26m ago
Binance Founder CZ and Economist Peter Schiff Debate Bitcoin Versus Gold as Store of Value
Binance founder Changpeng Zhao and economist Peter Schiff debated the merits of Bitcoin and gold as stores of value, focusing on verification methods and practical utility. CZ highlighted Bitcoin's instant blockchain verification and global payment capabilities, while Schiff defended gold's physical properties and industrial applications. Bitcoin has gained 377% over five years compared to gold's 127%, though gold leads in 2025 with approximately 59% year-to-date gains.
BTC
BTC+0.73%
26m ago
29m ago
Strategy Moves $1 Billion in Bitcoin to Fidelity Custody; Mizuho Sets $484 Price Target
Strategy Inc. has transferred 11,642 Bitcoin valued at approximately $1 billion to Fidelity's custody services, bringing its total deposits with the asset manager to roughly 177,351 BTC worth around $16.5 billion. Mizuho Financial Group maintained its buy rating on Strategy with a $484 price target. Analyst James E. Thorne identified the stock's approach to its rising 200-week moving average as a potential entry point.
BTC
BTC+0.73%
29m ago
4h ago
Bitcoin ATM Operator Coinme Ordered to Repay $8 Million and Cease Operations
Washington state's Department of Financial Institutions issued a Temporary Cease and Desist Order against Bitcoin ATM operator Coinme on December 1, 2025. The Seattle-based company must halt money transmission services and return over $8 million to customers. The regulator alleges the firm illegally converted unredeemed customer funds into corporate revenue, violating the state's Uniform Money Services Act.
BTC
BTC+0.73%
4h ago
4h ago
Solana Mobile to Launch SKR Governance Token in January 2026 with 10 Billion Supply
Solana Mobile will launch its SKR governance token in January 2026 with a total supply of 10 billion units, allocating 30% to airdrops for Seeker and Saga device holders. The announcement came hours after Ledger researchers disclosed a hardware vulnerability in the MediaTek Dimensity 7300 chip used in Seeker smartphones that could enable private key extraction through physical access. The token will implement 10% initial inflation declining to a 2% terminal rate, with distribution including 25% for growth initiatives and 15% for Solana Mobile.
SOL
SOL+2.05%
4h ago