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 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

Ethereum

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.

Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

Bitcoin fell below on Wednesday $75,000 as heavy spot ETF selling pressure and weak short-term sentiment pushes crypto markets lower.

Bitcoin Drops Below $75,000, Ethereum, XRP, Dogecoin Lose 1% As Crypto Markets Lose Momentum

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world's fifth-largest corporate bitcoin treasury, worth $3.3 billion.

Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge

Stansberry Research founder Porter Stansberry says Bitcoin (CRYPTO: BTC) is more mispriced today than at any point he has seen in his model, with his fair value estimate sitting at $134,000 against a current price around $75,000. Fast Money Fled Into Tech Stocks, Leaving Bitcoin Behind Stansberry explained on Anthony Pompliano's podcast that Bitcoin's gap to fair value exists because risk capital rotated aggressively into Nvidia Corporation and memory stocks, pulling money out of crypto in the process.

Bitcoin's Fair Value Is $134,000, Porter Stansberry Says: Why Is It Stuck At $75,000?

Bitcoin security firm Casa has released a suite of four features targeting social engineering, the attack vector responsible for the bulk of crypto theft in 2025. The features are live now for Casa customers, arriving as the FBI reports crypto fraud losses climbed 22% year over year to more than $11 billion last year.

Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders

Bitcoin Vault routes deposits into DeFi lending protocols, including Aave and Morpho, to generate BTC rewards.

Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings

In this week's Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn't just regulate stablecoins, it repriced Bitcoin's monetary premium. Then, Jesper Johansen on why looped ETH staking no longer needs a lending market.

Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium

Kraken customers can make use of their Bitcoin holdings and generate BTC yield without ever leaving the exchange.

Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults

Kraken has launched Bitcoin Vault within its Earn suite, enabling long-term holders to generate BTC-denominated rewards on their Bitcoin without selling.

Kraken Launches Bitcoin Vault, Offering Yield on BTC Holdings

Fold Holdings, Inc. secured a $150 million asset-backed revolving credit facility from Encina Lender Finance, LLC to scale its Bitcoin rewards credit card program without diluting shareholders.

Fold Lands $150 Million to Fuel Bitcoin Credit Card Growth

Fold Holdings has launched a bitcoin rewards credit card, issued by Visa and powered by Stripe.

Fold Launches New Bitcoin Credit Card Rollout

DDC Enterprise Limited (NYSE American: DDC) expanded its corporate Bitcoin treasury to 2,714 BTC on Wednesday with the purchase of 131 Bitcoin, the company announced. The New York-based company said the acquisition marks its second Bitcoin purchase in seven days, following a 200 BTC transaction on May 21.

DDC Buys Bitcoin Twice in One Week, Grows Treasury 14% Without Dilution

Crypto ETF flows were mixed on Tuesday, May 26, with bitcoin and ether ETFs losing a combined $368.75 million as both ETFs extended their outflow streaks. Altcoin products softened the blow, led by $20.45 million into HYPE ETFs and $1.55 million into XRP ETFs, while solana ETFs saw no trading activity.

News for Bitcoin Crypto (BTC)