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.

Florida has stepped back from a proposal to allow state-managed public funds to invest in Bitcoin (CRYPTO: BTC), after House Bill 487 (HB 487) was withdrawn from legislative consideration alongside its companion Senate Bill 550. What Happened: The withdrawal was formally recorded on May 3, a day after the Florida Legislature adjourned its 2025 session, according to public records, The Block reported.

Florida Presses Pause On Bitcoin Reserve Bill: Here's What Happened

Bitcoin Magazine UK Treasury Secretary Says No To National Bitcoin Reserve The UK government has rejected the idea of establishing a national Bitcoin reserve, with Economic Secretary to the Treasury Emma Reynolds stating that following the U.S. approach to stockpiling Bitcoin is "not appropriate for our market." This post UK Treasury Secretary Says No To National Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Vivek Sen.

UK Treasury Secretary Says No To National Bitcoin Reserve

Binance founder Changpeng Zhao also commented on memecoins, saying 99.99% of them will fail and that they distract from real innovation.

Binance founder CZ says bitcoin could hit $500,000 to $1 million this cycle

Singapore-based developer of bitcoin mining ASIC chips and rigs Canaan (CAN) has had a rough run, but could be a five-bagger, suggests Benchmark analyst Mark Palmer.

Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst

Bitcoin (BTC) options market flows signal moderate risk aversion ahead of Federal Reserve (Fed) Chair Jerome Powell's expected remarks on a potential June rate cut Wednesday.

Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell's Comments

Bitcoin (CRYPTO: BTC) is down 0.5% over the past 24 hours as traders eye a potential local top one day before the Federal Reserve announces its interest rate decision What Happened: Crypto trader Astronomer said on Tuesday there's a chance Bitcoin may form a short-term top around the FOMC meeting. He cautions this signal is weak by itself and shouldn't trigger trades without supporting data.

Bitcoin Dips Below $94,000 As Traders Eye Potential Short-Term Top

On Monday, two long-dormant wallets—first activated in July 2013, precisely a decade and ten months ago—moved 3,421 bitcoin valued at $322.5 million, marking their first transaction since inception. Long-Dormant Silk Road Wallets Move Millions in Bitcoin Data compiled on May 5, 2025, reveals two separate transactions (1,2) originating from wallets established in July 2013.

Ghosts of the Silk Road: Dormant Wallets Move Over $322M in Bitcoin

A closely followed crypto analyst says that Bitcoin may have one last breakout rally before altcoins start to outperform BTC. The pseudonymous analyst known as Rekt Capital tells his 546,300 followers on the social media platform X that the Bitcoin dominance (BTC.

Bitcoin Has ‘One Final Leg' of Outperformance Before Altcoins See Boost, According to Crypto Analyst

A leak has revealed Wall Street companies are quietly betting on a Trump-fueled bitcoin price rally

Leak Reveals Wall Street Is Quietly Gearing Up For A Huge Bitcoin And Crypto Price Boom

Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead.

Mexican Billionaire Ricardo Salinas: Investing in Real Estate Is ‘Bullshit,' Buy Bitcoin Instead

As bitcoin (BTC) and the wider crypto market await the Fed's rate decision on Wednesday, an anomaly has emerged that could weigh heavily on market mood: renewed doubt over the passing of U.S. crypto regulation.

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Demand

Bitcoin Mechanic, the pseudonymous global head of sales at Ocean Mining, stressed that Bitcoin Core developers were colluding with Citrea, a Bitcoin Zero Knowledge (ZK) expansion product, to facilitate the inclusion of so-called “spam” in the blockchain.

OP_RETURN Conflict: Ocean Mining Accuses Core Developers of Colluding to Fill Bitcoin With ‘Spam'

Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve.

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration

Charlie Shrem's newly launched 21million.com aims to distribute free Bitcoin, echoing Gavin Andresen's 2010 faucet concept.

New Bitcoin Faucet Launches—But There's No Free Coins Yet

The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January.

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

The House Bill 487 and Senate Bill 550 were 'indefinitely postponed and withdrawn from consideration,' the state legislature's website said.

Florida indefinitely postpones two strategic bitcoin reserve bills

Cardano

Cardano's ADA and XRP led losses among majors on Tuesday as traders await the outcome of the upcoming Federal Reserve (FOMC) meeting, where rates are expected to stay unchanged but Fed chair Jerome Powell's comments could provide cues on further market positioning.

Cardano's ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip' FOMC Meeting

The CIO of the crypto asset management firm Bitwise says Bitcoin (BTC) is going through the next phase of its natural evolution. In a new Crypto Prime interview, Matt Hougan points out a key difference between the current Bitcoin bull market and the one witnessed in 2020.

Bitcoin Transitioning From Risk To Hedge Asset As Institutions and Governments Adopt BTC, Says Bitwise CIO

Two Bitcoin (CRYPTO: BTC) investors, dormant for over a decade, moved roughly $325 million worth of the asset on Monday, sparking intrigue in the cryptocurrency community. What Happened: According to on-chain tracker Spot On Chain, the first whale moved 2,343 BTC, worth $222.2 million, to a new wallet after 10.5 years of inactivity.

Two Dormant Bitcoin Whales Move $325 Million After A Decade: What's Going On?

The debate over Bitcoin's OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release.

Bitcoin Developers Plan OP_RETURN Removal in Next Release

The push for state-level digital asset reserves is hitting resistance nationally, despite early-year optimism among Bitcoin advocates.

Florida Joins Growing List of States Knocking Back Bitcoin Reserve Bills

The publicly traded Bitcoin miner sold 475 Bitcoins last month, including all of the tokens it mined in April.

Riot Platforms Sells $44 Million in Bitcoin Amid Mining Industry Headwinds

Storied investor Warren Buffett is also a prominent Bitcoin critic. As he prepares to step down, here are some of his top BTC slams.

'Rat Poison Squared': Legendary Investor and Bitcoin Hater Warren Buffett Is Retiring

The medical device company executed its third large Bitcoin buy in less than two weeks, bringing its BTC treasury's total value to $342 million.

Semler Scientific Adds $16.2 Million of Bitcoin as It Ramps Up BTC Buying Spree

Bitcoin Magazine Bernstein Analysts Predict Michael Saylor's Strategy And Other Corporations Could Buy $330 Billion in Bitcoin by 2030 Bernstein analysts predict corporations could pour $330 billion into Bitcoin within five years, inspired by Strategy's bold strategy under Executive Chairman Michael Saylor. This post Bernstein Analysts Predict Michael Saylor's Strategy And Other Corporations Could Buy $330 Billion in Bitcoin by 2030 first appeared on Bitcoin Magazine and is written by Oscar Perez.

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