Binance founder Changpeng Zhao (CZ) pointed out that the supply of Bitcoin is limited, saying that soon there won’t be enough $BTC for millionaires. CZ stated that as of August 2026, the amount of Bitcoin mined will have exceeded 20.07 million, adding that only 4.4% of the total supply of 21 million is yet to […]
BlackRock’s spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded more than $90 million in combined net outflows over the last five trading sessions, adding to signs of weakening institutional demand for cryptocurrencies. In this vein, investors withdrew a net $91.4 million from the asset manager’s crypto ETF lineup between August 10 and August […]
Strategy founder Michael Saylor said that Bitcoin is reshaping the way wealth is stored and transferred by converting digital scarcity into economic value. Saylor stated that Bitcoin combines computers, digital networks, and cryptography, describing this structure as “the first digitally designed monetary network in human history.” According to Saylor, Bitcoin digitizes monetary assets entirely, ensuring […]
A cryptocurrency trader has turned a $120 investment into more than $205,000 after making an early bet on the BNB Chain meme coin NiuLai. The trader purchased 19.1 million NiuLai tokens for just $120 before the token surged in value. The wallet later sold 9.1 million tokens for approximately $25,900 while retaining 10 million tokens […]
Markus Thielen, founder of 10x Research, has cast doubt on the widely circulated prediction that Bitcoin could reach $1 million by 2030. Speaking on the Trade Secrets podcast, Thielen stated that such a price target is ‘mathematically impossible’ given current market dynamics and adoption rates. Why Thielen Calls the $1M Target Unrealistic Thielen’s argument centers […]
The $16.3 billion in Bitcoin ETF positions that CryptoSlate recently tracked ahead of the Q2 filing deadline resolved into four disclosed position patterns. Two Abu Dhabi filers held their ordinary ETF share counts steady, JPMorgan increased ordinary spot-ETF units, UBS shifted its disclosed long-options mix, and Morgan Stanley reduced external ETF units as a new […]
Saylor Frames Bitcoin as a Technology for Preserving Economic Value Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor on Aug. 15 described bitcoin as an engineering solution for storing and transferring economic value, extending his long-running argument that the asset should be understood as monetary technology rather than only a cryptocurrency. In his “What Is […]
Bitcoin has fallen to its lowest valuation region on the Rainbow Chart model, which is based on long-term price trends. Its volatility-adjusted Z-score has also dropped to its lowest level in the last 10 years. CryptoQuant analyst Axel Adler Jr. stated that Bitcoin is trading in a region that could be described as a “panic […]
A Long-Term Oversold Signal Fairlead Strategies founder Katie Stockton says the technical damage bitcoin has taken over the past several months may finally be running its course. To bolster her case, Stockton pointed to a rare long-term signal where bitcoin has registered a measurable oversold reading on two of Fairlead’s preferred long-term indicators, a combination […]
The university’s endowment kept its $101 million position in BlackRock’s bitcoin ETF unchanged in Q2, following a 43% reduction the quarter before. Harvard’s endowment did not adjust its bitcoin exchange-traded fund holding during the second quarter, according to filings reviewed by The Block and CryptoBriefing. The position, held through BlackRock’s spot bitcoin ETF, was valued […]