Coinbase Quantum Report Warns Millions Of Bitcoin Could Face

TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates that millions of Bitcoin may eventually be exposed through legacy address formats and address reuse. The risk is future-oriented; the report does not say quantum computers can break Bitcoin today. Coinbase Flags Long-Term Quantum Exposure Coinbase’s Quantum Advisory […]

Bitcoin Miner Profits Fell As BTC Price Lost Strength: Will Miners Sell?

Key takeaways: Record-low Bitcoin mining margins and rising demand for AI infrastructure incentivize miners to reduce their BTC positions. Institutional spot Bitcoin flows vastly surpass miner output, making macro trends more vital than miner profits alone. Bitcoin’s price slide to $62,000 was paired with weak on-chain activity and declining BTC miner revenues, which have fallen […]

Why crypto’s future may look more like traditional markets

Those markets function because trading activity sits atop a vast network of credit relationships, clearing brokers and prime brokerage arrangements, Mercer says. “That’s what the world’s economies and capital markets are built on,” he added. When LMAX launched institutional crypto venue LMAX Digital in 2018, Mercer expected similar infrastructure would quickly emerge in digital assets. […]

Deribit: Wall Street Has Changed Bitcoin Volatility And Liquidity

TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatility, compressed basis trades and stronger institutional market-making. Options gamma is becoming large enough to matter for short-term spot market behavior. Bitcoin’s Market Structure Looks Different After ETFs A new Deribit Insights episode argues that Wall Street’s arrival […]

Standard Chartered Says Bitcoin Bottomed Near $59,000, Targets $100,000

TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX IPO-related capital rotation and easing oil-price pressure as key catalysts. Kendrick reportedly maintains a $100,000 year-end Bitcoin target and a $4,000 Ethereum target. Standard Chartered Calls Bitcoin’s $59,000 Low The Cycle Bottom Standard Chartered analyst Geoffrey Kendrick […]

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