BITCOIN

 

What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.


Stablecoins, Tokenization Rank Higher Than Bitcoin Among Advisors: Bitwise
Bitwise says financial advisors are prioritizing stablecoins and tokenization over Bitcoin, signaling a shift in crypto investment focus.
Bitcoin (BTC) Struggles Near $60K as Institutional Demand Erodes
Bitcoin remains under pressure near $60K as institutional demand weakens, with over 95% of recent buyers underwater. Key support levels tested amid slowing treasury inflows.
Bitcoin L2 Botanix Shuts Down Amid Weak DeFi Adoption
Botanix, a Bitcoin scaling network, is closing operations by July 9, citing poor demand for Bitcoin-native DeFi. Withdraw assets now.
Chinese Man Gets 10+ Years for Stealing 107 BTC Using Memorized Key
Qingdao court sentences man to 10 years for 107 BTC theft, affirming Bitcoin as property under Chinese criminal law despite a trading ban.
Michael Saylor Hints at BTC Buy as Strategy Dividend Vote Looms
Michael Saylor signals potential Bitcoin purchase ahead of a key shareholder vote on dividend changes for Strategy's preferred stock.
Bitcoin ETFs Face $1.7B Weekly Outflows as Macro Risks Mount
Spot Bitcoin ETFs saw $1.7B in outflows last week, marking a fourth straight week of billion-dollar redemptions as investors react to macro uncertainties.
Strategy Buys 1,550 BTC, Total Holdings Near $54B
Strategy adds 1,550 Bitcoin, increasing its holdings to 845,256 BTC worth $53.8B. The move follows controversy over its first BTC sale.
Bitcoin (BTC) Recovers to $64K After Sell-Off Below $60K
BTC fell below $60K amid $1.6B liquidations but rebounded to $64K. Weak institutional flows and heightened volatility signal continued caution.
Saylor Pushes Bitcoin (BTC) Expansion Amid Demand Reset
Michael Saylor calls for Bitcoin's integration into banks, credit markets, and financial infrastructure as ETFs see outflows and demand resets.
Strategy's Bitcoin Sale Tests Treasury Model Assumptions
Strategy’s first Bitcoin sale since 2022 sparked market reactions, challenging the 'never sell' narrative as BTC price drops 3.4%.

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