None of these layers necessitate staking, changes in the protocol, or any new currency imitating Bitcoin. Essentially, they work under known capital market schemes that have already been used for mortgages, municipal bonds, and preferred stocks. “Bitcoin remains Bitcoin. The world builds on top.” — Michael Saylor, Bitcoin, Digital Credit, and Digital Money, June 16,
Bitcoin’s recent price surge is drawing attention from institutional investors as doubts grow over the returns from AI-related equities, according to Bill Miller IV, CIO of Miller Value Partners. In a recent interview with CNBC, Miller highlighted that long-term investors are increasingly turning to cryptocurrency as a hedge against fiscal instability, signaling a potential rotation
Arthur Hayes says Scott Bessent is becoming Janet Yellen through Treasury liquidity. Arthur opens “Same Same But Different” with a night at Pacha. Scott, his “Buffalo Bill,” runs into Yellen. Yellen mocks him because his buyback increase calmed yields for only one session. Arthur’s point is that Scott sounded different from Yellen, yet both reach
In El Zonte, the coastal village known as “Bitcoin Beach” and once celebrated as a flagship of El Salvador’s Bitcoin adoption, Bitcoin payments have all but disappeared. Bitcoin Core developer Jon Atack told Bitcoin.com that when he attempted to pay with Bitcoin at a local restaurant, a staff member responded in English, “this month’s first
The 365-day moving average around $83,000, which may prove to be one of Bitcoin’s most significant technical tests, is now within striking distance of the asset thanks to its comeback. Bitcoin is currently trading between $80,000 and $81,000 after an incredible comeback from the $63,000 to $64,000 range. Even more challenges to come Several significant
Bitcoin $BTC$79,380.27 has surged by 25% to $80,000 in a week. Still, one bastion needs to fall before the bulls can claim victory. That hurdle is the simple moving average price over the past 50 weeks, currently around $81,087. Historically, reclaiming this level has been one of the clearest signs that a bear market is
Bitcoin completed a remarkable turnaround in the past week, surging from under $65,000 on Wednesday to a three-month high above $81,000 earlier this morning. The move began abruptly on August 19, accelerated in the following days, and, unlike the previous breakout attempts, was not halted painfully in its tracks. Obviously, something changed in the market,
In a notable move that underscores the current bullish sentiment in the cryptocurrency market, two whale wallets—believed to be controlled by the same entity—have closed their Bitcoin long positions after holding them for approximately two months. The transactions, executed about an hour ago, locked in a combined profit of $11.6 million. Details of the Trade
Wall Street giant Goldman Sachs has turned cautiously optimistic on the crypto market for the second half of 2026, despite lower trading volumes. The Wall Street giant has also increased its crypto ETF positions and recommends buying crypto stocks such as Coinbase Global (COIN) and Robinhood Markets (HOOD).