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.

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week's edition, Brazil proposes the issuance of a new BRICS trade currency, Tether pushes a green bitcoin mining initiative, and the Central Bank of Brazil faces a hack.

Latam Insights: Brazil Floats BRICS Currency, Tether Pushes Green Bitcoin Mining

Elon Musk's 'America Party', a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin (BTC) Musk said on X.

Elon Musk Says America Party Will Embrace BTC as 'Fiat Is Hopeless'

The America Party's launch follows Elon Musk's highly publicized dispute with former close-ally Donald Trump over the $3.4 trillion budget bill.

Elon Musk says his new political party will support bitcoin: ‘Fiat is hopeless'

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: Michael Saylor's BTC Buys Aren't Making Up For Slowing Spot Demand, Say Analysts

Standard Chartered projects bitcoin to blast past $135,000 by Q3 and hit $200,000 by year-end, driven by ETF momentum, institutional demand, and U.S. policy catalysts. Bitcoin Targets $200K by Year-End With ETF Surge and US Policy Tailwinds Robust institutional demand and evolving U.S.

Standard Chartered Predicts Bitcoin to Smash $135K by Q3, $200K by Year-End

Traders on leading prediction markets are placing increasingly bullish bets that bitcoin ( BTC) will achieve record highs by the end of 2025, with overwhelming odds favoring a surge past $120,000.

Bullish Bitcoin Bets Soar on Prediction Markets, $150K in Sight

The Bitcoin (BTC) price has held above the support level of $108,000. The largest cryptocurrency had risen to a high of $110,700 before its fall.

Bitcoin Price Fights Against The $110,000 Level

Dogecoin

Major cryptocurrencies rose Sunday morning as the U.S. Treasury Secretary Scott Bessent hinted at upcoming trade deals before the July 9 Liberation Day tariff deadline.

Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Trade Deals Before Liberation Day Tariff Deadline

BlackRock's iShares Bitcoin Trust ETF (IBIT) is already generating substantial revenue for the world's largest asset manager, despite being on the market for less than two years.

BlackRock's Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm's Top Revenue-Generating ETF: Bloomberg Analyst

The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin BTC, trades near a record per-unit price. That's according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included in a block by miners.

Bitcoin's 'Mempool' Nearly Empty as Prices Trade Near Lifetime Highs

Bitcoin traded at $108,162 on July 6, 2025, with a market capitalization of $2.15 trillion. Daily trading volume stood at $9.49 billion, as the cryptocurrency oscillated within a narrow intraday range between $107,876 and $108,252. Bitcoin On the 1-hour chart, bitcoin exhibited muted price action with tight consolidation between $107,800 and $108,400.

Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

The past week has been a rollercoaster ride in the world of finance and cryptocurrency. The spotlight was on President Donald Trump's ‘Big Beautiful Bill' and its potential implications for Bitcoin.

Trump's 'Big Beautiful Bill' And Its Impact On Bitcoin, America's Debt Crisis And Robinhood's Blockchain Move: This Week In Crypto

Wall Street's influence has transformed bitcoin from an anti-establishment asset to a macro-driven risk asset. Bitcoin's correlation with U.S. equities has increased, challenging its status as a hedge or 'digital gold.'

Chart of the Week: Wall Street Has Claimed Bitcoin—Now What?

The CEO of one of the biggest Bitcoin mining companies in the world says that the market for turning companies into BTC treasuries is probably getting saturated.

Marathon Digital CEO Fred Thiel Warns Bitcoin Treasury Companies Becoming ‘Saturated' – Here's His Forecast

Elon Musk has announced he's starting his own political party called the “America Party," while dropping hints he's still backing bitcoin

‘Nothing Stops This Train'—$37 Trillion ‘Emergency' Behind Tesla CEO Elon Musk's ‘America Party' Primes A Bitcoin Price Bombshell

Widely followed quant analyst PlanB says that one indicator is suggesting a return to a FOMO (fear of missing out)-style bull market for Bitcoin (BTC).

Hot FOMO Bull Market for Bitcoin Likely Approaching As BTC Indicator Begins To Inch Upward: PlanB

A Canadian pharmacy manager is suing a telecom company and a trading platform after losing 12.58 bitcoins—now worth over $1.36 million—in a sophisticated SIM-swapping scam. Canadian Woman Blames Security Lapse by Telecom Employee for Crypto Loss Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.

Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam

A Coinbase director has raised suspicions that the recent movement of $8 billion in long-dormant Bitcoin may be the result of a hack. Conor Grogan, a Coinbase director, has speculated that the $8 billion in Bitcoin ( BTC) that recently “woke up” could have been hacked.

Coinbase Director Flags Possible Hack Behind $8B Bitcoin Awakening

The crypto market experienced a turbulent week, with bitcoin briefly surpassing $110,000 before ending with a modest 0.4% gain. BTC on Cusp of New All-Time High The broader crypto economy navigated a volatile week, with bitcoin (BTC), the flagship digital asset, once again testing the $110,000 level before concluding the week with a modest 0.

Weekly Crypto Wrap: BTC Recovers From Conflict Dip, Analysts Forecast New All-Time High

Robert Kiyosaki is ramping up his bitcoin holdings, calling it priceless at $107K and predicting a $1 million surge as fiat currencies face mounting collapse.

Robert Kiyosaki Buys More Bitcoin, Actively Loading up Before BTC Hits $1 Million

Bitcoin could retrace to $90,000 short term, but Arthur Hayes sees surging fiscal liquidity fueling an unstoppable rally toward a $1 million long-term price target.

Arthur Hayes Warns of $90K Bitcoin Dip Ahead of 10x Rally to $1M

As public companies and retail investors add BTC to their treasuries and portfolios, Bitcoin's volatility is approaching two-year lows.

Bitcoin faces 20-month low in volatility and monthly transactions as ETFs set new cumulative inflow record

Fidelity Investments' global macro director Jurrien Timmer says that the stage is set for Bitcoin (BTC) to have an explosive breakout.

Bitcoin Primed To Hit New All-Time High Soon Enough, According to Fidelity's Global Macro Analyst Jurrien Timmer – Here's Why

Hip hop and rap star Drake referenced bitcoin in his newly released song amid his ongoing feud with fellow rapper Kendrick Lamar. The Canadian superstar unexpectedly dropped the track “What Did I Miss” during a July 4 Youtube stream titled “ICEMAN EPISODE ONE,” where he portrayed a worker on break.

Rap Mogul Drake Name-Drops Bitcoin in New Diss Track

Drake's latest track, “What Did I Miss,” features lyrics about betrayal, luxury, and bitcoin. The rapper compares fickle friends to the cryptocurrency's rollercoaster price moves, saying he looked at it “like a BTC”: “Could be down this week, then I'm up next week.

News for Bitcoin Crypto (BTC)