O'Leary: Tokenization Is Hype Until Congress Acts
The Shark Tank investor told Consensus Miami that 97% of crypto value sits in BTC and ETH while the rest got "slaughtered" — and that Wall Street won't touch the sector until federal law lands.
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 Shark Tank investor told Consensus Miami that 97% of crypto value sits in BTC and ETH while the rest got "slaughtered" — and that Wall Street won't touch the sector until federal law lands.
Spot is sideways and altcoins are bear, but institutional rails — tokenization, custody, stablecoin plumbing — are being built out anyway, making carry strategies the default trade for patient…
A transfer of 703 BTC, valued at approximately $57.5 million at time of transaction, was recorded on-chain moving from…
The product is the first built on Payward's newly acquired Bitnomial licenses — a regulated on-ramp that keeps US retail off offshore venues and into perpetuals and options when those follow.
The break above $80K clears two on-chain cost-basis levels Glassnode tracks — the next ceiling at $85.2K is where overhead supply has historically capped rallies without stronger spot follow-through.
A heavy speaker slate — and a freshly disclosed pivot on how Strategy might fund its preferred-stock dividends — sets the tone for the conference's second day.
Seven-day flows of $1.64B across the three products point to a coordinated institutional bid — the first time the basket reads green on the same day at this scale.
Wealth manager to undercut Coinbase, Robinhood and Charles Schwab on fees as it opens the doors to roughly 8.6 million E*Trade clients — the largest US retail brokerage onboarding crypto at scale.
Day two of Consensus 2026 in Miami puts four of the industry's biggest conversations in the same room: macro markets…
Every one of the index's 20 constituents traded green, with NEAR and ICP running double-digits while BTC and ETH lagged the basket by a wide margin.
The 7% weekly rally cleared a supply zone traders have been watching since the breakdown — and the catalyst wasn't crypto-native: a sudden US-Iran thaw crashed oil 10% and reset the macro tape for…
Petro's proposal hands Colombia a seat at the table Paraguay carved out with Itaipu hydro — and lands as US miners reallocate gigawatts toward AI compute.
ZEC's rally comes backed by record shielded-pool supply hitting 30% of circulating coins and a credible institutional thesis — the on-chain signature looks more like adoption than past speculative…
Bitcoin has reclaimed the $82,000 level, adding to a recovery that has kept buyers engaged after recent volatility. The…
The 50-basis-point pilot undercuts Coinbase, Robinhood, and Schwab at 60–95 bps, and lands alongside a national trust bank charter bid for direct custody — a structural bid to own the retail crypto…
The product lands inside a prediction-market sector that traded roughly $29B in April alone, but its binary-options-adjacent format is the precise category US and EU regulators have spent years…
Aave V3 USDC borrowing costs ran from spike to fix to normalization in days — independently of where bitcoin trades — and that decoupling is the more useful read for institutional allocators watching…
Ondo, Robinhood's Bitstamp and Babylon Labs told Consensus Miami 2026 that the institutional crypto conversation has flipped from exploration to execution — though adoption still splits along…
Three months of Velo session data show the February-to-now 31% Bitcoin rally was anything but evenly distributed — and a pivot toward New York hours is already underway.
A clean break above $80K this week would put $90K within range — but the pattern of weekend resets tied to geopolitics is the resistance nobody's pricing in.
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: "O'Leary: Tokenization Is Hype Until Congress Acts" — read at /en-US/a/oleary-wall-streets-tokenization-push-is-hype-until.