In 2140, the last of the world’s 21 million Bitcoins will have been mined. At that point, the bulk of miners’ income will have disappeared. Instead, the network’s security will completely rely on transaction fees. According to experts from OKX Singapore, JuCoin, and XBO, the timeline gives the community enough time to prepare for this…
Many traders have traditionally seen Bitcoin’s halving event as a predictable indicator of a looming price rally. In 2024, however, the cycle broke away from its precedent. For the first time, Bitcoin’s price surged before rather than after the halving episode. Derivatives trading experts have told BeInCrypto that the pre-halving price rally will likely become…
Bitcoin (BTC) quietly closed a long-watched CME futures gap at $117,400. While some traders see the technical milestone as the final step before a breakout, others warn of turbulence ahead. The CME gap phenomenon refers to price differences that appear between the Friday close and Sunday open on the Chicago Mercantile Exchange’s Bitcoin futures market….
Treasury Secretary Scott Bessent confirmed the US will not purchase Bitcoin (BTC) to build its Strategic Bitcoin Reserve (SBR). Instead, it will rely solely on assets from legal seizures. This approach has sparked criticism for potentially limiting reserve growth. As the debate in Washington shifts to how the country might still strengthen its position in…
The crypto derivatives market is facing a major test today as over $6 billion in Bitcoin (BTC) and Ethereum (ETH) options expire. Today’s expiring options sets the stage for strategic repositioning among traders and potential heightened volatility into the weekend. Bitcoin, Ethereum Options Expiry Looms with Over $6 Billion at Stake Data on Deribit shows…
Institutional demand for Bitcoin is growing exponentially. However, the supply needed to meet it is becoming increasingly limited. In a conversation with BeInCrypto, SwissBorg Exchange Chief Wealth Officer Christophe Diserens said that massive Bitcoin holders like Strategy (formerly MicroStrategy) or Marathon Holdings may need to step up to provide liquidity. The Scarcity Paradox: Demand vs….
TeraWulf, a Bitcoin miner, completed a deal with Fluidstack to build out its AI data center for $3.7 billion. Google will backstop $1.8 billion in exchange for ~8% ownership in TeraWulf. Over the next ten years, the firm will bring more than 200 MW online at Fluidstack’s New York data center. If this deal goes…
Steak ‘n Shake had a large increase in sales last quarter, and the company credits Bitcoin for its success. The firm began accepting BTC payments in stores across several countries, and it’s interested in more upgrades. Comparatively, other fast food chains like McDonald’s, Domino’s, and Taco Bell posted slow or negative growth. It’s hard to…
Blue Origin, Jeff Bezos’ private spaceflight company, will now accept payments in Bitcoin and other leading cryptoassets. Eligible tokens include ETH, SOL, USDT, and USDC. Justin Sun, founder of Tron, used one of the company’s flights to space earlier this month. Blue Origin is making inroads with the crypto industry, potentially capturing imaginations worldwide. Blue…
As Bitcoin price surges above $120,000 again, MicroStrategy and Trump Media are laying the groundwork for huge investments. The President’s media firm amended its Bitcoin ETF application in a latest SEC filing. MicroStrategy, for its part, made a relatively small purchase last week. This follows a massive investment the week prior, however, and the firm…