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.

Bitcoin price fell below $68,000 amid a mix of symbolic selling by Strategy, heavy ETF outflows, renewed Mt. Gox activity, and rising geopolitical tension tied to Iran–U.S. developments.

Bitcoin Price Crashes to $67,000 Range, Down 13% in a Week Amid ETF Outflows and Market Fears

In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."

Strive adds 2,500 BTC to treasury as Saylor's Strategy sells

A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property.

NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It's Not Abandoned

Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency's nature, which creates inconsistent market behavior.

How to better understand bitcoin's perpetual identity crisis

Ethereum

Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.

Standard Chartered says Strategy's bitcoin sale may mark start of ETH outperformance

Bitcoin fell below $69,000 to a two-month low as ETF outflows hit $3.45 billion over 11 days, along with $742 million in liquidations.

‘Materially softer demand': Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest

Mt. Gox moved 10,422 BTC worth $739 million ahead of its 2026 repayment deadline, triggering market jitters and contributing to Bitcoin's drop below $69,000 despite no confirmed selling activity.

Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000

The price of Bitcoin (BTC) has remained above the $72,000 support level since May 28.

Coinidol.com: Bitcoin Price Continues Its Slide

A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2' lost around $527,000 in a day after Strategy's bitcoin sale was made public.

Polymarket Trader Loses $527K as Strategy's First Bitcoin Sale Since 2022 Settles a Heated Bet

The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.

Mt. Gox Moves $739M in Bitcoin as Repayment Deadline Looms

Strive added 2,500 BTC for $185.2 million, boosting its holdings to 19,000 BTC and cementing its position among the largest public corporate Bitcoin holders.

Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC

ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank's digital asset research head said.

Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says

The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining revenue fell 23.9%.

HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC

Fundstrat's Tom Lee defended Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) on Monday, arguing crypto's long-term thesis remains intact despite recent underperformance. Lee On BTC and ETH Speaking on CNBC, Lee pushed back against claims crypto's thesis is broken after recent weakness relative to AI and software stocks.

Tom Lee Says Bitcoin, Ethereum Thesis Is 'Absolutely Not Broken,' Sees $2 Million BTC

The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments.

Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause

Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).

Live markets: bitcoin's plunge continues, putting February $60,000 low back in play

Benchmark's Mark Palmer initiated coverage with a Buy rating and $32 price target as ASST shares fell 3.59% pre-market.

Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller

Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.

Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller

Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.

Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst

Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.

Morning Minute: Saylor Sells Bitcoin for First Time Since 2022

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

Bitcoin derivatives markets flashing warning signs as price plunges below $70,000

Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.

Tom Lee calls Strategy's bitcoin sale classic bottom behavior

Bitcoin (CRYPTO: BTC) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday. Four Straight Weeks Of ETF Outflows With No Sign Of Stopping Weekly ETF outflows ran at $1.00 billion on May 15, $1.26 billion on May 22, and $1.42 billion on May 29.

Bitcoin Plunges Below $70,000, ETFs Saw $480M Outflows On Monday: What Is Going On?

Bitcoin BTC$69,425.74 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S. economic data that could determine the direction of the next move for risk assets.

Bitcoin's slide may have more to do with AI than Strategy

Strategy sold 32 bitcoin that represent 0.004% of total holdings. The numer es tiny and the company isn't at risk, but it's signaling its commintment to its investors.

News for Bitcoin Crypto (BTC)