Michael Saylor says bitcoin has likely bottomed, quantum risk overblown

Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins wrote. Trend reversals, he added, are driven more by capital […]

Is the Quantum Computer Threat to Bitcoin Real? Will It Bring About the End of BTC? Bernstein Analysts Answer!

Urgent calls for action regarding the quantum threat to Bitcoin (BTC) and cryptocurrencies continue to mount. However, there is no complete consensus on this issue. Some analysts say the threat is very significant and requires immediate action, while others argue that it will be many years before the quantum threat becomes a reality. The latest […]