Michael Saylor published a one-year performance chart on Sunday showing that Strategy Preferred Stock outpaced Bitcoin. STRC gained 9% while Bitcoin (BTC) fell 47%.

The comparison runs from August 14, 2025, through August 14, 2026. It measures four Strategy credit instruments against the single asset backing the entire company.

Why Strategy Preferred Stock Held Up Better Than Bitcoin

Strategy issues four preferred securities, each of which pays income rather than tracking Bitcoin directly. STRC, formally the Variable Rate Series A Perpetual Stretch Preferred Stock, currently pays 12% annually in twice-monthly cash dividends.

The company moves that rate up or down to hold STRC near its $100 par value. However, the security slipped under par this summer. Therefore, Strategy sold 1,690 Bitcoin in August to fund STRC share buybacks.

The other three instruments lagged STRC. STRD fell 8%, STRF lost 9%, and STRK dropped 27%. Still, every one of them beat Bitcoin by a wide margin. Cash dividends and distributions cushioned part of each decline.

STRK explains that spread. Each share converts into 0.1 shares of MSTR, so it tracks the common stock more closely than the others do. None of the four carry a claim on Strategy’s Bitcoin.

Critics question how long the company can carry that payout load. Arca Chief Investment Officer Jeff Dorman warned in May that a $15 billion preferred stack strains the Bitcoin flywheel.

The Number Missing From Saylor’s Chart

The graphic leaves out MSTR, Strategy’s common stock. That omission matters. MSTR closed at $93.04 on August 14, roughly 75% below its level a year earlier, according to Yahoo Finance data.

The stock touched $367.57 at its 52-week high. Today it changes hands near the floor of that range. Common shareholders absorbed the leverage, while preferred holders collected the income.

In contrast, Bitcoin’s current price sat near $63,072 on Sunday, still deep inside a bear market that began last autumn.

Strategy has also flipped into a net seller. The company added 37 Bitcoin across two months, then sold 1,638 coins in a single week. Meanwhile, its treasury now sits at a lower level than it did in May.

Saylor addressed the credit risk head-on last week. His new model publishes floor prices for creditors, naming the Bitcoin levels where each security breaks.

The engineering worked as advertised for over 12 months. It turned one volatile asset into four calmer income streams. Whether those streams hold through a second year of falling Bitcoin prices is the question facing holders now.

The post MicroStrategy vs. Bitcoin: Who Won the 1-Year Performance Duel? appeared first on BeInCrypto.

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Changpeng Zhao says the world now holds more millionaires than Bitcoin has coins. The Binance founder argues that a full coin will soon be out of reach.

His remark followed a reader who pointed out that the United States alone counts 23.6 million millionaires. Bitcoin will never exceed 21 million coins.

Bitcoin is Scarcer Than the World’s Millionaire Count

The Binance founder took to X with a supply update. Miners have produced 20.07 million coins so far. Therefore, only 4.4% of the total supply remains to be mined.

Those final 930,000 coins will not arrive quickly. Halving cuts the block reward every four years, and the last one should surface around 2140. He calls the result a deflationary asset.

Analyst Quinten François then ran the comparison. The United States counts roughly 23.6 million millionaires, according to the UBS Global Wealth Report 2026. Globally, the total reaches 57.5 million.

Those figures outnumber every coin ever mined by almost three to one. Split evenly, the mined supply leaves each millionaire with about 0.35 BTC. The reply came in a single line.

Debate over that ceiling has grown louder this year. In July, a Zcash founding scientist proposed scrapping Bitcoin’s 21 million cap in favor of 4% annual issuance. Most of the Bitcoin community rejects any such change.

Why Lost and Dormant Coins Shrink the Float Further

Mined supply overstates what buyers can actually reach. The crypto billionaire, who recently argued that exchanges are safer than self-custody, puts the share of lost or unrecoverable coins at 10% to 20%. Consequently, the tradable float may sit nearer 17 million.

Meanwhile, careless transactions lead to massive losses for users. One user recently wasted 1.6 BTC on a costly Bitcoin fee mistake and ended up moving nothing at all.

Additionally, long-term holders lock away even more. He made that point when a follower pressed him on real usable supply.

The float looks thinner still up close. Roughly 2.67 million coins sat on exchanges in early 2026, while more than 14 million were ranked as illiquid. Spread across 57.5 million millionaires, that trading float works out to 0.046 BTC each, or roughly $2,925.

“Yeah, many long term holders don’t move/spend their coins at all. Can’t buy those.”

Changpeng Zhao, founder of Binance, on X

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Prices, however, tell a different story right now. Bitcoin trades near $63,030 after a 46% slide over the past year, and analysts still debate whether the current bear market bottom has been reached.

That gap matters for the affordability math. At the record of $126,080 set in October 2025, one coin cost roughly 12.6% of a seven-figure net worth. Today it costs about 6.3%.

Nothing prices millionaires out yet, in other words. The warning describes a future in which demand meets a supply that cannot grow, while skeptics counter that fractional ownership already solves the problem. His own dollar-cost-averaging advice points in that direction, toward buyers who collect slices rather than whole coins.

The post Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ appeared first on BeInCrypto.

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The spot exchange-traded funds tracking the performance of the largest cryptocurrency by market cap turned red once again in the past five trading days, with just one day recording more net inflows than outflows.

Although the ETH ETFs broke a five-week green streak, their net withdrawals were significantly less violent than those of the Bitcoin counterparts.

BTC ETFs Back in Red

CryptoPotato reported last weekend that the Bitcoin ETFs had registered their best week since April in terms of net inflows, with more than $850 million entering the funds. This was in stark contrast with the previous few months, in which withdrawals dominated, and the rare occasions of net inflows were quite modest.

As such, hope returned within the cryptocurrency community that the late Q2 ETF slumber is over and investors have finally shifted their behavior. However, the second full week of August didn’t provide the necessary confirmation. Just the opposite; the funds bled out almost $390 million.

Monday was the most painful day, with $144.67 million leaving the funds. Another $61.16 million was withdrawn on Wednesday, $131.13 million on Thursday, and $57.63 million on Friday. The only positive day was Tuesday, but the actual $4.89 million was nowhere near enough to offset any of the losses.

Meanwhile, BlackRock’s IBIT continues to be by far the largest Bitcoin ETF, with net assets of nearly $47 billion. Fidelity’s FBTC ($10.70 billion) and Grayscale’s GBTC ($8.26 billion) follow suit.

ETH ETFs Break Major Streak

Unlike the Bitcoin ETFs, the funds tracking the largest altcoin were actually on an impressive all-green streak that lasted for five consecutive weeks. It began during the first full week of July and ran until the first full week of August. Within this timeframe, the cumulative total net inflows increased from under $10.90 billion to $11.46 billion.

However, the streak was snapped in the past week, even though the actual withdrawals were quite modest, at just $2.26 million. As such, the Ethereum ETFs have outperformed their Bitcoin counterparts once again. Monday and Tuesday saw net outflows of $14.59 million and $1.76 million, respectively, while the net inflows of $7.38 million on Wednesday and $6.72 million on Thursday failed to help it recover all the losses.

Interestingly, Friday was a no-action day, with SoSoValue showing $0.00 in net flows, which is rare for the Ethereum ETFs.

The post Bitcoin and Ethereum ETF Flows Shifted Last Week: Here’s What You Missed appeared first on CryptoPotato.

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As it happened during the past few weekends, bitcoin’s price volatility has essentially disappeared once Saturday and Sunday come, with the asset remaining stuck at $63,000 for roughly 36 hours now.

Most altcoins have performed similarly, which is why we will focus on their weekly moves. Some of the major gainers here are XMR, LINK, WLD, and WLFI.

BTC Stuck at $63K

As mentioned above, the previous weekend was also dull in terms of price action. However, it was more positive as the primary cryptocurrency had shrugged off the weekly losses and stood at around $65,000. The tides turned on Monday morning when it tried to break out, but it was halted at $65,400.

The subsequent leg down was painful as it pushed it to $63,800. After a couple of recovery attempts to $64,400, the bears resumed control once again. This time, they were even more persistent, pushing it to under $63,000 on Thursday. The same scenario repeated with lower highs, and BTC slumped once again on Friday to a 10-day low of $62,500.

As such, the asset had lost roughly $3,000 since the start of the week. The bulls finally intervened after this steep decline, given the current sluggish market environment, and helped it recover to $63,000, where it has remained for the past day and a half.

Its market capitalization remains at $1.265 trillion on CG, while its dominance over the alts is still below 57%.

Weekly Gainers and Losers

The weekly scale is quite contrasting, but red tends to dominate. Ripple’s XRP dipped below $1.00 on a couple of occasions in the past week and it has managed to remain at precisely that level as of now after a 3.5% dip since last Sunday. ETH is below $1,900 following a 1.6% decline.

Even more losses come from ADA (-10.6%), UNI (-18%), DOT (-7%), BCH (-5.5%), HBAR (-6.6%), and ZEC (-5%). In contrast, WLFI and WLD are the two top gainers from the larger caps, both surging by over 13% since last Sunday. LINK has jumped by 13% to $9.4. XMR (7.7%) and HYPE (4%) follow suit.

The total crypto market cap has remained sideways at around $2.230 trillion on CG.

The post Biggest Weekly Alt Gainers and Losers Revealed as BTC Stalls at $63K: Weekend Watch appeared first on CryptoPotato.

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After several months of flirting with the psychological support level at $1.00, Ripple’s XRP finally dipped below it on a couple of occasions in the past week, which aligned with many analysts’ expectations for such a move before a major rebound.

However, some of the same analysts have been publishing controversial opinions on where the token’s bottom lies. Consequently, we decided to ask ChatGPT about its take on the matter and whether it believes XRP has finally reached a macro bottom.

In or Not In?

Zooming out, the decline to a 21-month low of just under $1.00 points to a rapidly deteriorating market structure, meaning that XRP has plunged by 70% since its all-time high, which was marked 13 months ago. The positive side is that the token managed to rebound and continues to fight for this psychological support, and has yet to give it up entirely.

ChatGPT’s answer was not as straightforward and hopeful as the bulls might have liked. It noted that there’s a big possibility the bottom could be in or just inches away due to several factors. The first is simply the magnitude and duration of the correction.

The cross-border token has been freefalling for almost a year, producing a succession of lower highs and lower lows. All of its recovery attempts have been halted in its track, and it continues to close in the red monthly, with almost no exceptions.

There are some encouraging signs as well. As reported recently, the number of wallets holding at least a million XRP has increased by 32 over the past three months. Network usage, such as the number of active XRP addresses, jumped from under 24,000 to more than 43,500 within a month or so.

Still Premature

Despite all of the above, ChatGPT remains cautious about concluding that the bottom is in, as it sees another plausible leg down. For instance, XRP’s Taker Buy/Sell Ratio on Binance recently hit a multi-month low of 0.86, showing that there are more aggressive sellers than buyers on the world’s largest exchange.

Rising futures positioning also increases the danger of another move south that can trigger a liquidation cascade. Lastly, the popular AI model outlined other analysts’ observations that the next important area for XRP lies at $0.94-$0.95. A break below that could lead to more profound losses and a dump to $0.80-$0.85.

As such, ChatGPT’s conclusion is that the bottom is ‘possibly’ in. However, there’s no confirmation yet, even though there is a ‘reasonable’ case that the sub-$1.00 dip marked, or came very close to, a local capitulation bottom.

The post We Asked ChatGPT: Is XRP’s Bottom Finally In After the Crash Below $1? appeared first on CryptoPotato.

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The meme coin mania is long gone and perhaps forgotten, as evidenced by the substantial decline in the price of its leader. DOGE recently slumped below $0.07 for the first time in almost three years, a level that it’s still unable to reclaim.

Although it remains 90% away from its 2021 all-time high, several popular analysts believe precisely these depressed conditions could be setting it up for the next major expansion wave.

Is DOGE About to Go Parabolic?

Starting with Ali Martinez, who told his over 165,000 followers on X that several indicators have aligned to support a bullish thesis for DOGE. First, he argued that the OG meme coin has approached a parabolic phase after the asset returned toward the bottom of the large price channel that has contained its movements for years.

As recently reported, Martinez also claimed that Dogecoin’s weekly TD Sequential indicator has produced multiple consecutive buy signals. This is a rather unusual occurrence that the analyst described as a potentially important warning of an upcoming rally.

The network activity has improved significantly as well, with active DOGE addresses jumping by double digits from 38,000 in July to 44,000 earlier this month.

The analyst’s broader argument is based heavily on the meme coin’s historical behavior. It has repeatedly spent extended periods consolidating near the bottom of long-term structures before eventually producing explosive rallies. Of course, investors should be aware that historical performance is no indicator of future price moves. Nevertheless, DOGE being at $0.07 again means that the risk/reward equation has changed substantially from the euphoric stages of previous runs.

Further Support

Martinez is not the only analyst bullish on DOGE. Crypto Patel also highlighted the asset’s current position within its long-term accumulation structure. He repeatedly identified the $0.07-$0.10 region as DOGE’s major accumulation zone and believes another successful hold could eventually pave the way toward much more ambitious targets.

Some of his long-term projections sound quite far-fetched at the moment, as the highest is at $4. To get there, though, the meme coin would have to tap $0.28, which is the most realistic one, before it targets new all-time high territory at $1 and $2.

Popular trader Lucky told his almost two million followers to “keep an eye” on the largest and first meme coin, suggesting it could produce a considerable run over the coming weeks and months.

The post Is Dogecoin About to Go Parabolic? These DOGE Signals Suggest So appeared first on CryptoPotato.

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