Bitcoin’s Journey Towards Store of Value Amid Market Volatility

As the cryptocurrency landscape continues to evolve, Bitcoin’s journey towards becoming a recognized store of value remains a topic of intense debate. Recent market trends have shed new light on this narrative, prompting a closer examination of Bitcoin’s performance amidst broader financial market dynamics.

Is Bitcoin Store Of Value Status Finally Here Amid Latest Stock Market Decoupling?

When Satoshi made Bitcoin (BTC), it was seen as a store of value. However, its speculative and risk-on nature have dominated investor sentiment. While Bitcoin’s value over time aligns with the store of value narrative, it has not matched gold’s performance. Gold has gained 22.75% in the last four months, while Bitcoin has declined, currently trading at a 23% discount from its January peak. This performance has made Bitcoin more akin to a risk-on asset, lacking the safe-haven status observed in gold.

Bitcoin Developer Proposes Hard Fork for Quantum-Resistant Upgrade

A new Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin Cruz. The plan outlines a network-wide migration of BTC from legacy wallets to post-quantum cryptography-secured wallets to protect against the potential threats posed by quantum computing. Quantum computing employs Quantum bits (qubits) that can exist in multiple states simultaneously, exponentially increasing computing power and posing a risk to current encryption methods.

Bitcoin: Satoshi Nakamoto Turns 50 — And We Still Don’t Know Who He Is

The mysterious creator of Bitcoin, Satoshi Nakamoto, is celebrating his 50th birthday today, April 5, 2025. Nakamoto’s innovation has revolutionized global finance and now attracts major economic powers. According to information on his old profile from the P2P Foundation, Nakamoto was born on April 5, 1975, although this date may be symbolic, corresponding to the 42nd anniversary of the American presidential decree that banned American citizens from owning gold to stabilize the dollar. Despite fifteen years of research and speculation, Nakamoto’s identity remains unknown.

SEC Staff to Reassess Biden-Era Crypto Guidance

Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance, including the statement on funds registered under the Investment Company Act investing in the Bitcoin futures market, digital assets ’investment contracts,’ and custody frameworks. The reviews could result in more clarification for regulatory frameworks around the digital assets sector. The request from acting chairman Mark Uyeda is related to Executive Order 14192, Unleashing Prosperity Through Deregulation, and comes after a recommendation from Elon Musk’s D.O.G.E.

Arthur Hayes: Bitcoin May Break Free from Nasdaq Ties

The divergence in price performance between Bitcoin (BTC) and the Nasdaq is a sign that the leading cryptocurrency may be decoupling itself from the U.S. stock market. Arthur Hayes, former BitMEX CEO, believes that BTC is becoming a purer asset that is less affected by equities’ performance. BTC has rebounded to trade around $84,187 after a drop, signaling a potential change in market dynamics as it breaks its correlation with traditional equity markets, particularly the Nasdaq 100.