A recent Bank for International Settlements (BIS) paper argues Bitcoin can't function as everyday money due to lack of credit structures and public backstops, while Michael Saylor agrees Bitcoin is better as capital than currency. Both see credit as essential but differ on whether public institutions or private structures should support it. Saylor envisions Bitcoin as a foundation for digital credit products rather than direct spending money. Despite criticisms, Bitcoin's ecosystem and use as an asset continue to grow, with ongoing debates about its future role in finance.
Bitcoin trades at Rp1.521.878.811 on Pluang as of Oct 22, 2026, 01:11 WIB, showing a 2.11% gain in the past day. The platform records a market cap of Rp30.652,27 trillion and a 24-hour trading volume of Rp501,73 trillion, reflecting active investor interest. This data provides context to the ongoing debate highlighted by the BIS paper and Michael Saylor about Bitcoin's role beyond everyday currency, emphasizing its growing status as a capital asset.
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
Bitway (BTW) surged 27.65% in 24 hours to $2.10, topping gains among the 90 largest cryptocurrencies excluding stablecoins. Overall, 78 of these assets advanced, including Rain (RAIN) up 13.45% and Pearl (PEARL) rising 12.74%. Bitcoin and Ether also ...
Bitcoin, XRP, and Cardano have seen price rebounds over the past two days, with Bitcoin rising from around $81,200 to $83,407 and XRP and Cardano also showing gains. Crypto expert Ali Martinez highlighted that these price moves coincide with spikes i...
Monero (XMR) fell 5.1% to $576, retreating from a recent high of $627, while Zcash (ZEC) rose 9.8% and Bitcoin (BTC) gained 0.9% over the same 24-hour period. The drop in Monero followed increased open interest in its derivatives, which could trigger...
Bitcoin surged past $84,000 on October 21, 2026, triggering a massive short squeeze that liquidated $188 million in bearish crypto positions, mostly on Binance. Over 71,000 traders were forced out of leveraged bets as Bitcoin approached $84,700, push...
