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.

Macro uncertainty, STRC finding a new low and another $227M in ETF outflows weren't enough to keep Bitcoin down over the past week.

Morning Minute: Bitcoin at $65,000 as Iran Deal Wobbles

The bitcoin treasury company founded by Vivek Ramaswamy saw its shares jump about 10% in early trading Monday.

Bitcoin treasury Strive's shares jump as company's holdings near 20,000 BTC

Bitcoin price climbed above $65,000 as easing ETF outflows and a U.S.-Iran peace deal provided support, while a hawkish Fed under Chair Kevin Warsh and rising rate-hike expectations continued to pressure risk assets.

Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions

Strive purchased 759 BTC for roughly $50 million last week, boosting its holdings to 19,864 BTC and outpacing Strategy's 520 BTC purchase as it accelerates its bitcoin accumulation strategy.

Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC

Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.

Michael Saylor's Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion

A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price movements, the bank said.

Bitcoin mining network becoming more sensitive to price swings, JPMorgan says

The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC.

Strategy added $35 million in bitcoin, $300 million in cash reserves last week

Strategy founder Michael Saylor announced Monday that the company acquired 520 bitcoin for approximately $35 million, a noticeably smaller tranche than recent weeks, bringing the firm's total reserve to 847,363 BTC. Smaller Buy, Same Cadence The purchase marks the third consecutive week of bitcoin accumulation for Strategy.

Strategy Grabs 520 More Bitcoin for $35M Despite Sitting Nearly $10B Underwater

With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.

Bitcoin 'Resilient' After Hawkish Fed, But No 'Return of Demand': Analysts

Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $55 billion.

Michael Saylor's Strategy buys another 520 BTC for $35 million, adds to USD reserve despite STRC slide

El Salvador added 8 BTC to its national bitcoin reserve over the past seven days, lifting its total holdings above 7,689 BTC worth roughly $490 million. Buying the Dip, Every Day The latest additions, tracked through the country's official bitcoin reserve data, bring El Salvador's stack to 7,688.37 BTC. Bitcoin.

El Salvador Keeps Stacking: 8 BTC Added in a Week as Reserve Tops 7,689 BTC

As traders return to their desks following an extended weekend in the U.S., there are two market dynamics worth noting that could influence the price of bitcoin BTC$64,314.18 and other major cryptocurrencies, which are buoyant today on the back of U.S.-Iran deal hopes.

Bitcoin ETF outflow pain eases just as another headwind gathers strength

Bitcoin holds near $64,000 as six weeks of ETF outflows, and a hawkish Fed overshadow the U.S.-Iran peace deal.

‘Between supportive and restrictive forces': Bitcoin stalls near $64,000 as Fed rate-hike risk overshadows Iran ceasefire relief

Analysts noted bitcoin is stuck between key support near $60,000 and resistance around $68,000, and a bearish chart pattern could send prices toward $54,000.

As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally

US spot bitcoin ETFs saw $227 million in net outflows last week, extending the negative flow streak to six consecutive weeks.

Spot bitcoin ETFs log sixth consecutive week of net outflows; analyst says selling wave is exhausting itself

Ethereum

Solana

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts.

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum

Doctor Profit, a widely followed crypto analyst, says bitcoin is forming a “bear flag” pattern.

Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high

Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one analyst says.

Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week

Mediators Qatar and Pakistan say the United States and Iran have agreed on a roadmap toward a final deal within 60 days, with technical talks beginning immediately.

Bitcoin Steadies Around $64,000 as US and Iran Agree on Roadmap to a Final Deal Within 60 Days

A helpful feature of speeding up transactions has become redundant and a "fingerprint" for tracking. Developers now want to do away with it.

Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why

sian stocks and tech climbed as the US and Iran agreed a roadmap to a final peace deal, sending oil below $80. Crypto stayed soft, with bitcoin down 2% on the week and the memecoins leading the losses.

Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally

Franklin Templeton has proposed two ETFs that pair broad U.S. stock exposure with a rules-based bitcoin allocation tied to dividend reinvestment.

Franklin Templeton Files New Bitcoin DRIP ETFs That Turn Stock Dividends Into BTC

Professional investors have yet to return to the bitcoin market in force, with a key measure of exchange pricing showing persistent caution among U.S.-based institutions. Analysts say the extended discount on Coinbase relative to Binance points to weak institutional demand, while retail participation continues to provide support for market activity.

Bitcoin Faces Institutional Demand Shortfall as Coinbase-Binance Gap Flashes Warning

Robert Kiyosaki says recent declines in gold, silver, bitcoin, and ethereum have not shaken his conviction. He is closely watching for a technical reversal before making his next move.

Robert Kiyosaki Plans to Buy Bitcoin After Reversal as Gold Charts Signal ‘Massive' Rise

Sixteen years ago today, Bitcoin's creator, Satoshi Nakamoto, told a Bitcointalk user that losing coins was not a flaw in the system. It was a feature. The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.

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