Bitcoin is becoming part of mainstream finance but may face deeper political polarization. Troy Cross says brand confusion and insider culture are limiting broader adoption.
Bitwise CIO Matt Hougan believes Bitcoin could mirror gold's dramatic growth after its first ETF launch, potentially reaching a $30 trillion market value.
"The next 12 months is likely to see the biggest increase in Bitcoin Banking adoption in history" is the forecast made by Strategy CEO Phong Le. Banks no longer debate the value of cryptocurrency; they are adopting it under pressure from inflation, clear regulations, and direct client demand.
K33 questioned Strategy's use of STRC preferred shares to finance Bitcoin purchases, citing the rising cost of dividend payments. The research firm estimates that STRC added $725 million to Strategy's annual dividend obligations, equivalent to approximately 8,740 BTC.
Cryptocurrency exchange Coinbase is fostering efforts to secure Bitcoin (BTC) and other digital assets following emerging security concerns. The platform proffered several solutions but hinted that a full security upgrade could take years.
Formal security proof of Bitcoin's Ark protocol could enhance trust and scalability, impacting future blockchain transaction systems. TU Wien researchers work to formally prove the security of Bitcoin's Ark protocol.
In a detailed technical post, the exchange argued Bitcoin's multi-year migration to quantum-resistant cryptography must begin before any “Q-Day,” laying out requirements spanning block space, custody and dormant coins.
Could Strive's latest game plan strengthen its position in the Bitcoin treasury race?
Michael Saylor believes Bitcoin is entering a bull market and expects its price to climb back above $100,000 during the current cycle. Strategy plans to increase its BTC purchases and continue issuing credit products, although Saylor defended the company's ability to sell part of its holdings when doing so benefits shareholders.
Bitcoin falls toward $82,000 after $729M exits US spot ETFs. BlackRock and Fidelity lead selling as inflation and Fed risks pressure BTC.
Strive just leapfrogged MARA in the corporate bitcoin rankings, snapping up another 2,822 BTC for $235 million, barely a day after revealing a $280 million purchase. The back-to-back buying spree pushed its holdings to 35,595 BTC, worth nearly $3 billion.
Bitcoin fell below $83,000 on Wednesday as hotter-than-expected US core inflation data revived expectations of further Federal Reserve interest rate hikes, triggering a fresh wave of liquidations across the cryptocurrency market. CoinGlass data showed that over $100 million in leveraged positions were liquidated in the hour after the inflation report was released.