Michael Saylor, founder of Strategy, emphasized that corporate adoption is essential and inevitable for Bitcoin to evolve into a global currency network. Strategy's $3 billion cash reserve helps reduce concerns about forced Bitcoin sales, a positive signal noted by JPMorgan amid fluctuating ETF demand. Meanwhile, Bitcoin Japan plans its first treasury Bitcoin purchase, signaling growing corporate interest beyond the U.S. Saylor contrasts Bitcoin's fixed supply with AI investment trends, positioning Bitcoin as monetary protection rather than a tech rival, highlighting the role of corporate structures in Bitcoin's future growth.
A Bitcoin wallet accidentally paid 1.6 BTC (about $102,778) entirely in network fees without transferring any coins. This happened because an automated script repeatedly increased the transaction fee using Replace-by-Fee (RBF), eventually consuming t...
Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong g...
Bitcoin fell to around $63,500 following July's Consumer Price Index data that matched analyst expectations, easing immediate concerns about Federal Reserve rate hikes but failing to boost crypto markets. The probability of a September Fed rate hike ...
Bitcoin showed only a mild 0.5% gain after the US July CPI matched expectations at 3.4%, failing to break the $65,000 resistance. While lower rate hike odds for September eased some pressure, the muted market reaction questions the strength of the so...
Bitcoin traded near $63,800 after U.S. July inflation data matched expectations, failing to spark new momentum in crypto markets. Consumer prices rose 0.1% monthly and 3.4% annually, easing fears of a near-term Fed rate hike. Bitcoin ETFs saw $61.1 m...
