Search results for Charles Edwards
Crypto
Bitcoin $300,000 bull case raises need to address quantum risk, Charles Edwards says
A forecast that bitcoin could rise to $300,000 by 2029 is drawing attention to the need for quantum-computing defenses. Bernstein projected bitcoin could reach $150,000 in mid-2027 and $300,000 in 2029, citing a sovereign debt crisis and institutional demand. Capriole Investments founder Charles Edwards said the scenario depends on Bitcoin Core developers adopting quantum-resistant cryptography in time. He said quantum risk is already reflected in prices and could be suppressing bitcoin by about 30 percent.
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.
