Adam Back. The name carries weight. A cypherpunk legend, a Bitcoin OG. When he speaks about Bitcoin, the crypto world sits up and pays attention. And lately, he’s been calling for investors to abandon altcoins and rush into Bitcoin and Bitcoin treasury stocks. Sounds simple, right? Maybe too simple. Even...
Even Adam Back, CEO of Bitcoin infrastructure company Blockstream, recently cautioned investors to avoid altcoins. In doing so, he even claimed their value might fall by up to 90%. Back’s warning underscores an important reality. As illustrated on the Altcoin Season Index, altcoins have never been this drastically underperforming against...
He's probably right. The vast majority will vanish. He’s a legitimate and credible guy, a Bitcoin OG, his voice carries weight – rightly so. Continuing to bet on Bitcoin, the current market champion, seems like the least risky option. The Altcoin Season Index hasn’t fared any better, languishing at a...
And when Adam Back—a name that’s become almost interchangeable with Bitcoin’s very DNA—throws down the gauntlet? He’s even claiming Bitcoin treasury strategies to be the “new altseason.” Is he a true visionary, or is this just song of the sirens enticing investors into the Bermuda triangle of the unknown? Let's...
The crypto world is buzzing with a bold claim from Adam Back: Bitcoin treasuries signal a shift away from altcoins. What does this all mean for investors trying to figure out the often-volatile world of crypto? Ceres’ Miles O’Connor examines the ramifications, providing an even-handed look at this developing movement....
