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Early Uber investor urges selling Bitcoin to invest in Solana and other productive crypto projects.

Market News
04 Aug 2026
UToday
View Source
Neutral
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Jason Calacanis, an early Uber investor, has criticized Bitcoin and Michael Saylor's Bitcoin strategy, urging investors to sell half of their Bitcoin holdings and invest in projects like Solana and Bittensor that are delivering real products. Although Calacanis previously distanced himself from Solana, he now praises its practical applications and entrepreneurial activity. He also warns against investing in Strategy shares due to financial risks and market distortion caused by Saylor's dominance. This shift highlights growing interest in alternative cryptocurrencies with tangible use cases.

More News (BTC)

US intervenes to support Japan's yen for first time since 1998, impacting Bitcoin and global markets.

US intervenes to support Japan's yen for first time since 1998, impacting Bitcoin and global markets.

The United States, alongside Japan's Bank of Japan and Ministry of Finance, has intervened in currency markets to support the Japanese yen for the first time since 1998. This coordinated action aims to counter Japan's ultra-loose monetary policy and ...

Market News
Neutral
5 hours ago
Bitcoin rises amid geopolitical tensions but bottom not confirmed; Ethereum eyes $2,000 break

Bitcoin rises amid geopolitical tensions but bottom not confirmed; Ethereum eyes $2,000 break

Bitcoin briefly surged above $64,000 before settling near $62,000 as traders weighed geopolitical risks from Iran and corporate Bitcoin sales. Ethereum remained steady around $1,800, with analysts optimistic about a potential rise past $2,000. Over $...

Market News
Neutral
8 hours ago
Jim Cramer plans to sell all bitcoin, fearing quantum computing could break its security within 3 years.

Jim Cramer plans to sell all bitcoin, fearing quantum computing could break its security within 3 years.

Jim Cramer announced he intends to sell all his bitcoin due to concerns that advances in quantum computing, particularly from IBM, could break Bitcoin's cryptographic security within about three years. This follows warnings from IBM's CEO about the p...

Market News
Bearish
12 hours ago
Bitcoin rebounds above $63,800 amid strong US manufacturing data and oil price drop.

Bitcoin rebounds above $63,800 amid strong US manufacturing data and oil price drop.

Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...

Market News
Bullish
16 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $63,757 and notable gains in ZEC and ATOM.

Cryptocurrency prices show mixed movements with Bitcoin near $63,757 and notable gains in ZEC and ATOM.

Cryptocurrency markets display a range of price changes, with Bitcoin trading around $63,757, up 0.94%. Ethereum and Binance Coin also show slight increases. Noteworthy gains include Zcash (ZEC) rising 4.33% and Cosmos (ATOM) up 7.07%. Some tokens li...

Market News
Bullish
18 hours ago
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