VanEck’s Crypto Research Head has warned public companies about risks tied to aggressive Bitcoin accumulation amid falling stock prices. As Bitcoin holdings grow, equity values are sliding, creating a potential gap between market capitalization and Bitcoin net asset value. This mismatch has raised concerns over shareholder dilution and declining investor confidence. VanEck Warns of Bitcoin […]
Matthew Sigel
VanEck Predicts $23B Bitcoin Buying Pressure from US States
Proposed state-level Bitcoin reserve bills in the United States could lead to significant BTC purchases, potentially driving up to $23 billion in demand. This could translate to the acquisition of approximately 247,000 BTC. VanEck’s Head of Digital Assets Research, Matthew Sigel, highlighted that this figure is a conservative estimate, dependent on the development of these […]
Solana Outage Shocker: Was It Sabotage?
Solana suffered the first outage of 2024, sparking discussions over the five-hour blackout. As developers and critics raged about the event, Matthew Sigel, CEO of digital asset research at VanEck, offered his insights. He highlighted that the BPF [Berkley Packet Filter] loader, which oversees deploying, upgrading, and executing programs on Solana, has crashed. He then […]