Saifedean Ammous, author of The Bitcoin Standard, dismisses concerns that Michael Saylor’s potential accumulation of a large portion of Bitcoin poses a risk to the protocol. He argues that Saylor, BlackRock and similar institutions holding Bitcoin primarily act in the interest of their shareholders and ETF holders. Any deviation from this would likely lead to investors seeking alternative Bitcoin exposure.
Tag: Cryptocurrencies
North Korean Hackers Target Crypto Developers with Fake Companies and Malware
A North Korean hacking group, suspected to be Lazarus Group, established three shell companies to distribute malware to cryptocurrency developers through deceptive job interviews. The FBI has shut down one of the companies, but others remain active.
Bitcoin Rebounds, Bulls Target $100K: A Comprehensive Analysis
Explore Bitcoin’s recent surge above $93,000, driven by strong spot market demand and potential short squeeze scenarios. Is $100K within reach?
Bitcoin Long-Term Holders See $26B Boost Amid Price Recovery: A Comprehensive Analysis
Analysis of Bitcoin’s recent price recovery and its impact on long-term holders, short-term holder behavior, and potential future price movements. Understand the factors influencing Bitcoin’s market dynamics.
Ethereum’s $1.4K Bottom: Generational Opportunity or False Dawn? A Deep Dive
Is Ethereum’s rebound a sign of a ‘generational bottom,’ or are historical trends and current market conditions pointing towards a more subdued rally? Analyzing Ethereum’s performance, fees, and competition.