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 has spent 307 days in the $60,000 to $70,000 range, the third longest consolidation in any $10,000 price band.

Bitcoin's $60K to $70K range becomes third longest consolidation in history

A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch

Ethereum

Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto's institutional flows even as prices rallied.

Live markets: Bitcoin ETFs bleed again while ether funds snap a five-day inflow streak

A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.

Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears

Bitdeer has begun construction on a $36 million electronics manufacturing facility in Sparks, Nevada, its first U.S. assembly site for Sealminer machines. Bitdeer Targets 10,000 Monthly Sealminer Units With New $36 Million Nevada Factory Bitdeer is moving ahead with a major U.S.

Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran.

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

The stablecoin giant announced that this investment will support Mercado Bitcoin's expansion efforts in payment infrastructure, tokenized investment offerings, lending and credit, and on-chain capital markets. The move follows several capital injections by the company for several Latam-focused initiatives.

Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin

At its last stage for government approval, the state's executive council rejected the bond project 3-2.

New Hampshire snuffs out trailblazing bitcoin municipal bond effort

Bitwise says institutions are buying the bitcoin bear market dip, while many larger investors are still awaiting regulatory clarity.

Bitwise says bitcoin's ‘floor is rising' despite AI boom and regulatory delays

Strategy Inc.'s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) sales create periodic selling pressure but are not the main structural threat to Bitcoin, according to a JP Morgan note published on Thursday. The Real Threat Is Banks Building Their Own Blockchains Analysts led by managing director Nikolaos Panigirtzoglou argued the bigger danger comes from financial institutions adopting blockchain technology in ways that bypass public networks entirely.

Michael Saylor Selling Isn't Bitcoin's Biggest Problem—Here's What JPMorgan Says the Real Threat Is

JPMorgan says Strategy's Bitcoin sales are a short-term concern, but the bigger long-term risk is that banks and institutions adopt private blockchains over public networks, reducing activity and capital flows across the broader crypto ecosystem.

JPMorgan Says the Real Threat to Bitcoin Isn't Strategy (MSTR) — It's Private Blockchains

CryptoQuant said bitcoin's recent rebound should be viewed as a bear-market recovery rather than a trend reversal.

CryptoQuant says bitcoin rebound remains a bear-market recovery, not a trend reversal

Strategy raised the dividend on its flagship preferred stock to 12% in late June, but the security is still changing hands well below the $100 price the company says it wants investors to see.

Debate Grows Over Strategy Using Bitcoin Sales to Fund STRC Buybacks

Dogecoin

Bitcoin extended gains after Robinhood launched its blockchain, with the company touting it as ideal for both real-world assets and meme coins.

Bitcoin, Ethereum, XRP, Dogecoin Gain As Bitcoin Death Cross Sparks End-Of-Bear-Market Debate

Bitcoin rebounded to test the $63,000 threshold, recovering from a 3% drop to under $61,500. Recovery came despite growing military tensions and exchanges of fire between U.S. and Iranian forces.

Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended

Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows.

Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks

Troubles for bitcoin ETFs and private credit funds suggest rising market risks

BitcoinTreasuries.net says June marked the first major stress test for Bitcoin-backed preferred shares, with Strategy's STRC and Strive's SATA rebounding after a sharp sell-off, reinforcing confidence in the growing corporate Bitcoin financing model.

Bitcoin's New Debt Machine is Facing Its First Major Test

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to show signs of long-term holder conviction, with exchange balances falling to multi-year lows. However, recent volatility has kept spot demand subdued.

Bitcoin, Ethereum Exchange Supplies at Historic Lows: Is This Bullish?

Singapore's Temasek Holdings on Wednesday announced that crypto remains off limits as the sovereign wealth fund targets lifts AI exposure from 6% to 15% of its portfolio by 2031. FTX's Shadow Still Hangs Over Temasek's Crypto Stance Temasek President of Global Investments Nagi Hamiyeh told CNBC the firm holds no direct crypto investments and cited regulatory uncertainty as the reason for staying out.

A Bitcoin Reserve? No Thanks, We'll Pass After FTX, Says Singapore's Temasek

Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.

AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap

This week, Strategy founder and bitcoin bull Michael Saylor turned to X to argue that Bitcoin has “no spam problem,” pointing to persistently low network fees as evidence for his position.

Michael Saylor Declares Bitcoin Has ‘No Spam Problem' as BIP-110 Debate Escalates

MARA Holdings has agreed to purchase a sizable plot of land in Texas to power its Bitcoin mining and growing AI compute ambitions.

MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot

JPMorgan says Strategy isn't bitcoin's main structural risk, but blockchain adoption that fails to benefit public blockchains and tokens.

JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens

Strategy (NASDAQ:MSTR) is facing growing scrutiny whether its preferred-stock dividend machine can survive if Bitcoin (CRYPTO: BTC) remains weak. The Move Is Only A "Tweak" In Strategy In an interview with Laura Shin on July 7, Apex Chief Investment Officer Parker White highlighted that Strategy sold the Bitcoin at an average price of about $60,197.

News for Bitcoin Crypto (BTC)