The crypto market is up slightly today, August 16, as traders await the release of the Federal Open Market Committee (FOMC) meeting, which will come out on August 19. Bitcoin (BTC) and Ethereum (ETH) are stuck at $63,000 and $1,800, respectively, while Ripple (XRP) is defending the support at $1. Ad Ad What is Driving
The post Crypto Market Update August 16: Bitcoin, Ethereum and XRP Stall Ahead of FOMC Minutes appeared first on CoinGape .
The state reserve is separately tied to IBIT, while the filing names neither the owning portfolio nor a reliable dollar value.
The post Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million appeared first on CryptoSlate .
Financial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.
Strategy's preferred shares beat Bitcoin over one year, but MSTR stock fell 75%. See who really won the duel.
The post MicroStrategy vs. Bitcoin: Who Won the 1-Year Performance Duel? appeared first on BeInCrypto .
CZ says millionaires will soon fail to afford one full Bitcoin, because lost and dormant coins keep shrinking the float.
The post Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ appeared first on BeInCrypto .
Three months ago, we examined how public bitcoin miners were beginning to dismantle or repurpose mining fleets for AI and high-performance computing infrastructure. This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag. Subscribe to receive it […]
Veteran trader Peter Brandt has once again taken aim at XRP, dismissing the cryptocurrency and saying he would immediately convert even a 500,000-XRP position into Bitcoin.
Saylor recasts Bitcoin as stored energy and argues fiat leaks value, while BTC trades 47% below last year.
The post Bitcoin Is a ‘Deep Freeze’ for Money. What Does That Actually Mean? appeared first on BeInCrypto .
Adam Back rejects Peter Todd's call to lift Bitcoin's 21 million supply cap, calling the case a false narrative.
The post Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap appeared first on BeInCrypto .
Binance founder Changpeng Zhao, also known as CZ, is once again gaining attention from the crypto market participants with his latest analysis and comments. For context, CZ has recently warned that owning one full Bitcoin would become difficult even for millionaires. Notably, his latest comments focus on the fixed supply of Bitcoin and potentially lost
The post Binance Founder CZ Says Millionaires May Struggle to Afford 1 Bitcoin, Here’s Why appeared first on CoinGape .
Binance's CZ discusses Bitcoin's growing scarcity, suggesting that the number of tokens left in the Bitcoin available supply may be lower than expected.
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
