Blockstream CEO, Adam Back, denied on Wednesday that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), responding to a New York Times (NYT) investigation that pointed to him as the leading suspect. The NYT report, by John Carreyrou, drew on a range of circumstantial evidence — including parallels in writing style, the use of British spellings, and overlapping cryptographic expertise — to argue that Back could be the person behind Bitcoin's origin story.
Anxieties over the quantum threat to Bitcoin have been growing, but Bernstein backs Back in saying there's no cause for alarm.
Quantum computing does not yet pose a practical threat to Bitcoin, according to Adam Back, but preparation is already underway. He proposes a transition period of about 10 years for users to migrate funds into quantum-resistant formats.
The bitcoin ETF fee war reached its lowest point ever today as Morgan Stanley's MSBT launched at 0.14% annually on NYSE Arca, directly undercutting every competing spot bitcoin fund in the US market, from BlackRock's IBIT at 0.
Market data shows gold moves first in macro cycles, while Bitcoin follows later as capital shifts toward higher-risk assets.
Speaking at a Mizuho event, the Strategy (MSTR) executive chairman said the formation of banking credit pairing with digital credit will be the catalyst for the next bull market.
Bitcoin surged above $72,000 yesterday and is holding above $70,000 today. The narrative of a bottom is building.
During a recent episode of the "All Things Markets" podcast, co-hosts Anthony Scaramucci and Mike Novogratz tackled the looming quantum threat.
A report in the New York Times said Blockstream CEO Adam Back is most likely the pseudonymous creator of Bitcoin known as Satoshi Nakamoto.
Bitcoin (CRYPTO: BTC) tapped $72,000 on Wednesday, renewing speculation about a potential run toward $90,000 as market sentiment turns more optimistic. Ceasefire Spurs Market Confidence In an email comment on Wednesday, CoinBureau CEO and co-founder Nic Puckrin said markets are reacting as if the conflict has ended, though uncertainty remains.
Bitcoin surged past the $72,000 mark, reaching an intraday high of $72,865, fueled by a fragile Middle East ceasefire. Key Takeaways: Bitcoin surged to $72,865 following a Middle East ceasefire, lifting the crypto market cap to $2.51 trillion. The 5% rally triggered $477 million in liquidations, wiping out short bets on platforms like Bitget.
Two Bitcoin (BTC) whales have taken massive opposing leveraged positions worth a combined $51 million, as the fragile US-Iran ceasefire showed signs of fracturing over Lebanon.