Ripple CTO Emeritus David Schwartz recently weighed in on an X conversation, explaining the logic behind Bitcoin hard forks in the process. An X user had questioned the value of a new PoW fork, citing Bitcoin Cash and the most recent BIP-110 proposal. While forks can address “surface” issues, such as whether a network has
Tudor Investment, founded by billionaire investor Paul Tudor Jones, increased its direct stake in BlackRock’s spot bitcoin ETF in the second quarter while cutting its reported call option position in the fund by 85%. The firm held 688,529 shares of the iShares Bitcoin Trust ETF (IBIT), valued at $22.9 million as of June 30, according
The Bitcoin price prediction right now comes down to a single chart level, with $BTC trading at $62,983 directly on the lower boundary of an ascending channel that’s held every pullback since June, and $52,000 as the target if that boundary fails. $BTC Price Analysis: Channel Floor or $52,000 — That Is the Only Question
Binance founder Changpeng Zhao (CZ) said on X that Bitcoin’s cumulative mined supply has surpassed 20.07 million as of August 2026, reaching 95.6% of its maximum supply of 21 million. Zhao noted that only 4.4% of the total supply remains to be mined, and he estimated that 10% to 20% of existing $BTC has been
Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively tested the $62,500 to $62,560 zone that has held as the floor of a five-week trading range between roughly $62,000 and $66,000. Bitfinex found Bitcoin tested the $65,000 to $65,500 region six times between
Renowned cryptocurrency analyst Benjamin Cowen, in his new analysis video, examines the movements of large whales in the Bitcoin market. Evaluating the market, Cowen interprets the current situation and historical trends in light of on-chain data. Cowen pointed out that metrics tracking whale activity work differently than traditional risk indicators. He stated that sudden surges
The thorniest part of Mike Wilson’s pitch isn’t the gold call itself. It’s the word defensive. The Morgan Stanley chief US equity strategist and CIO told Bloomberg Money that gold has been in a bull market for 25 years and still functions as a portfolio shield, according to the original report. For crypto allocators, that
Grayscale Says Bitcoin Adoption Can Outlast the Bear Market Bitcoin adoption can continue rising even if short-term prices remain unsettled, Grayscale Head of Research Zach Pandl said on Aug. 12, identifying three forces driving bitcoin adoption over the medium and longer term. Pandl pointed to government deficits, blockchain adoption, and generational changes in portfolio construction
Edelman Financial Engines has disclosed a $34 million position in spot Bitcoin ETFs — a stake that now exceeds some of the firm’s other holdings in major tech companies. While the position is still tiny in the investment advisor’s portfolio, it is still larger than its $25 million position in Amazon. The position — held
On Friday, August 14, Bitcoin [$BTC] briefly fell below the $63k mark, falling as low as $62,535. Incidentally, earlier in August, the same $62.5k area set up a Bitcoin price rebound up to $65.5k. The $BTC average production cost, or mining cost, stood at $76.5k. Despite a 17% drawdown from this price level, miners remained