Research shows that 48.3% of AI models choose Bitcoin as their preferred currency tool

Ray Dalio: Bitcoin is not suitable as a long-term store of value or a hedge asset

ChainCatcher News, Bridgewater Associates founder Ray Dalio stated on Tuesday's All-In Podcast that Bitcoin is not suitable as a long-term store of value or hedge asset, citing reasons such as lack of central bank support, as well as uncertainties surrounding its privacy protections and quantum resistance. He said Bitcoin cannot become "digital gold," emphasizing that "there is only one gold in the world." Gold is not a speculative precious metal, but "the most mature form of currency," and it is the second-largest reserve asset held by central banks worldwide. He also expressed difficulty understanding why central banks would buy and hold Bitcoin long-term.

Ray Dalio warns of four major weaknesses of Bitcoin: BTC is unlikely to become a hedge asset, and there is only one gold in the world

Ray Dalio pointed out in an interview that gold is the only reliable hedge asset, warning that Bitcoin cannot become a long-term store of value due to four major flaws: privacy issues, lack of backing, technological risks, and its correlation with tech stocks. He analyzed the fiscal crisis facing the United States and called on investors to pay attention to historical cycles and financial balance.

American Bitcoin Acquires 11,298 ASIC Miners, Expanding Owned Hashrate to 28.1 EH/s

American Bitcoin Corp. (Nasdaq: ABTC) announced on March 3, 2026, the purchase of 11,298 ASIC miners, adding approximately 3.05 exahash per second of mining capacity at an efficiency of 13.5 joules per terahash.

Former Trump crypto advisor: The U.S. government cannot remain only at the level of "liking Bitcoin"

Former crypto advisor David Bailey stated that the U.S. government should be more proactive in supporting Bitcoin. He pointed out that although Trump signed the relevant order, the government has not yet implemented concrete actions. Bailey believes that truly supporting Bitcoin requires more political effort and public engagement.

Bitcoin Wobbles Despite $1B ETF Inflows Amid Rising Oil Prices

_Oil shock and Fed uncertainty pressure Bitcoin, while ETF inflows fail to restore strong institutional demand._ Bitcoin swung sharply after U.S.-Israel strikes on Iran triggered a weekend risk-off move across