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.
Bitcoin (BTC) Profit-Taking Spikes as Price Hits $80K
Bitcoin profit-taking surged after April’s rally pushed prices to $80,020, signaling potential local tops as demand lags.
Institutional Interest in Crypto Grows as Bitcoin ETFs Top $1B
Institutional investors are driving crypto growth via Bitcoin ETFs, prediction markets, and tokenized finance. BTC hits $80K amid surging inflows.
Australian Police Seize $4.1M in Bitcoin in Darknet Crackdown
Australian police seized $4.1M in Bitcoin tied to darknet activity, marking one of the country's largest crypto-related busts.
Revolut BTC Price Glitch Shows $0.02 Amid User Panic
Revolut users reported Bitcoin (BTC) dropping to $0.02 due to a platform-specific glitch. Experts point to data feed errors or liquidity gaps.
Bitcoin ETFs See $277M Outflows as BTC Drops Below $80K
Bitcoin ETFs reversed $277.5M inflows after BTC fell below $80K, ending a 5-day streak. Fidelity and BlackRock led outflows; Morgan Stanley remained resilient.
Block Shares Surge 8% After Q1 Earnings Beat, Bitcoin Loss
Block’s shares jumped 8% in after-hours trading despite a $309M net loss due to Bitcoin revaluation, as Q1 earnings topped estimates.
Institutional Bitcoin Exposure Rises Amid $81K BTC Price: CoinShares
Institutional demand for Bitcoin grows as sentiment improves. CoinShares survey shows 32% of fund managers now hold BTC, with ETFs driving inflows.
Samson Mow Supports BTC Sales by Strategy, Sparks Debate
Samson Mow defends Strategy's potential Bitcoin sales, citing flexibility in treasury management as BTC trades near $81K.
Germany Eyes Crypto Tax Revamp, 1-Year Exemption May End
Germany is considering ending its 1-year crypto tax exemption by 2027, a move that could reshape its crypto investment appeal.
Glassnode's Bitcoin Vector #54 Taps On-Chain Analysis as BTC Tops $82K
Glassnode's Bitcoin Vector #54 offers deep market insights on Bitcoin as its price hits $82,038, driven by on-chain and liquidity trends.
Bitcoin (BTC) Pushes Past $80K, Faces Key $85K Resistance
Bitcoin surges above $80K, driven by ETF inflows and short squeezes. Key resistance at $85K looms as market tests bullish momentum.
CME to Launch Bitcoin Volatility Futures on June 1, BTC $81K
CME Group will debut Bitcoin Volatility futures on June 1, offering institutions a CFTC-regulated way to trade BTC volatility. BTC trades at $81,529.
Colombia Eyes Bitcoin Mining Hub on Renewable Energy
President Gustavo Petro proposes a Bitcoin mining hub on Colombia's Caribbean coast, leveraging renewable energy for economic growth.
Crypto Funds Log $117.8M Inflows as Bitcoin ETFs Surge (BTC)
Crypto investment products see $117.8M inflows, Bitcoin ETFs lead with $532M in single-day gains, sustaining institutional momentum.
Crypto Fund Flows Hit $117.8M Amid Sentiment Reversal
Digital asset funds saw $117.8M inflows last week, with Bitcoin leading at $192.1M. A late-week rally offset mid-week outflows.
