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Bitcoin price will hit $180,000 by the year-end, VanEck report suggests
GameFi Guides

Bitcoin price will hit $180,000 by the year-end, VanEck report suggests

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On Aug. 18, 2025, ETF and mutual fund manager VanEck released a new report studying Bitcoin price trends between mid-July and mid-August. VanEck analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel predict that BTC will reach $180,000 by the end of the year, while noting discrepancies in Bitcoin mining companies’ market performance and declining mNAV of Digital Asset Treasuries.

Summary

  • VanEck report suggests that Bitcoin price will reach $180,000 by the end of 2025.
  • The report attributes the decline in Bitcoin treasury companies’ mNAV to lower Bitcoin volatility and claims mNAV will continue to drop in the future.
  • The U.S. dominance in Bitcoin mining reaches a record high at 31%.
  • Bitcoin ordinals minting doubles if compared to 2024, while Bitcoin Core is removing the arbitrary data limit from the block, clearing the way for more ordinals.

30-day market trends

On Aug. 13, 2025, Bitcoin reached a new record-breaking price. While it was only several hundred dollars above July’s peak price, VanEck notes that the signals coming from the Bitcoin futures markets were more bullish. The CME basis funding rates reached 9%, the highest figure in six months. 

The options market saw a notable increase in the call/put ratio, which reached 3.21x, signaling the growing demand for BTC. According to VanEck, 3.21x is the highest call/put rate since June 2024. Call premiums reached $792 million, which is a 37% rise compared to the previous 30-day period.

One of the factors shaping the uptrend was growing demand from corporations. According to VanEck, in July, Exchange-traded products (mostly ETFs) and DATs acquired 54,000 BTC and 72,000 BTC, respectively. In the three months of 2025 Q2, DATs purchased only 131,355 BTC, which indicates July’s increase in buying pressure coming from digital asset treasuries.

For the same crypto asset, which would you rather own?

— VanEck (@vaneck_us) August 13, 2025

VanEck named Ethereum’s popularity spike as the main reason for the decline in Bitcoin’s market dominance from 64.5% to 59.7%. Bitcoin network transactions reached 12.9 million, which is the highest rate since November 2024. Median fees dropped by 13%.

The graph attached to the VanEck report showcases a spike in total transfer volume. It reached $77,727,657,201, making a 34% increase compared to the previous 30-day period or a 60% change over 365 days.

Bitcoin mining

In August, mining hashrate reached a record-high rate of 902 EH/s. The revenue per EH/s is $59,400, the highest in eight months. The volume of BTC sent by miners to exchanges has nearly doubled since August 2024, but grew only 16% compared to mid-July of this year.

As for mining companies’ equities, the results are split. Applied Digital Corporation’s equity (APLD) is up 54%, Bitfarms (BITF) is up 16%, while most of their competitors saw growth below 10% or dropped in price. VanEck names a 22% drop in Cipher Mining Inc.’s stock (CIFR) price and a 4% decline in the 13-mining-company index tracked by the report authors. In August, U.S.-based mining operations reached a record share of 31%.

Bitcoin treasuries

VanEck evaluated the amount of Bitcoin held on public treasury companies’ balance sheets at 951,000. The authors of the report point to the decline in DATs’ stock performance. They point out that in July, the mNAVs of these companies have been going down. 

Saylor once said he’d never issue below 2.5x mNAV.

Now, he’s changed course.

He’s signaling a willingness to sell $MSTR even under that threshold.

A real risk of dilution is now on the table.

— Oz Sultan (@OzForNY) August 19, 2025

It means that for these companies, the share of net asset value declines relative to their liabilities. VanEck gives three examples: mNAVs are down for MSTR (-16%), for MTPLF (-62%), and for SMLR (-12%). As Bitcoin volatility settles, it becomes harder for DATs to issue convertible debt to acquire more BTC.

Bitcoin ordinals spike

Another notable trend is the 43% 30-day growth of ordinals minted on the Bitcoin blockchain. The total amount of ordinals minted in 30 days amounts to 109,779. Compared to August of 2024, this amount has grown by 120%. 

This surge in minting Bitcoin blockchain-based images and other non-monetary data reflects the ongoing debate over the idea of removing the 83-byte-per-block limit for arbitrary information. The implementation removing the limit will come into effect for Bitcoin Core nodes in October, allowing for more ordinals per block, which can possibly slow down monetary transactions.

Predictions

Looking at the near future, VanEck points to the possibility of a volatility spike, which in turn can amplify price swings via dealer hedging. VanEck expects a further decline in DATs’ mNAVs as they will have limited ability to raise capital due to a long period of low volatility. While the report authors provide both bearish and bullish scenarios, they claim that by year-end, Bitcoin will reach $180,000.

In December 2024, Matt Sigel was predicting that Bitcoin would reach $180,000 in the first quarter of 2025 before going through a 30% correction. In fact, the Q1 peak was well below $110,000. April saw a short-term 25% drop. Given that the current Bitcoin price is much higher than the December 2024 price, the $180,000 bet is considerably less bullish.





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Leaked Call of Duty: Black Ops 7 release date suggests there's still no Nintendo Switch 2 version at launch
Game Reviews

Leaked Call of Duty: Black Ops 7 release date suggests there’s still no Nintendo Switch 2 version at launch

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Call of Duty: Black Ops 7 will reportedly release on 14th November, 2025, and there’s still no Nintendo Switch 2 release planned.

That’s according to noted and highly reliable Dealabs leaker billbil-kun, who suggests the latest instalment of Activision’s tentpole franchise will be coming to PC, PS4, PS5, Xbox One, and Xbox Series, but will not be available on Switch at launch.

Why Tiktok Thirsts over Call of Duty’s Ghost.Watch on YouTube

We noted Nintendo Switch 2 was notably absent from the launch platform line-up when the game was revealed during Summer Games Fest, running counter to Microsoft’s 10-year promise to launch Call of Duty on Nintendo platforms on “the same day as Xbox, with full feature and content parity” if its gargantuan $69 billion offer to buy Activision Blizzard was approved. Which it was, of course.

At the time, however, sources confirmed to Eurogamer: “We’re committed to getting the franchise on Switch. Both teams [are] working on it. Will share details when ready.”

Dealabs posits that all this release information will be confirmed at next week’s Gamescom, including news of a physical release (with a disc included) and pre-orders set to go live on 20th August, following a reveal the night before at Opening Night Live. While U.S./UK pricing has yet to be leaked or confirmed, the leaker suggests it’ll retail for €79.99 in Europe. Xbox has, of course, previously pledged not to raise prices past $70 USD.

Former Activision Blizzard president Mike Ybarra thinks Battlefield 6 will “boot stomp” Call of Duty this year, and that this will push the CoD series to stop being “lazy”.



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SUI
NFT Gaming

SUI Action: Weekly Pattern Suggests Price Is Coiling For A Bigger Move

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The SUI/USDT weekly chart is attracting attention as the price action tightens within a defined range. After a period of decline and consolidation, the asset is stabilizing, with key support levels holding firm. The structure suggests that the asset may be gearing up for a potential shift in trend.

Price Action Coiling Up — Will SUI Snap Upward?

SUI has formed a symmetrical triangle squeeze, a pattern known for preceding explosive moves. Its price recently dipped below the lower trendline, raising alarms for a potential breakdown. However, Atres Crypto Academy noted on X that this may have been a bull trap, a temporary shakeout before a sharp reversal.

If SUI snaps back into the triangle with strong momentum, it would signal that the breakdown was a false move, and bulls may be regaining control. In that case, the stage would be for an upside breakout, with the target set at $3.50 or more.

Source: Atres Crypto on X

SUI price action is forming a falling wedge pattern, a bullish reversal setup. After dropping 37% from its May highs, the altcoin is now testing a key support zone between $2.70 and $3.00, an area that has typically drawn buying interest. WEBBZ.SUI highlighted that a confirmed breakout could propel the token toward the $4.50 to $5.00 region, and if support fails to hold, the next critical level will be the $2.00 zone.

According to Gemxbt, the 1-hour chart is showing a consolidation phase around the $2.85 level, with the price stabilizing above the 5, 10, and 20-hour moving averages, signaling strength and support in this zone.

The Relative Strength Index (RSI) is also trending upward, steadily moving away from oversold territory. This suggests that bullish momentum is building. Furthermore, the Moving Average Convergence Divergence (MACD) is approaching a bullish crossover, indicating possible upward price movement if confirmed by increased volume.

Signs Of Strength Emerging 

SUI has quietly surged from under $0.60 to over $4.00 in less than a year, making an impressive nearly 7x gain despite pullbacks. The price-performance underscores the growing interest and momentum behind the token.

Emilio Crypto Bojan mentioned that the fundamentals are starting to catch up with the price action. DeFi aggregator volume has now surpassed $45 billion, with a 19% increase over the past 30 days, and bullish vibes are building ahead.

SUI is showing signs of strength after holding the critical support zone at $2.70, suggesting that a potential bounce is building. Presently, the market structure shows that conditions are favorable for a reversal, provided the bulls step in decisively. Cult Babe also revealed that the price action appears to be preparing for an upward move, with the key focus of reclaiming the $2.90 resistance level.

SUI trading at $2.7 on the 1D chart | Source: SUIUSDT on Tradingview.com

Featured image from Shutterstock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Major US retailers cancel Nintendo Switch 2 pre-orders
Esports

New report suggests third-party Switch 2 game sales are “below estimates”

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Though sales of Nintendo’s new Switch 2 hardware had become one of the fastest-selling consoles ever, sales of third-party games have reportedly been sluggish and “below estimates.”

That’s according to a new report by The Game Business, which intimates that despite attracting strong buy-in from partners like EA, Take-Two, Microsoft, Ubisoft, Sega, Capcom, Bandai Namco, Square Enix, CD Projekt, and Konami – and although third-party publishers have fared better with the Switch 2’s launch than its predecessor – “most third-party Switch 2 games posted very low numbers.”

According to NielsenIQ, CD Projekt’s Cyberpunk 2077 is currently the best-selling third-party game of Switch 2’s launch. However, although third-party publishers “appear to have done slightly better during the launch of Switch 2 compared with Switch 1,” report author Christopher Dring added: “It’s hard to describe these statistics as positive.”

“Most third-party Switch 2 games posted very low numbers. One third-party publisher characterised the numbers as ‘below our lowest estimates’, despite strong hardware sales,” Dring writes. “The improvement over the Switch 1 launch is also slightly misleading. For starters, there were more consoles sold this time. Plus, the Switch 1 only launched with five physical games: The Legend of Zelda: Breath of the Wild, 1-2-Switch, Just Dance 2017, Skylanders Imaginators, and Super Bomberman R. By comparison, the Switch 2 had a wider selection, with 13 physical games available at launch.”

Dring also posited that the lack of early review units for press – which has, in turned, hampered timely reviews – may also have adversely impacted sales as “there were no critical reviews available for them to base their purchasing decisions on.”

Earlier this week, we reported Nintendo Switch 2 has sold more than 1.1 million units in the United States, breaking launch week records for gaming hardware. Hardware sales for the Nintendo Switch 2 have reached almost one million units in Japan, too, making it the country’s biggest console launch to date.


The Game Business newsletter was created and written by GamesIndustry.biz’s former head of games, B2B, Christopher Dring.



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The Minnesota Shooting Suspect's Background Suggests Deep Ties to Christian Nationalism
Gaming Gear

The Minnesota Shooting Suspect’s Background Suggests Deep Ties to Christian Nationalism

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The alleged shooter also said in one of the sermons, “God is going to raise up apostles and prophets in America.” It’s that language in particular, experts tell WIRED, that connects him to the world of charismatic Christianity.

“Everything that I’ve seen indicates that he’s charismatic,” says Matthew Taylor, senior scholar at the Institute for Islamic, Christian, and Jewish Studies in Baltimore and author of The Violent Take It by Force: The Christian Movement That Is Threatening Our Democracy. “The supernatural, talking about the gifts of the holy spirit, while using a very pentecostal style of discourse in his preaching.”

Abortion in the independent charismatic Christian movement is often characterized as a demonic practice. Police say the car that the alleged shooter abandoned contained a lengthy hit list of Democratic lawmakers, abortion providers, and outspoken abortion advocates in the state. Charismatic Christians often talk about abortion in terms of “child sacrifice to demons,” says Taylor.

“I don’t think it’s hard to see how someone could get radicalized around that language,” he alleges.

The alleged shooter’s now-deleted Facebook profile also showed that he had “liked” a page for the Alliance Defending Freedom, a conservative legal advocacy organization known for its hardline stances against abortion and LGBTQ rights. “This signals at least a right-wing anti-abortion conviction,” says Taylor.

David Carlson, who has known the alleged shooter since fourth grade and described the 57-year-old as his best friend, told reporters that the alleged shooter was a Trump supporter, “very conservative,” and would be offended if anyone suggested otherwise. (In the aftermath of the shooting, however, far-right influencers, including people like Elon Musk, sought to blame leftists and the Deep State.)

It’s likely, according to Taylor, that the alleged shooter’s theological ideas were rooted in his time at the Christ for the Nations Institute, a charismatic Bible college in Dallas, Texas, he claimed to spend some time at, according to a biography on the archived Revoformation website. Taylor claims that a number of prominent figures in the independent charismatic Christian movement have deep ties to or attended the institute.

Dutch Sheets, an NAR pastor who popularized the “Appeal to Heaven” flag waved by Christian nationalists and rioters at the US Capitol on January 6, 2021, graduated from the institute in 1978 and worked as an adjunct professor there in the late 1980s and early 1990s; he later briefly returned as an instructor in 2012. Cindy Jacobs, an avid supporter of Trump who has been described as one of the most influential prophets in America, settled in Dallas in the 1980s, and according to Taylor, was regularly on the institute’s campus lecturing or guest-teaching. The suspected shooter was enrolled at the Institute from 1988 to 1990, which means he could have overlapped with some of those figures.

When WIRED contacted the Institute, they directed our query to a statement saying it “unequivocally rejects, denounces, and condemns any and all forms of violence and extremism, be it politically, racially, religiously or otherwise motivated.” The statement also said that they were “aghast and horrified” that an alumnus of an Institute was a suspect in the Minnesota shootings. “This is not who we are. This is not what we teach.” Jacobs and Sheets did not respond to requests for comment.



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Bitcoin price could fall under $100k, options data suggests
GameFi Guides

Bitcoin price could fall under $100k, options data suggests

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Bitcoin price has retreated in the past few days, and the futures market points to more downside, potentially to $100,000.

Bitcoin (BTC) dropped to $104,650 on Wednesday, June 18, marking a 6.52% decline from its highest level this year. Option traders are increasingly betting on further declines. Data from Deribit shows that the put-to-call volume ratio rose to 2.17, indicating that more traders are buying put options as a hedge.

A put option gives investors the right, but not the obligation, to sell an asset at a specific price within a defined time period. In this case, for contracts expiring on Friday, open interest in put options is concentrated at the $100,000 strike.

Investors remain cautious amid the escalating crisis in the Middle East. In a statement on Tuesday, Donald Trump suggested the U.S. may enter the conflict and potentially target Iran’s Supreme Leader, Ayatollah Ali Khamenei.

The conflict could fuel inflation in the U.S. and globally. Brent and West Texas Intermediate crude prices rose to $76 and $74, respectively, while global shipping costs have also jumped. As a result, the Federal Open Market Committee may opt for a wait-and-see approach, monitoring the impact of geopolitical tensions and Trump’s proposed tariffs.

On a more positive note, Bitcoin demand appears to be rising. Spot Bitcoin ETFs saw over $216 million in inflows on Tuesday, bringing total cumulative inflows to $46.26 billion. In a note, an XBTO analyst said:

“A hawkish signal from the Federal Reserve could strengthen the US dollar and trigger a test of the psychological $100,000 mark. The geopolitical situation remains a wildcard, where further deterioration would likely trigger another move down across risk assets.”

Bitcoin price has formed a double-top pattern

BTC price chart | Source: crypto.news

On the eight-hour chart, BTC has pulled back from a high of $110,500 to around $104,530. It has formed a double-top pattern with a neckline at $100,300, a formation often associated with bearish breakouts.

Bitcoin has also fallen below the 50-period Exponential Moving Average and is approaching the 23.6% Fibonacci retracement level. Meanwhile, the MACD indicator has dropped below the zero line.

As such, Bitcoin may continue falling, with the next level to watch being $100,300, about 4.2% below current prices. A break below that support could open the door to a deeper decline toward the 38.2% retracement level at $97,560.



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Bitcoin
Crypto Trends

Bitcoin Golden Cross Suggests Potential Surge To $229,000 – Details

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the past month, Bitcoin (BTC) prices have shown little growth with a range bound movement between $103,000 to $110,000. 

Since establishing a new all time high of $111,931 in late May, the premier cryptocurrency has witnessed significant levels of selling pressure forestalling further levels of price discovery. 

Amidst this current market set up, popular trader with X pseudonym Trader Tardigrade continues to back Bitcoin’s bullish potential with another compelling price prediction. 

Bitcoin Bull Run Far From Over – Analyst

In an X post on June 14, Trader Tardigrade shares a captivating analysis of the Bitcoin market hinting the flagship cryptocurrency still has room for more price gains based on historical price data. 

Using the BTC daily trading chart, Tardigrade notes the recent formation of a golden cross as the 50-day simple moving average (50SMA) crossed above the 200-day simple moving average (200SMA) amidst the asset’s recovery in the past two months. 

Source: Trader Tardigrade/X

For context, the golden cross is  one of the most common bullish formations that indicate extensive price rally ahead. It occurs when a short term moving average moves above long-term moving average indicating a potential shift from consolidation or downtrend into a strong uptrend.

Since 2023, the three instances of the 50/200 SMA golden cross have yielded substantial price gains to the tune of 49%, 125% and 68%. 

Going by this price history, Tardigrade postulates the most recent golden cross tips Bitcoin to hit a market price of at least $152,000 representing a potential 44.7% gain from present market prices in a worse case scenario. 

However, in bullish circumstances, the analyst predicts the premier cryptocurrency could trade as high as $229,000 which reflects a possible 118% price increase from the asset’s current valuation. 

Tardigrade explains the feasibility of these predictions noting Bitcoin’s recent uptrend which has produced an estimated 47% from April lows. Notably, Bitcoin’s prices have boosted by 656% since the present market cycle commenced in late 2022. 

Bitcoin Price Overview

At the time of writing, BTC is valued at $105,552 after a 0.20% gain in the past day. The flagship cryptocurrency also retains a green performance on longer timeframes with gains of 0.03% and 1.41% on the weekly and monthly charts. 

Despite these positive figures, Bitcoin’s recent price action has shown signs of fatigue, with narrowing profit margins reflecting a consolidation phase and sideways movement over the past week. 

However, this cooling momentum has not dampened investor appetite. Notably, the Bitcoin ETF market saw a strong rebound, registering net inflows of $1.37 billion last week,  after two consecutive weeks of total net outflows valued at  $286.81 million.

BTC crosses above $105,000 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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bitcoin
GameFi Guides

Bitcoin Rally Not Yet Euphoric? Puell Multiple Suggests More Upside

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Despite a recent slump in Bitcoin (BTC) price driven by rising geopolitical tensions in the Middle East, overall market sentiment remains positive, with the leading cryptocurrency still trading in the mid-$100,000 range. Further, a key on-chain indicator suggests that the current BTC rally could still have more room to run.

Bitcoin Puell Multiple Suggests More Gains Ahead

According to a recent CryptoQuant Quicktake post by contributor Gaah, Bitcoin’s Puell Multiple suggests that the ongoing bullish rally may be far from over. The on-chain metric is currently hovering near the discount zone, below 1.40.

Source: CryptoQuant

For the uninitiated, the Puell Multiple is an on-chain metric that compares the daily revenue earned by Bitcoin miners to its 365-day moving average (MA), helping to identify periods of potential market overvaluation or undervaluation. 

Historically, values below 1.0 tend to indicate miner stress or market accumulation phases, while significantly higher values may signal overheated conditions or potential market tops. Commenting on the indicator’s recent behavior, Gaah noted:

This behavior of the Puell Multiple suggests that, despite the significant price appreciation, miners’ revenues have yet to follow suit – signaling that the market may be being driven by external forces, such as institutional demand, ETFs, or tightening circulating supply.

The contributor also pointed to the drop in block rewards following the April 2024 halving, which has likely exacerbated the revenue gap for miners – even as BTC prices rise on the back of broader adoption.

Gaah concluded that current conditions may represent a “potential window of opportunity” to accumulate BTC. The combination of elevated prices and subdued miner fundamentals suggests that the current cycle may have more upside potential in the coming months.

BTC Showing Signs Of Euphoria?

Retail interest in BTC remains muted compared to prior cycle peaks, but institutional interest continues to grow as adoption increases. An expanding number of entities are accumulating BTC, showcasing Bitcoin’s maturation as a legitimate store of value.

For example, GameStop recently announced plans to raise $1.75 billion through convertible notes, shortly after purchasing 4,710 BTC. This move echoes strategies employed by companies like Metaplanet and Strategy, which have also used debt financing to boost their BTC exposure.

Meanwhile, bullish forecasts for a new BTC all-time high (ATH) continue to emerge. Bitwise CEO Hunter Horsley recently predicted that BTC would likely face minimal resistance once it breaks past the $130,000 mark.

As for the timeline, crypto analyst Ted Pillows suggested that BTC could reach $130,000 as early as Q3 2025. At the time of writing, Bitcoin is trading at $104,793, down 2% in the past 24 hours.

BTC trades at $104,793 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Picture of CoinDesk author CD Analytics
Crypto Trends

TON Rises 4.1%, Suggests Further Upside Potential

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The Open Network (TON) cryptocurrency has demonstrated strong momentum, rising 4.1% in the last 24 hours, according to CoinDesk Research’s technical analysis model. The price action formed a clear uptrend with higher lows and higher highs, breaking through key short-term resistance levels on high trading volume before consolidating near $3.35.

The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding exchange coins, memecoins and stablecoins — is up 3.7% in the same period of time.

Technical Analysis

• TON climbed from $3.20 to a peak of $3.39, representing a 6.03% increase.

• Price formed a clear uptrend with higher lows and higher highs, culminating in a powerful breakout.

• Trading volume spiked to 5.77M during the breakout, significantly above the 24-hour average.

• Strong support established at $3.27, confirmed by multiple bounces with above-average volume.

• Resistance at $3.33 was decisively broken on high volume, suggesting further upside potential.

• Recent consolidation near $3.35 after the rally indicates profit-taking but maintains most gains.

• In the last hour, TON experienced volatility with a 1.24% correction from $3.38 to $3.34.

• Support emerged around $3.33, tested multiple times with decreasing volume.

• Final trading period showed signs of consolidation between $3.34-$3.35, though with diminishing volume.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Satoshi's First Collaborator Suggests Creating 'Bitcoin Mossad.' Here's Why
NFT Gaming

Satoshi’s First Collaborator Suggests Creating ‘Bitcoin Mossad.’ Here’s Why

by admin


Martti ‘Sirius’ Malmi, the Finnish computer scientist who is known as one of the first Bitcoin developers who collaborated with Satoshi Nakamoto, has suggested creating the so-called “Bitcoin Mossad” in order to protect OG holders from potential attacks. 

Malmi has floated the idea of El Salvador, the first country that made Bitcoin legal tender, hosting such an organization. 

This comes after Vora co-founder Jesse Posner recently opined that there needs to be robust protection for long-time Bitcoin holders in case of “hyperbitcoinization,” a theoretical scenario in which Bitcoin reaches widespread mainstream acceptance. 

“Hyperbitcoinization will make long-time hodlers the world’s juiciest targets,” Posner said. 

Alex Stanczyk, managing director at Swan Bitcoin, stated that security firms should be careful about marketing since they could potentially set their clients up for failure and false expectations. 



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