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Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Market News
16 Aug 2026
Blockonomi
View Source
Neutral
Bitcoin supply nears limit; wealthy may struggle to own full coin as 10-20% are lost, says ex-Binance CEO CZ.

Former Binance CEO Changpeng Zhao (CZ) highlighted that Bitcoin's circulating supply has reached over 20.07 million out of the 21 million maximum, leaving less than 5% available. He estimates that 10-20% of all mined Bitcoin are permanently lost due to inaccessible wallets, further tightening supply. With 23.6 million millionaires in the U.S. alone, CZ suggests many wealthy individuals may be priced out of owning a complete Bitcoin. Meanwhile, Binance announced restrictions on transactions with 16 exchanges due to sanctions, reflecting growing regulatory pressures on the crypto market.

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Tokenized stocks traded $1B on Solana, Robinhood Chain, BNB Chain, and Base over Labor Day weekend

Tokenized stocks traded $1B on Solana, Robinhood Chain, BNB Chain, and Base over Labor Day weekend

During the Labor Day weekend when traditional stock markets were closed, tokenized stocks on decentralized exchanges traded over $1 billion in volume, nearly matching Friday's activity. Robinhood Chain led with $572.8 million in trades, followed by s...

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Binance Coin breaks $745 resistance, signaling a bullish trend with potential gains to $950-$1,000.

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Binance Coin (BNB) recently surged past the key $745 resistance level, marking a significant shift to a bullish long-term trend. Technical indicators like CMF, OBV, and RSI support this positive outlook, with the $700 zone now acting as support. The ...

Technical Signals
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Billions in Solana staking held by Coinbase, Binance, and mystery whales, highlighting hidden power in the network.

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Solana's staking landscape reveals massive holdings with Coinbase staking 24 million SOL worth $2.45 billion, Binance and Jito each managing over $1 billion, and four unidentified whales controlling $2.1 billion in SOL. These large staked positions u...

Protocol Fundamentals
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BNB Chain becomes fastest-growing blockchain by real-world asset value in 2026, surpassing Solana.

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In 2026, BNB Chain has emerged as the fastest-growing blockchain by real-world asset (RWA) value, recording a $3.6 billion increase and overtaking Solana, which grew by $2.6 billion. This growth highlights BNB Chain's expanding adoption and dominance...

Protocol Fundamentals
Bullish
1 day ago
Binance holds 693,000 BTC, highest in 2 years, signaling potential market moves amid Bitcoin price near $80K.

Binance holds 693,000 BTC, highest in 2 years, signaling potential market moves amid Bitcoin price near $80K.

Binance now holds over 693,000 bitcoins, the largest amount in two years, representing about 30% of bitcoins on major platforms. This balance grew by 77,000 BTC since late April, amid Bitcoin struggling to stay above $80,000. While this could indicat...

Market News
Neutral
1 day ago
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