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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.

Cryptocurrency analyst and trader Kevin Svenson is saying that Bitcoin (BTC) could rally by up to 78% from the current level. In a new strategy session, Svenson tells his 83,300 YouTube subscribers that a price of $190,000 is within the realm of possibility” for Bitcoin this cycle.

$190,000 Bitcoin Within the ‘Realm of Possibility,' According to Analyst Kevin Svenson – Here's His Outlook

The company plans to use the proceeds for general corporate purposes and potential acquisitions in line with its investment policy.

GameStop upsizes private offering to $2.25 billion despite stock slump amid bitcoin treasury plans

Anthony Pompliano, a digital assets influencer and podcast host, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large amounts of bitcoin BTC, according to the Financial Times, which cited three people familiar with the talks.

Anthony Pompliano Set to Head $750M Bitcoin Investment Vehicle: FT

Anthony Pompliano is expected to lead a public company seeking to raise $750 million for Bitcoin purchases, the Financial Times reported.

Anthony Pompliano in talks to lead public firm seeking $750 million to purchase Bitcoin: FT

Two Chinese victims lost their Bitcoin after a business meeting in Mae Sai district, transferring funds in two separate transactions.

Thai Police Arrest Chinese Suspect in $6.1 Million Bitcoin Fraud Case

Coinbase has launched a Bitcoin rewards credit card, with possible plans to support multiple tokens over time, Decrypt was told.

Coinbase Launches Bitcoin Rewards Card to Drive Subscriber Growth

Economist Peter Schiff has renewed his criticism of bitcoin, questioning its status as “digital gold” after the cryptocurrency marginally dropped following Israel's military strike on Iranian nuclear facilities.

Bitcoin Liquidations Surge to $1.16 Billion; Economist Claims BTC Is 15% Lower vs. Gold

Ethereum

Israeli Defense Minister Israel Katz declared a state of emergency following the country's airstrikes on Iran.

Bitcoin sinks below $104,000, ether slides after Israeli airstrikes on Iran

Bitcoin's BTC hort-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices

Bitcoin 'Skew' Slides as Oil Prices Surge 6% on Israel-Iran Tensions

Bitcoin fell sharply late Thursday after Israel launched strikes on Iran, rattling global markets and sparking a flight from risk assets.

Bitcoin Dips as Israel Launches Airstrikes on Iran

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes in Tehran that unsettled global markets and triggered risk‑off sentiment. The cryptocurrency slid approximately 4.1% in the latest session, mirroring investor caution amid escalating Middle East tensions. In contrast, gold surged to $3,410 an ounce, up about 0.

Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin BTC has substantially added to earlier losses, now down more than 4% over the past 24 hours to $103,900 as Israeli forces have bombed targets in Tehran, the capital of Iran.

Bitcoin Tumbles Below $104K as Israel Strikes Iran

On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback. Bitcoin's Slump Sends Waves Through $3.

Bitcoin Tumbles Below $106K as $645M in Liquidations Rattle Crypto Markets

A Coinbase analyst warned that the trend of publicly traded companies whipping up Bitcoin treasuries could trigger “systemic risks” for all of crypto.

'Attack of the Clones': Coinbase Raises Alarm on Risks With Bitcoin Treasury Model

Bitcoin Magazine Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz Mike Novogratz, in an interview with CNBC, said “there have been more Bitcoins lost than will be mined for the rest of eternity." This post Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz

The executive is not the first Bitcoin bull to suggest that the asset's price will continue to rise well beyond its current value.

Galaxy's Novogratz suggests Bitcoin hits $1 million if adoption trend perists

Dogecoin

Long position liquidations are rapidly piling up as Bitcoin, Ethereum, Dogecoin, and Solana losses accelerate Thursday.

Crypto Longs Get Rekt as Bitcoin, Ethereum and Dogecoin Dive

Coinbase announced the launch of its first credit card, the Coinbase One Card, on the American Express network during its State of Crypto conference. US Coinbase One Members Get First Dibs on the Bitcoin Rewards Card The card will offer up to 4% bitcoin ( BTC) back on purchases.

Coinbase, American Express Launch Bitcoin Rewards Credit Card

Cryptocurrencies were broadly lower on Thursday, with the selloff picking up steam in the early U.S. evening hours.

Crypto Cracks Late in Day, Bitcoin Slumps Below $106K

Crypto exchange Coinbase is planning to launch a credit card that offers bitcoin BTC cashback, the company said on Thursday.

Coinbase to Launch Bitcoin Rewards Card With Amex, While Eyeing U.S. Futures Expansion

Bitcoin Magazine Coinbase Announces Bitcoin Rewards Credit Card, Offering up to 4% BTC Back on Everything Coinbase is launching its first-ever branded credit card in partnership with American Express, set to roll out this fall. Called the Coinbase One Card, it will be available only to U.S. members of Coinbase One, the platform's monthly subscription service.

Coinbase Announces Bitcoin Rewards Credit Card, Offering up to 4% BTC Back on Everything

Analyst and trader Michaël van de Poppe is offering his outlook on Bitcoin (BTC) and two other crypto assets amid a market recovery. Van de Poppe tells his 791,900 followers on the social media platform X that Bitcoin is in the first phase of consolidation after breaking out from the $106,500 price level.

Crypto Trader Michaël van de Poppe Says Bitcoin on Cusp of Breakout, Updates Outlook on Ethereum and Bittensor

Coinbase will launch the Coinbase One Card, an American Express-powered credit card that rewards users with bitcoin, this fall.

Coinbase unveils an American Express-powered credit card offering up to 4% in BTC rewards

A widely followed crypto analyst says that Bitcoin (BTC) is displaying early warning signs of an upcoming pullback.

This Factor Could Be Sending an ‘Early Warning Sign' for Bitcoin, According to Trader Justin Bennett

DDC Enterprise Ltd. increased its bitcoin holdings by purchasing an additional 38 coins this week, the NYSE-listed Chinese company announced Thursday. DDC Enterprise: Bitcoin Holdings Reach 138 BTC After New Buy The acquisition raises DDC‘s total corporate bitcoin treasury to 138 BTC worth $14.85 million.

News for Bitcoin Crypto (BTC)