Jameson Lopp, CTO and co-founder of self-custody service Casa, proposed a change to Bitcoin’s software on Tuesday to address quantum computers’ catastrophic potential. The proposal, which was co-authored by five other developers, would create incentives pushing Bitcoin owners toward cryptographically-sound ways of storing the asset that can’t be compromised by complex computers, and introduce other
According to the latest data published by cryptocurrency analysis firm Glassnode, there has been a sharp decline in the supply ratio between long-term investors (LTH) and short-term investors (STH) in the Bitcoin market. Additionally, the 30-day percentage change metric has shifted from the “accumulation” phase to the “selling” phase. This development is being interpreted as
Bitcoin reached an all-time high, reaching as high as $123,000. Following this historic surge, investors and analysts have begun to re-discuss the next big goal for the world’s largest digital asset: reaching the market capitalization of gold. Currently, the price of Bitcoin is hovering around $117,252 and its total market capitalization is around $2.34 trillion.
In a significant move that underscores the growing confidence of traditional finance in the digital asset space, Nasdaq-listed Hilbert Group has announced a substantial increase in its Bitcoin (BTC) holdings. This development isn’t just another headline; it’s a powerful indicator of how established financial entities are strategically integrating cryptocurrencies into their portfolios. Let’s delve into
Jeremie Davinci, one of Bitcoin’s longest-standing evangelists, just revealed a figure that stands out: $500,000. That is where he sees the Bitcoin price heading before the end of the decade. The timing is curious. BTC recently pulled back from highs of $123,000 and is now trading under $117,000, marking a 2.4% daily drop. The pullback
Teddy Fusaro, president at Bitwise Invest, has predicted that “everyone” will end up owning Bitcoin in the future. “The only question is whether you choose it early, or it’s chosen for you later,” he said. This comes in response to a recent Bloomberg report about anti-crypto financial giant Vanguard Group being the largest holder of