H100 Group appointed Peter C. Warren as chief investment officer on Aug. 12, placing the veteran markets executive in charge of derivatives and risk management after the Swedish company nearly tripled its Bitcoin treasury through a Norwegian acquisition, according to a release. Warren previously managed approximately 2,450 $BTC with H100 Chief Executive Eirik Grøttum through
Dan Boneh, a professor of computer science at Stanford University and co-director of the Stanford Applied Cryptography Group, has publicly dismissed concerns that quantum computers will compromise Bitcoin’s security. Speaking in a recent interview highlighted by The Bitcoin Historian, Boneh stated that those who believe quantum computing will break blockchain security are mistaken. He emphasized
Early August brought renewed optimism across the cryptocurrency sector, and one popular on-chain analyst, Ali Martinez, believes that the Bitcoin ($BTC) bear market might be ‘in final stages.’ Specifically, in an X post published on August 11, the blockchain expert appears to have mapped a trajectory that could take $BTC 181% higher from $63,874 at
Offsetting Bitcoin gains and dividends: what investors in Austria need to know Bitcoin and shares are treated differently for tax purposes, yet in Austria they can meet when losses are offset. The Ministry of Finance states explicitly that gains and losses from cryptocurrencies can in principle be offset against certain other types of investment income.
After its sharp decline, Bitcoin may have stabilized around $64,000, but the circumstances for a new bull run have not yet come together. The price structure and more general market indicators still point to a market that is trying to find a bottom rather than one that is already moving into a long-term bullish phase.
Grant Cardone, the founder and CEO of real estate investment firm Cardone Capital, has drawn a fresh comparison between Bitcoin and property, describing the cryptocurrency as “portable digital real estate.” In a recent interview with DraperTV, Cardone explained that Bitcoin offers some of the key benefits of real estate without the burdens of property management.
Long-inactive wallets belonging to early Bitcoin investors are back in the spotlight. A Bitcoin address that hadn’t made any transactions since February 2014 moved its entire balance of 27.85 $BTC after almost 12.5 years. The current value of these Bitcoins is approximately $1.78 million. It is noted that when the wallet first acquired the $BTC,
Goldman Sachs is acquiring NEOS Investments, the firm behind BTCI, a $1.1 billion bitcoin synthetic exchange-traded fund (ETF) that yields roughly 27%, according to a senior ETF analyst at Bloomberg. The acquisition deal in cash and equity puts NEOS at a valuation of up to $2.25 billion, is subject to performance targets and is expected
As the leading cryptocurrency Bitcoin remains stuck in a narrow range, investors continue to act cautiously. While expectations of another $BTC drop persist in the market, crypto analytics company K33 Research has issued a warning regarding $BTC. According to the analysis firm, trading volumes in the Bitcoin market have decreased significantly, warning investors against possible
CryptoQuant CEO Ki Young Ju warned investors, pointing out that the recent surge in the Bitcoin market is not driven by strong spot demand. Spot Demand is Necessary for Bitcoin’s Rise! Ki Young Ju, in a post from his X account, stated that the Bitcoin market is currently largely driven by the futures market, while