BTC Needed to Buy an iPhone Falls From 1.23 BTC to 0.01 BTC
The decade-long comparison puts Bitcoin's purchasing power, not its dollar price, at the center of the store-of-value case.
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 decade-long comparison puts Bitcoin's purchasing power, not its dollar price, at the center of the store-of-value case.
The everyday comparison makes Bitcoin's purchasing power tangible: fewer BTC are needed for the same good, strengthening its store-of-value case.
1.4K $BTC (≈114M) moved from unknown wallet to Coinbase Institutional.
1.2K $BTC (≈91.7M) moved from unknown wallet to Coinbase Institutional.
The level defines the next directional break: clearing it shifts long-term market structure bullish, while rejection puts recent longs under pressure.
The analyst pairs this trigger with a fresh economic expansion case and flags a near-term pullback to the upper $60Ks on BTC as the more likely path before any breakout leg.
Scrapping the 12-month tax-free sale removes a structural tailwind for Europe's deepest retail crypto market.
August's 24.4% hashprice rally is already being absorbed by a 1.31% difficulty bump, and Texas's seasonal curtailment window closes in September. The restart itself becomes the squeeze.
655 $BTC (≈51.7M) moved from Coinbase Institutional to unknown wallet.
A ¥360 trillion carry book is the channel: yen strength can drag BTC through portfolio deleveraging even when no one's short BTC, with the BoJ's Sept. 17-18 meeting as the trigger.
The crossover is the same formation that preceded Bitcoin's prior run to $126,200, which is why traders are mapping the next leg to six figures rather than waiting for confirmation.
The sell-out points to genuine consumer demand at the intersection of crypto-native branding and mainstream sneaker culture, a space few institutional Bitcoin holders have tested.
732 $BTC (≈58M) moved from unknown wallet to #OKEX.
The 4,100 BTC taken by impersonating Google and Gemini staff is one of the largest crypto thefts ever prosecuted on US soil, and the guilty plea resets the bar for social-engineering risk.
The breach sits on the Nomic side of the bridge, not Cosmos or Osmosis consensus, but roughly 36% of Alloyed BTC's backing is still on the line until governance acts on the seizure vote.
Pausing BTC accumulation while buying back equity signals a tactical shift in capital allocation, with the firm prioritizing share value over expanding its Bitcoin treasury this week.
With 85% of its ETH staked and annualized staking revenue projected at $330 million, BitMine's treasury strategy is generating yield at a scale no institutional crypto holder has approached before.
With no new BTC purchases and no ATM share sales in the latest reporting week, Strategy's aggressive $2B buyback expansion signals confidence in its balance sheet rather than urgency to accumulate.
1K $BTC (≈78M) moved from unknown wallet to #Coinbase.
927 $BTC (≈72.6M) moved from unknown wallet to #Coinbase.
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.
Most recent Bitcoin coverage: "BTC Needed to Buy an iPhone Falls From 1.23 BTC to 0.01 BTC" — read at /en-US/a/btc-needed-to-buy-an-iphone-falls-from-123-btc-to-001-btc.