BITCOIN
Bitcoin (BTC) is the world’s first open-source, peer-to-peer cryptocurrency developed by a pseudonymous person or group of people under the name of Satoshi Nakamoto in 2008. The identity of Satoshi Nakamoto remains a mystery. The crypto is run on distributed ledger technology, also known as blockchain. Bitcoin allows for lower transaction fees than traditional online payment systems, and is decentralized, unlike government-backed currencies. Bitcoin is the world’s largest cryptocurrency by market capitalization and has a limit of 21 million coins. The cryptocurrency uses a proof-of-work protocol to enable security, privacy, and legitimacy of monetary transactions. The issuance of Bitcoin requires mining, where programmers solve a difficult cryptographic puzzle to be able to mine Bitcoin, which earns them a reward. Bitcoin remains the most popular cryptocurrencies, all other cryptocurrencies are known as altcoins.
Polymarket Resolves Bitcoin Sale Dispute to 'No,' $80M in Bets at Stake
Polymarket ruled against MicroStrategy Bitcoin sale claims, sparking criticism of UMA's token-weighted dispute system. $80M in bets impacted.
Bitcoin ETFs Post $4.4B Outflows Over Record 13-Day Streak
Bitcoin ETFs face record $4.4 billion in outflows over 13 days, as BTC drops 21% to $62,610. Analysts split over demand slump drivers.
Glassnode Releases 'The Bitcoin Vector #58' Amid BTC’s 4.88% Drop
Glassnode's latest Bitcoin Vector report provides data-driven insights as BTC trades at $63,873, down 4.88% in 24 hours.
Glassnode Highlights Selective Altcoin Strength Amid Bitcoin Decline
Glassnode's Altcoin Vector #57 report reveals key insights on altcoin setups as Bitcoin falls 3.4% to $65,500. Market rotation signals remain mixed.
Bitcoin (BTC) Drops 13%, ETF Rejection Highlights Bearish Sentiment
BTC falls 13% to $66,004 as ETF investors face losses, realized losses hit $1.35B/day, and spot sellers dominate. Market remains in a fragile bear phase.
Georgia Targets Illegal Bitcoin Mining Amid $9.5M Losses
Georgia is cracking down on illegal Bitcoin mining in Mestia, citing $9.5M in annual energy losses. Enforcement includes mass meter installation.
HIVE Bitcoin Holdings Drop 69% as Revenue Hits $298M
HIVE's FY2026 revenue surged 158% to $297.8M despite a 331 BTC selloff, reflecting its pivot to AI and high-performance computing.
Bitcoin (BTC) Slips Below $71K as ETF Outflows Hit $1.3B
Bitcoin trades at $69,079, under pressure from ETF outflows, flat on-chain activity, and rising selling momentum.
Mt. Gox Transfers $739M in Bitcoin Amid Market Turbulence
Mt. Gox moves $739M in Bitcoin for the first time in two months, sparking speculation over creditor distributions and potential market impact.
Bitcoin Drops to $70K as Stocks Hit Highs, Analysts See Temporary Divergence
Bitcoin fell to $70,406, a two-month low, amid record stock market highs. Analysts call the divergence temporary, with potential for a BTC rebound.
Bitcoin Sale by Strategy Triggers $80M Polymarket Dispute
Strategy's Bitcoin sale sparks controversy on Polymarket, affecting $80M in wagers. A final resolution is expected by June 2.
Strategy's Bitcoin Sale Challenges 'Never Sell' Treasury Model
Strategy's sale of 32 BTC sparks investor debate on corporate Bitcoin treasury models, signaling a shift in liquidity and capital management priorities.
Crypto Funds See $1.67B Weekly Outflows, Bitcoin Hit Hard
Crypto ETPs face $1.67B in weekly outflows, driven by Bitcoin's $1.44B withdrawal. U.S. institutional selling dominates amidst geopolitical risks.
Whale Dumps $1.26B in BlackRock Bitcoin Trust: NYDIG
NYDIG identifies a $1.26B block trade in BlackRock's Bitcoin ETF as a likely whale exit, raising questions about market sentiment and ETF outflows.
Michael Saylor Hints at New BTC Buy Ahead of Key Proxy Vote
Michael Saylor teases fresh Bitcoin purchase as Strategy pushes for shareholder votes on STRC dividend changes ahead of June 7 deadline.