Clarity Act Will Pass in 2025, McHenry Says
The banking lobby's last-ditch fight over stablecoin yields mirrors the early-80s money market war it lost.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The banking lobby's last-ditch fight over stablecoin yields mirrors the early-80s money market war it lost.
The pause comes amid mixed institutional positioning: Abu Dhabi funds held about $764M of IBIT with unchanged share counts, while JPMorgan added and Morgan Stanley trimmed.
The composite spikes at both cycle tops and bottoms, so the read is observational, not directional. Supply is quietly rotating from 1K-10K holders down to the 100-1K band.
The anniversary links Bitcoin's early four-digit milestone to a later six-figure level, offering historical context rather than a directional signal.
The figures sharpen Bitcoin's decentralization debate, but wallet counts do not equal unique holders because exchanges and custodians can pool addresses.
Whale activity can accompany sharp Bitcoin moves in either direction, but it is not a standalone forecast and could change in coming months.
Broader BTC and ETH ETF outflows neared $2.7B in two weeks, while HYPE, XRP and Solana fund inflows point to institutional rotation rather than a clean exit.
The record duration points to persistent market weakness, making a reclaim of the level the key technical sign that pressure is easing.
The sale reduces Hyperscale Data's BTC exposure while redirecting capital toward data-center infrastructure, reflecting a wider shift from mining reserves to AI and high-performance computing.
A thinner floor under spot means reflexive sell-offs now travel further before bids reappear. The structural cushion traders leaned on through the summer is rolling away quietly.
The 24-fold call surge from a $7T-asset bank is the loudest institutional Bitcoin bid signal this quarter, but the cleaner tell is the other side: UBS cut its IBIT put hedges by more than half in…
The dollar change is rounding error inside Tudor's $71.9B book, but the inflection is the story: a macro legend who sold into Bitcoin's $124K top now re-engaging with the ETF wrapper after a year of…
The 678K records include names, addresses and emails but not crypto ownership flags, giving criminals a wealth-target directory to cross-reference against on-chain footprints and prior leaks.
Strategy's STRC stress was supposed to stay contained. Strive's disclosure just turned preferred-stock discounts across the Bitcoin-treasury sector into a market-wide credit test.
Russia runs 16.4% of global Bitcoin hashrate. The Moscow-region ban joins 10 other restricted regions, and the Energy Ministry is reallocating grid capacity as data-center demand heads toward 3.6 GW…
$16.3B of Wall Street Bitcoin exposure is sorting into four positional patterns under stress. Morgan Stanley's $371M against $66.8M of decline puts it firmly in the accumulating-through-drawdowns…
The week crystallised the gap between institutional pull-in and project-level weakness: a $1.8B Mastercard stablecoin deal and Fidelity's staking push landed while over 100 projects folded and a…
Jones’ shift makes the Aug. 14 filings a key test of whether institutions are buying through the drawdown or simply trimming leveraged risk.
The $62.5K level carries added downside risk because weak ETF demand and historically thin spot liquidity could accelerate a move toward $58.5K.
MGX's $2B Binance ticket is the largest institutional stablecoin-backed crypto deal on record. Sitting through a $118M ETF drawdown without trimming is the parallel signal: sovereign capital is…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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