Bitcoin

Deconstructing the Growth Logic of Non-Bank Lending During the Post-GFC Credit Vacuum, Citing IMF/BIS Warnings on Valuation Infrequency, Opaque Systemic Interconnections, and Retail Liquidity Mismatches, Emphasizing the Trust Workflow of Digital Credit Replacing Private Credit, and Predicting That the Next Decade of Credit Belongs to Structures Combining Yield + Transparency + Resilience Rather Than Narrative Packaging.

This article analyzes how non-monetary data, such as Ordinals, has exploited vulnerabilities in Bitcoin Core to persistently congest the blockchain, undermining node accessibility and decentralization. It also introduces BIP-110 as the first data-validated, practically implementable one-year surgical solution to address these issues.

In February, the crypto market experienced a deep correction, with Bitcoin briefly approaching its realized price. This article systematically analyzes the causes and phased characteristics of this decline by examining the Coinbase premium, ETF fund flows, order book liquidity, and on-chain valuation metrics. It also explores whether the crypto market is entering a bottoming range amid the parallel forces of a risk-off environment and structural trends.

This article systematically analyzes the core trends in Bitcoin's shift from a fringe asset to a strategic allocation for institutions, including ETFs and DATs absorbing 1.2 times the new supply, corporate holdings reaching 5.7%, the U.S. strategic reserve of 325,000 coins, and regulatory tailwinds such as the CLARITY Act.

This article provides an in-depth look at a systemic attack targeting Bitcoin: Ordinals inscriptions are exploiting the CVE-2023-50428 vulnerability, resulting in excessive node data growth. At the same time, Bitcoin Core has declined to implement a fix and has lifted existing limitations, putting decentralized validation and Bitcoin’s $1 million market cap potential at risk.

Bitcoin is a decentralized digital currency system designed for peer to peer value transfer and long term value storage. It was created by Satoshi Nakamoto and operates without relying on any central authority. Instead, it is maintained collectively through cryptography and a distributed network.

Bitcoin integrates block production rights, monetary issuance, and network security into a single system through Proof of Work. This design stands in fundamental contrast to Ethereum, which centers on smart contracts and programmability.

The fundamental difference between Bitcoin and Ethereum does not lie in surface features such as "whether they support smart contracts" or "how fast transactions are processed". The real distinction runs much deeper, rooted in the very missions each system was designed to fulfill from the beginning.

PI mining and BTC mining are both mechanisms for participating in crypto networks and earning native tokens, which is why they are often discussed in the same context.

Strategy posted a $12.4 billion loss for the quarter, underscoring the stress on its capital flywheel, which is highly dependent on Bitcoin’s price. This article reviews the latest financial statements to analyze fair value accounting, preferred stock financing, and fixed expense structures. It explores the genuine risks and time horizons confronting this “Bitcoinized public company” during periods when crypto prices decline.

Decoding the AMUS Framework: Money is Not a Romantic Contract but a Tool for Salability, Its Value Lies in Scarcity—From the Stone Rai of Yap Island to the Agri-ju Destroyed by European Industrial Mass Production, and the Chaos of Weimar Following the Gold Standard's Demise to Fiat Currency.

Using "Manhattan land" as a metaphor, this article systematically explores Bitcoin's role as a value anchor in the digital age, focusing on scarcity and consensus formation. It compares the supply/production ratio (SF), historical supply dynamics, and asset game theory to illustrate why Bitcoin retains its scarcity across long-term cycles and serves as a foundation for value storage and social consensus. These insights offer a deeper understanding of Bitcoin's long-term investment potential and underlying value logic.

By 2026, the Fidelity Bitcoin Spot ETF (FBTC) has established itself as a primary investment for institutional and retail investors alike. Ranked as the world’s second-largest Bitcoin ETF by assets under management, FBTC distinguishes itself among SEC-approved offerings through its exclusive self-custody approach via Fidelity Digital Assets and a highly competitive 0.25% fee structure. This article examines FBTC’s performance over the past two years and highlights key differences compared to peer products.

The current Bitcoin market is fundamentally different from the 2022 bear market in terms of macroeconomic backdrop, technical structure, and investor composition. This paper argues that, against the backdrop of an interest rate cut cycle, institutional hodling, and increased risk appetite, a simple comparison between the two is a misinterpretation. It also outlines the stringent conditions that would be necessary for a similar bear market to reemerge.

This article offers a comprehensive overview of cryptocurrency staking concepts and mechanisms, explains Gate's staking and lending services, and covers essential risk management strategies.