Search results for Capriole Investments
Crypto
Bitcoin may shake off \'Q-Day\' fears as quantum roadmap becomes rebound catalyst
Bitcoin could rise by double digits if its developers present a clear roadmap to counter quantum-computing threats, according to Capriole Investments founder Charles Edwards. He said markets could quickly reprice the risk if Bitcoin Core outlines steps within months. Debate continues over moving to quantum-resistant cryptography, with some warning changes could clash with Bitcoin’s philosophy. Edwards estimates Bitcoin trades about 40 percent below fair value, with quantum risk accounting for a 30 percent discount.
Crypto
Bitcoin miner \'capitulation\' signal seen again, but bottom not yet in
Bitcoin mining profitability has fallen below 5 percent, drawing renewed attention to a “miner capitulation” signal as spot prices lag difficulty and production costs. On-chain indicators show a pattern similar to past bear markets, when miner stress raised selling pressure but also marked accumulation zones for long-term investors. Capriole Investments founder Charles Edwards said bitcoin is trading near production cost, with mining margins at 4.67 percent. Some analysts say it is too early to call a final bottom, citing potential broader financial market corrections.
Crypto
Bitcoin mining profits plunge, putting $60,000 support under test
Bitcoin mining profitability has fallen to a record low, fueling market unease over whether bitcoin can hold the $60,000 support level. As the price slipped toward $62,000, on-chain activity cooled and miner revenue sank. Miners and pools still hold more than $110 billion worth of bitcoin, raising concerns about potential selling. Industry concentration has increased, while some miners shift power infrastructure toward AI computing.
