Bitcoin’s 21 million cap still exists on-chain, but not in price discovery. Futures, perpetual swaps, options, ETFs, and ...
Bitcoin’s 21-million cap reflects issuance rules, not how much BTC is actually usable or spendable. A meaningful share of supply is unavailable due to unmined coins, provably unspendable outputs and ...
Bitcoin drops below $70K as derivatives create synthetic supply. Analyst argues Wall Street instruments control price over on ...