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 power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.

Bitcoin hits Power Law level low that historically precedes a rebound

Bitcoin BTC$67,220.78 and the broader crypto market steadied Wednesday from Tuesday's slide after Strategy (MSTR), the largest publicly listed bitcoin holder, sold a small portion of its stash and spot ETFs extended a record run of net outflows.

Bitcoin momentum gauge hints at recovery. Experts remain cautious.

The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.

Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days

Dogecoin

Ethereum

Bitcoin has plunged below $67,000 as uncertainty around Strategy (NASDAQ:MSTR) continues to instill fear in the market.

Bitcoin Plunges Below $67,000, Ethereum, XRP, Dogecoin Down Up To 5% As Crypto Sell-Off Accelerates

El Salvador is buying the dip again as bitcoin slides as low as $65,700, with the Central American nation's strategic reserve now holding roughly 7,600 BTC worth more than $510 million.

El Salvador Buys the Dip as Bitcoin Slides Under $66,000, Reserve Nears 7,600 BTC

Economist and longtime gold advocate Peter Schiff says bitcoin is heading below $20,000, renewing his bearish call as the cryptocurrency slips under $66,000. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000.

Peter Schiff: Bitcoin Will Crash Below $20,000

Michael Saylor's Strategy is making waves in the crypto sector after announcing its first Bitcoin (BTC) sale since 2022. The world's largest corporate holder of Bitcoin sold 32 BTC worth $2.47 million. The sale marks a dramatic shift in tone for Strategy after Saylor spent years encouraging investors to “never sell” their BTC.

Michael Saylor's Firm Strategy Announces First Bitcoin BTC Sale Since 2022

Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged positions.

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.

Prediction market traders bet bitcoin's selloff has further to run

Analysts said the market continues to assess geopolitical uncertainty alongside Strategy's recent bitcoin sale.

Bitcoin briefly dips below $66,000 as ETF outflows, geopolitical fears weigh on crypto

The jump signals return of fear after two months of calm market sentiment.

Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. 5 crash

Bitcoin has fallen to the lowest level since February.

Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs

Economist and market commentator Peter Schiff speculated on Tuesday on the potential implications of Bitcoin's (CRYPTO: BTC) latest crash on the broader risk asset market. Will It Get Worse For Risk-On Assets?

Peter Schiff Wonders If Bitcoin's Crash Is A 'Harbinger' Of Major Trouble In Risk Assets: 'Maybe' A Catalyst To Drive Investors Into 'Safety'

Binance Research says bitcoin's recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a crypto-native crisis, such pressure has often proved temporary.

Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow

BTC plunged 6.4% to a 24-hour low of $65,708 and ether broke below $1,900 in Asian trading on Wednesday, just hours after the MSCI All Country World Index set a fresh all-time high on the AI rally.

Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records

Microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin's cryptography.

Microsoft Reveals '1,000x More Reliable' Quantum Chip as Bitcoin Threat Draws Nearer

Wall Street strategist Tom Lee framed Mark Cuban's sale of Bitcoin (CRYPTO: BTC) as a sign of “rage-quitting,” the kind of move that, according to him, typically happens at the end of cryptocurrency winter A Sign Of Bottom? During an interview with CNBC, Lee partially agreed with Cuban's rationale that Bitcoin hasn't acted the way it was supposed to.

Mark Cuban Is 'Right' About Bitcoin, But Dumping His Coins Is Like 'Rage-Quitting,' Says Tom Lee: 'Always Happens At The End Of Crypto Winter'

The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.

Bitcoin's slide to $67,000 is accelerating a shift into digital dollars

Strategy's 32 BTC sale has turned a small transaction into a larger test for corporate bitcoin treasuries. The issue is no longer only whether public companies hold BTC. Investors are now watching how those companies meet cash obligations while trying to preserve exposure.

Bitcoin Treasury Companies Face a Borrow-or-Sell Test

Leading cryptocurrencies crashed on Tuesday as geopolitical uncertainty and Strategy Inc.‘s (NASDAQ:MSTR) sale of Bitcoin hammered sentiment. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin Bleeds After Strategy's Sell-Off, Ethereum, XRP, Dogecoin Also Sink: Analyst Points Out 'Meaningful' Stress, But BTC Bottom Still Not In

Cardsmiths' latest Currency trading card series tackles American history—and some packs include codes for real Bitcoin, Ethereum, and more.

Cardsmiths' New America250 Trading Cards Have Real Bitcoin, Dogecoin Up for Grabs

Ala Shaabana explains how using Bitcoin network's coordinate-and-reward playbook can bust open corporate monopolies on AI.

Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder

A South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) because it holds value, is used for speculation, and is accepted by merchants.

Trader Loses 1,680 BTC Fight as South African Court Classifies Bitcoin as Capital

Bernie Sanders and Elizabeth Warren are urging the U.S. Department of Labor under Donald Trump to withdraw a proposed rule allowing Bitcoin and other cryptocurrencies in retirement accounts.

Democrats Sanders and Warren Push Labor Department to Abandon Bitcoin 401(k) Rule

Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.

News for Bitcoin Crypto (BTC)