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.

JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.

JPMorgan says bitcoin mining economics have ‘worsened' as BTC trades below production cost

Bitcoin tumbled 5% to $62,000, hitting an intraday low of $62,236 and marking a 7.5% drop since June 15. Bitcoin Erases Gains Following U.S.-Iran Peace Accord On Thursday, bitcoin tumbled to $62,000, wiping out gains made initially on rumors of peace between Iran and the U.S., and later after the formal announcement of an accord.

Bitcoin Slides to $62k as Traders Dump Risk, Wiping out Iran Peace Rally Gains

There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy's preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail.

STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It

Strategy's flagship preferred stock is facing pressure, but analysts say that's not yet an existential threat for the Bitcoin treasury giant.

Why Bitcoin Titan Strategy's STRC Is Falling to New Lows

Mexican billionaire Ricardo Salinas says Bitcoin (CRYPTO: BTC) remains his preferred financial asset, arguing that fiat currencies are being debased globally. Investors should treat crypto more like long-term property than a short-term trade, according to the billionaire.

Mexican Billionaire Keeps 70% Of Liquid Portfolio In Bitcoin: 'As Soon As I Get Fiat, I Turn It Into BTC'

Ethereum

Prediction market traders don't see Bitcoin or Ethereum making their next big moves to higher price targets.

Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision

Bitcoin (CRYPTO: BTC) dropped back below $63,000 on Thursday as the broader crypto market shed 4%. Why Is Crypto Falling While AI Stocks Hit New Highs?

Bitcoin Plunges To $62,500, Ethereum, XRP Lose 5%: What Is Going?

Bitcoin price fell to around $62,000 after a hawkish Federal Reserve outlook dampened risk appetite.

Bitcoin Price Falls to $62,000 as Hawkish Fed Shift Raises Risk of Deeper Pullback

Everyday investors that own Strategy's STRC have been drawn to double-digit yields, but the preferred stock's volatility has shaken some.

Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling

Bitdeer, BitFuFu, Canaan and CleanSpark posted May bitcoin production updates, with combined output of 1,859 BTC and diverging strategies.

Bitcoin miners Bitdeer, CleanSpark and more report mixed May output as AI buildouts impact hashrate growth, treasury models

Bitcoin's 4-year cycle makes DCA costly. Learn why a cycle-smart strategy is essential for advisors to better manage volatility and maximize client returns.

Crypto for Advisors: Trading the bitcoin cycle

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) are rebounding from one of the industry's deepest downturns, but StarkWare co-founder and Zcash creator Eli Ben-Sasson says crypto still faces an existential question. "Worst Crypto Winter" In a series of posts on X and a recent Privacy Podcast appearance, Ben-Sasson described the current downturn as “the worst crypto winter” he has witnessed since entering the industry in 2013.

'Worst Crypto Winter I've Seen'—But Bitcoin, Ethereum Can Still Win, StarkWare Co-Founder Says

CME Group plans to sue the CFTC over its approval of bitcoin perpetual futures, arguing the contracts are swaps — not futures — under Dodd-Frank.

CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification

HIVE finalized a $220 million sovereign cloud contract to deploy 2,304 NVIDIA Blackwell GPUs across Canada by early 2027.

Bitcoin miner HIVE inks $220 million AI GPU deal with Bell, expects $70 million annual revenue

Crypto analyst Michaël van de Poppe believes that Bitcoin and other digital assets will soon print massive gains if BTC holds one key level as support. Van de Poppe tells his 820,000 followers on X that if Bitcoin stays above $64,000, the crypto market will soar in the coming weeks.

Michaël van de Poppe Says Crucial Level Will ‘Decide Everything' for Bitcoin in the Coming Weeks – Here's His Outlook

Closely watched trader Arthur Hayes has predicted an AI "credit event" is about to crash the market and blow up the bitcoin price

‘Bigger Than 2008'—Serious $10 Trillion Fed Crash Warning Sparks Huge Bitcoin Price Prediction

Bitcoin holds near $64,000 as BTC ETFs post an $82.2 million net outflow, and Glassnode said improving liquidity may be forming a floor.

Bitcoin slips below $64,000 as hawkish Fed overshadows signs of onchain repair

Kevin Warsh announced the Fed's decision to hold rates steady at his first FOMC meeting Wednesday and deliberately avoided forward guidance, leaving markets to price in a rate hike by year-end as Bitcoin (CRYPTO: BTC) faces a fresh headwind. Warsh Killed Forward Guidance and Nine Committee Members Want a Rate Hike The FOMC statement under Warsh ran barely half a page compared to the page-and-a-half releases under Jerome Powell.

Kevin Warsh Held Rates And Didn't Give Much Guidance: Is That Bad for Bitcoin?

Crypto ETF flows turned negative again on Wednesday, June 17, as bitcoin and ether funds reversed the prior session's broad gains. Still, HYPE and solana ETFs attracted fresh capital, showing that modest demand remains alive beneath the market's choppy headline flows. HYPE ETFs Add $2.

Bitcoin ETFs Lose $82M as Ark and Blackrock Reverse Prior Session Gains

Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.

CME to Sue CFTC Over Bitcoin Perpetual Futures Approval: CEO

Bitcoin BTC$64,521.11 and the Dollar Index (DXY) are moving in opposite directions, with the latter on the verge of a major move that may embolden crypto bears.

Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout

BTC slid to around $64,100 after Kevin Warsh's hawkish debut, but analysts argue a $60,000 floor and catalysts could spark a rebound.

Bitcoin Steadies Near $64K as Analysts Eye Floor After Hawkish Fed

The bond market is sending a signal that complicates prospects of a near-term bitcoin bull run.

The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note

Dogecoin

Popular cryptocurrency analyst Ali Martinez drew attention to the fact that Elon Musk, who became the world's first trillionaire, owns Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE). Is Musk ‘Orange-Pilled'?

Elon Musk, The World's First Trillionaire, Holds Bitcoin And 'Some' Dogecoin — 'Let That Sink In,' Says Popular Analyst

Total market value has held flat near $2.26 trillion since Tuesday, with the recovery losing momentum after the Fed killed rate-cut hopes and spot ETFs swung back to outflows.

News for Bitcoin Crypto (BTC)