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Category Bitcoin (BTC) News

Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ

Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ

In Brief CZ says millionaires will soon be unable to afford one full Bitcoin. Only 20.07 million coins exist against 57.5 million millionaires wor...
Bitcoin Is a ‘Deep Freeze’ for Money. What Does That Actually Mean?

Bitcoin Is a ‘Deep Freeze’ for Money. What Does That Actually Mean?

In Brief Michael Saylor says money is stored energy and Bitcoin conserves it best. He judges gold as too physical and fiat currency as too politic...
Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap

Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap

In Brief Peter Todd argues Bitcoin needs perpetual issuance to pay miners after 2140. Adam Back calls the push a false narrative aimed at uninform...
Wall Street Only Looked Like This in 1929 and 2000: What It Means for Bitcoin?

Wall Street Only Looked Like This in 1929 and 2000: What It Means for Bitcoin?

In Brief The Shiller CAPE ratio for the S&P 500 currently sits near 40 to 42, close to its record high. Readings above 30 have historically prece...
Bitcoin Drop Cost Abu Dhabi $118 Million: Will They Sell?

Bitcoin Drop Cost Abu Dhabi $118 Million: Will They Sell?

In Brief Abu Dhabi's two sovereign funds lost $118 million on IBIT without selling a share The stake topped $1 billion in May before June wiped ou...