Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs
A heated debate erupted on X this weekend after Gabor Gurbacs, founder of Pointsville and strategic advisor to Tether, dismissed growing fears about Bitcoin’s vulnerability to quantum computing. In a series of posts, Gurbacs called the notion of a “quantum doomsday” for Bitcoin “pure FUD,” arguing that Bitcoin’s cryptographic foundations are already resilient and adaptable […]
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Ethereum (ETH) is showing early signs of stabilization after a turbulent month, bouncing back above the crucial $2,800 level as fresh institutional inflows reignite optimism across the market. Related Reading: Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs ETH currently trades near $2,821, up modestly over the past 24 hours, with traders closely watching […]
As global markets enter a tense, data-heavy week, traders across both traditional finance and digital assets are bracing for heightened volatility. Related Reading: Bitcoin Quantum-Break Catastrophe Is Pure FUD, Says Gabor Gurbacs A wave of critical U.S. economic releases, paired with rapidly shifting expectations around Federal Reserve policy, is shaping what could be one of […]
Gabor Gurbacs, an executive at VanEck and the founder of PointsVille in a recent acknowledgment of the expanding significance of cryptocurrencies in the financial landscape has commended Argentina and El Salvador for their innovative efforts in promoting Bitcoin and establishing a free crypto economy. Gurbacs emphasized how these countries’ leaders, Javier Milei and Nayib Bukele, […]
At this point, no one can deny that Bitcoin has begun a new bull market. The 500% rally and new all-time high in 2020 is all the evidence that is needed. But that doesn’t mean that corrections won’t soon come, and according to VanEck’s digital asset director, Gabor Gurbacs even a +50% price drop will […]
Leading business intelligence firm MicroStrategy is doubling-down on Bitcoin, announcing a securities offering to raise $400 million to invest in BTC. The world’s largest publicly traded business intelligence firm, MicroStrategy has announced plans to invest the proceeds from a $400 million securities offering into Bitcoin.On Dec. 7, the firm revealed plans to issue $400 million in convertible senior notes — a debt security that can be converted into the issuing company’s shares. The announcement stated:“Microstrategy intends to invest the net proceeds from the sale of the notes in....