowing users to spend crypto seamlessly across nearly 700,000 local merchants.

Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants

The rally reflected improving risk sentiment following reports that the U.S. and Iran have reached a peace agreement, analysts said.

Bitcoin tops $65,000 as reports of US-Iran peace deal ease geopolitical fears

Coinbase Global Inc. (NASDAQ:COIN ) CEO Brian Armstrong reaffirmed on Sunday his bullish stance on Bitcoin (CRYPTO: BTC), projecting a “much higher” price for the asset by 2030. ‘A key Part Of Our Economy' Armstrong shared a clip on X from his recent appearance on the Moonshots with Peter Diamandis podcast, where he expressed strong optimism about Bitcoin's future.

Brian Armstrong Is 'Bullish As Ever' On Bitcoin, Coinbase CEO Predicts BTC Price Will Be 'Much Higher' In 20230

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 markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes

Strategy Inc. (NASDAQ:MSTR) Chair Michael Saylor congratulated Elon Musk and Space Exploration Technologies Corp. (NASDAQ:SPCX) on their record-breaking IPO, while drawing attention to the newly-listed firm's substantial Bitcoin (CRYPTO: BTC) holdings. Musk's Firms Leading ‘Mag 8' Bitcoin Leaderboard Saylor hailed SpaceX's debut as ‘historic' on X, noting that 25% of the “Mag 8” companies — the original “Mag 7” plus SpaceX — now hold Bitcoin on their balance sheets.

Elon Musk Gets Shout Out From Strategy's Michael Saylor For 'Historic' SpaceX IPO: '25% Of The Mag8 Now Holds Bitcoin'

A peace agreement that reopens the Strait of Hormuz pulled the geopolitical premium out of oil and put back into risk assets.

Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding

Dogecoin

Leading cryptocurrencies lifted alongside stock futures overnight on Sunday after President Donald Trump said that a framework agreement to end the conflict with Iran had been completed.

Bitcoin, Ethereum, XRP, Dogecoin Climb Trump Declares Iran Deal 'Complete': Analyst Predicts BTC Move Above Key Level To Fuel 'Risk-On Appetite'

Crypto funds share their outlook on bitcoin, the biggest risks ahead, and where they see the best risk-reward opportunities today.

The Funding: Is the bitcoin bottom in? Crypto funds weigh in

Federal prosecutors detailed a guilty plea in a violent kidnapping plot tied to an attempted bitcoin robbery. Authorities said the scheme sought to steal bitcoin connected to a theft worth hundreds of millions of dollars and has led to multiple guilty pleas in the broader case.

Massive Bitcoin Theft Case Draws Guilty Plea in Violent Kidnapping Plot

Across Polymarket and Kalshi, traders have deployed more than $78 million in bitcoin price prediction bets for 2026, and the collective signal is clear: the crowd is not expecting a breakout. June Outlook: Bulls Lean on $67.5K, Bears Watch $55K On Polymarket‘s June price market, which has recorded $15.

Traders Bet $16.4M on Bitcoin Staying Below $75K Through June — Here's the Full Breakdown

The price of crude oil is tumbling, and U.S. stock futures are moving higher.

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

President Donald Trump declared a deal with Iran complete on Sunday, immediately authorizing the toll-free reopening of the Strait of Hormuz and the removal of the U.S. naval blockade. Trump posted the announcement on Truth Social on June 14, 2026. The full statement read: “The Deal with the Islamic Republic of Iran is now complete.

Trump Declares Iran Deal Done, Reopens Strait of Hormuz — Bitcoin Climbs Past $65K

The cut hands surviving miners roughly 11% more bitcoin per unit of active hashrate, but all-in production economics remain underwater at current prices.

Bitcoin mining difficulty drops 10% in second-largest negative adjustment of 2026

This week, Bitcoin's difficulty epoch at block height 953568 delivered the year's second-steepest downward adjustment to date. Following this weekend's recalibration and looking ahead to the next two weeks, the latest difficulty reading of 124.93 trillion now stands as the lowest level recorded in 2026 and the weakest mark posted since July 12, 2025.

Bitcoin Difficulty Drops 10% to Lowest Level Since July 2025 as Hashrate Cools

A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.

Bitcoin could crash to $48,000, if this historical pattern is triggered

A Canadian teenager accused of stealing millions in cryptocurrency and financing a luxury lifestyle with the proceeds has pleaded guilty to money laundering charges in U.S. What Happened Trenton Johnston, a 20-year-old Canadian citizen, pleaded guilty Tuesday in federal court in Miami to one count of conspiracy to commit money laundering. According to prosecutors cited by The New York Times, Johnston participated in a cryptocurrency fraud operation over a two-year period.

News for Bitcoin Crypto (BTC)