Bitcoin holds below $75,000 as gold tests $4,800 resistance following the US-Israel-Iran ceasefire. Full BTC price analysis, macro outlook, and key levels to watch ahead of Friday's CPI data.

 

Blockstream CEO, Adam Back, denied on Wednesday that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), responding to a New York Times (NYT) investigation that pointed to him as the leading suspect. The NYT report, by John Carreyrou, drew on a range of circumstantial evidence — including parallels in writing style, the use of British spellings, and overlapping cryptographic expertise — to argue that Back could be the person behind Bitcoin's origin story.

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Anxieties over the quantum threat to Bitcoin have been growing, but Bernstein backs Back in saying there's no cause for alarm.

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For years, the cryptocurrency sector has awaited a definitive sign that blockchain technology has penetrated the core of the traditional financial system. That sign appears to have materialized with a headline that has reverberated across the industry that banks are testing Ripple.