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.

Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay, backed by a $20 billion bank commitment alongside a $519 million bitcoin treasury that CEO Ryan Cohen quietly built during fiscal 2025. Key Takeaways: Gamestop offered $55.5B for Ebay at $125/share, with TD Bank providing $20B in debt financing.

Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury

Ethereum

A leading cryptocurrency analyst predicted on Monday a bullish breakout for Ethereum (CRYPTO: ETH) if it closes above the crucial resistance at $2,375. Why The Level Holds Significance In an X post, Ali Martinez highlighted ETH testing the upper resistance of a descending 4-hour channel at $2,375, a level that previously triggered rejections.

Bitcoin Tops $80,000 After A 3-Month Wait—What Happens To Ethereum Next?

Bitcoin (CRYPTO: BTC) climbed back above the key $80,000 level on Monday for the first time in three months, supported by renewed capital inflows and improving market sentiment. Bitcoin ETF Inflows Fuel Price Surge Data from DefiLlama shows $630 million flowed into spot bitcoin ETFs on the first day of May, extending a streak that helped make April the strongest month since October.

Bitcoin Smashes Back Above $80,000 After 3 Months As ETF Money Floods In

Blackrock's European iShares Bitcoin exchange-traded product has crossed $1.1 billion in assets under management just over a year after its launch, confirming that institutional demand for regulated bitcoin exposure has taken hold well beyond the U.S. market. Key Takeaways: Blackrock's European IB1T ETP crossed $1.1 billion AUM with 14,200 BTC as of May 4, 2026.

Blackrock's European Bitcoin ETP Surpasses $1.1 Billion in Assets With 14,200 BTC

While ETF inflows have resumed, the recovery has yet to match last fall's peak.

The bitcoin ETF recovery in flows is real. It is just not complete yet

Traders betting against Bitcoin and the crypto markets are getting liquidated as BTC's price pushes above $80,000. IIn the last 24 hours, a total of $375.02 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going short, coming in at $304.96 million.

$357,020,000 in Bitcoin and Crypto Liquidated As BTC Price Pushes Above $80,000

Over $150 million in crypto short positions were wiped out in a single hour on May 4, 2026, as bitcoin's breach of $80,000 triggered one of the sharpest short squeezes seen in recent months. Key Takeaways: $150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.

$150 Million in Crypto Shorts Liquidated in 60 Minutes as Bitcoin Clears $80,000

Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks.

Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target

Michael Saylor says the company will resume purchases next week, but the pause lands as analysts focus on losses and the growing complexity of Strategy's preferred-stock funding machine.

Strategy pauses bitcoin buys before Tuesday earnings

Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026.

Veteran trader Peter Brandt sees bitcoin hitting $250,000, but only after a bottom later this year

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Trump said the US will guide stranded ships through the Strait of Hormuz, while an Iranian official warned that this could violate ceasefire.

Bitcoin rises past $80,000, breaking ‘major' psychological resistance zone

Strategy's Q1 earnings report is set to release on Tuesday, with Wall Street expecting a $18.98 loss per share.

Michael Saylor's Strategy pauses weekly bitcoin purchases ahead of Q1 earnings release

Dogecoin

Cryptocurrency markets held steady as stock futures jumped Sunday, driven by fresh developments in the U.S.–Iran conflict following President Donald Trump's "Project Freedom" announcement.

Bitcoin, XRP Flat, While Ethereum, Dogecoin Spike After Trump's 'Project Freedom' Announcement: Why This Analyst Suggests BTC's Bottom Is Here

Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go.

Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet

Onchain data shows 793.36 sleeping bitcoins changed hands between May 1 and May 3, 2026, with a notable portion traced back to wallets that had not moved coins since 2011. Key Takeaways: Onchain data shows 793 BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets.

Dormant Wallets Spend 793 BTC Over 72 Hours as Bitcoin Crosses $79,000

Gareth Soloway, chief market strategist and president of Verified Investing, told David Lin of The David Lin Report (TDLR) that bitcoin is forming a bear flag that could send prices down roughly 38% to $50,000, while the S&P 500 is flashing the same signals seen at the peak of the dot-com boom.

Gareth Soloway Warns Bitcoin Could Drop to $50K as Bear Flag Tightens at $85,000

Bitcoin is consolidating below a critical resistance zone on May 3, 2026, as mixed short-term signals meet strong underlying trend support. Key Takeaways: Bitcoin holds $78K on May 3, 2026, as market data shows consolidation below $80K resistance. TradingView indicators show 62 RSI and mixed signals, signaling indecision across crypto markets.

Bitcoin Technical Setup Points to Key Breakout Zone Near $80K

Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company's latest disclosed buy, leaving traders watching his orange-dot posts for the next signal. Key Takeaways: Strategy paused bitcoin purchases after its latest disclosed $255 million BTC acquisition.

Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings

This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s) threshold. Key Takeaways: Bitcoin difficulty fell 2.

Bitcoin Difficulty Falls 2.3% as Hashrate Slips Below 1 ZH/s and Block Times Slow

A Taiwanese legislator has formally presented a proposal to the country's premier and central bank governor to allocate part of Taiwan's $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun presented a BPI bitcoin reserve report to Taiwan's premier and central bank.

Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest

Bitcoin's price rose about 20% in April, but the rally was driven by speculative perpetual futures demand while spot demand remained weak, CryptoQuant said.

CryptoQuant says bitcoin's April price surge was ‘speculative' as spot demand remains weak, warns of correction risk

Venture capitalist and entrepreneur Erik Finman made a bet with his parents that if he became a millionaire by 18, they wouldn't force him to college. He won eventually, all thanks to Bitcoin (CRYPTO: BTC).

Grandma's $1000 College Fund Gift Turned Him Into A Bitcoin Millionaire By Age 18: Here's How This High School Dropout Made It Happen

Bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in BTC futures open interest at 134,620 BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2.

Mixed Signals: Bitcoin Options Show 58% Calls vs 42% Puts as Price Holds Steady

Paradigm researcher Dan Robinson published a proposal on May 1 that could let dormant bitcoin holders, including those believed to be Satoshi Nakamoto's coins, silently prove address control before quantum computers can crack their keys.

News for Bitcoin Crypto (BTC)