12x $VWRL (-0,08 %)

15x $ASRNL (-0,1 %)

13x $NN (+0,47 %)

€100 $BTC (-0 %)

On to €80,000 😀

The market is showing several signs of overheating. Investors are taking on unprecedented risks, their cash reserves are nearly depleted, and capital is flowing into high-risk, leveraged funds. South Korea’s stock market is experiencing unprecedented volatility. The clearest warning sign, however, comes from the bond market: Demand for tech bonds has collapsed, investors are demanding higher interest rates, and major U.S. banks are reducing their positions. This is crucial—especially given significant financing needs on the horizon. At the same time, the promised AI returns are failing to materialize, as more affordable tools are hot on the heels of the leading systems. Historically, the bond market leads the stock market—especially at this level of risk. Consequently, the signals from the bond and stock markets diverge, as the attached chart shows.

Against this backdrop, renewed pressure on oil prices is a bad sign: Last week’s weak inflation report looked better because oil prices had fallen sharply in June; tensions in the Gulf over the past ten days mean that July will paint a different picture. Higher oil prices act like a tax on everyday life. This combination is bad for risk assets and could slow or even reverse interest rate cuts—a scenario in which central banks will ultimately have to pump fresh money into the system. This is precisely the environment in which $BTC (-0 %) and $GOLD shine: Both are underperforming this year, and both would have the most to gain if central banks shift to monetary easing.

You can invest in Bitcoin through the following platform: $BITC (-1,61 %)

Hey everyone, I'm really looking forward to hearing your thoughts.

My core holdings consist of ETFs, supplemented by individual stocks like Airbus and TotalEnergies, which are intended to counterbalance the overweighting of U.S. and tech stocks in the ETFs.

$TTE (+0,75 %) I bought these before the Iran crisis as stocks offering a reliable dividend and a favorable valuation, based on the investment thesis that they would grow steadily due to the long-term shift toward renewable energy.

$AIR (+0,47 %) I built up this position due to a price pullback and the thesis that Europe is gaining structural importance in the aerospace and defense sectors, driven in part by rising European defense spending and growing strategic independence from the U.S. The position has since grown to about 21% of my portfolio, which I accept as a deliberate concentration risk, as I remain convinced of the thesis.

$NVDA (-0,93 %) And $BTC (-0 %) I’m simply keeping this unchanged, as I currently see no reason to adjust it, and the $MSFT (-0,01 %) warrants are just a bit of fun.

Every great revolution has a leader. But the greatest financial revolution of our time has... no one.

Anyone who wants to understand Bitcoin must start with the greatest mystery of the digital age: Satoshi Nakamoto.

The Bitcoin white paper was published under this pseudonym in 2008. To this day, no one knows whether it was written by a brilliant programmer, a group of developers, or someone else entirely. But that’s no coincidence—it’s Satoshi’s greatest stroke of genius.

The Global Manhunt and the “Fake” Satoshi 🕵️‍♂️

Since a massive fortune is held in Satoshi’s wallets, intelligence agencies, journalists, and crypto enthusiasts have spent years hunting for his true identity. In 2014, a U.S. magazine believed it had solved the mystery: They tracked down a retired Japanese-American physicist in California who was actually named Dorian Satoshi Nakamoto.

An absurd media frenzy ensued. Reporters besieged his home, and the visibly overwhelmed man had to explain to the world that he had absolutely nothing to do with Bitcoin and had never even heard the name before all the commotion. Satoshi himself then broke his years-long silence and posted one final, legendary sentence on a developer forum: “I am not Dorian Nakamoto.” Since then, there has been complete radio silence.

Why the founder’s disappearance was vital to Bitcoin’s survival:

1. No “single point of failure” 🎯If Bitcoin had a well-known inventor, a CEO, or a headquarters, the project would have been dead long ago. Governments could have exerted pressure, arrested the founder, or regulated the company—just as happened with many early attempts at digital currencies. Since there is no “boss,” there is no target for attack.

2. True decentralization from Day 1 🌐In 2010, Satoshi withdrew completely from the project and handed the code over to the community. Since then, Bitcoin has belonged to no one—and yet to everyone. It’s like the internet: No one owns the internet, but everyone can use it and build on it.

3. No greed: The untouched millions 💰An estimated 1.1 million bitcoins sit in the very first Bitcoin addresses attributed to Satoshi. The crazy thing is: These coins haven’t been moved in 16 years. If Satoshi had intended to simply get rich, these coins would have been sold long ago. This shows that this was about a fundamental ideology: creating a free, fair monetary system for the world.

💡 Conclusion for Part 1:

Satoshi Nakamoto gave humanity the tool for absolute ownership and then disappeared into the shadows. Only through this could Bitcoin become the decentralized, unstoppable network it is today.

In the next part, we’ll look at where these coins actually exist. Part 2/8 focuses on the digital ledger: the blockchain. 📊

Did you already know the story behind the hunt for the mysterious founder? Feel free to follow us so you don’t miss the next parts! 👇

$BTC (-0 %)
#bitcoin
#satoshi
#krypto
#finanzen
#investing
#blockchain
#anfänger
#bitcoinstandard

Sources:

Bitcoin White Paper (2008):

https://bitcoin.org/bitcoin.pdf

Newsweek article on Dorian Nakamoto (2014):

https://leahmcgrathgoodman.com/the-face-behind-bitcoin/

Denial on the forum (“I am not Dorian Nakamoto”):

https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/4/

Satoshi’s Emails & Retirement (Satoshi Nakamoto Institute):

https://satoshi.nakamotoinstitute.org/emails/

Analysis of the 1.1 million bitcoins (Patoshi pattern by Sergio Demian Lerner):

https://bitslog.com/2019/04/16/the-return-of-the-deniers-and-the-revenge-of-patoshi/

After eight weeks of global outflows totaling $8 billion, sentiment toward crypto investment products has recently stabilized. Declining inflation data has $BTC (-0 %) helped in the short term, as investors are once again betting more heavily on potential interest rate cuts.

Nevertheless, the picture remains mixed: The bottom #bitcoin is likely close or has already been reached. However, the catalyst for significantly higher prices is still missing. Without a clear shift in interest rate expectations, $BTC (-0 %) it is likely to trade sideways for the time being. A breakout above $80,000 currently seems unlikely.

(Author: James Butterfill, CoinShares’ Head of Research)

You can invest in Bitcoin through the following vehicle: $BITC (-1,61 %)

The Geopolitical Risk Index has just risen sharply—a warning sign. The historical data (since 1985) is clear: the higher the geopolitical risk, the higher the inflation. In the worst-case scenario, we can expect inflation of 5.7 percent. Normally, in times of crisis like these, safe-haven assets such as $GOLD and $BTC (-0 %) rise significantly. But in 2026, things are different—both assets have significantly underperformed despite rising risks. For investors, this means that traditional crisis-hedging strategies are not currently working reliably.

$BITC (-1,61 %)

On the client side, there was considerable interest in whether $BTC (-0 %)Strategy’s position poses an existential risk to the asset class. It does not. Four percent of the supply is simply not enough to trigger a structural collapse—from a purely mathematical standpoint, this concern does not hold water.

However, the shift in market sentiment is particularly interesting. When Michael Saylor sold 32 #bitcoin —a man who once said he’d rather sell a kidney than his $BTC (-0 %) —the announcement alone initially triggered a 9.3% drop in the price. Not because of the volume—32 $BTC (-0 %) is negligible—but because of the signal it sent. Since then, Strategy has quietly sold 3,588 $BTC (-0 %) . The market seems to be getting used to it. The shock effect of $BTC (-0 %)Strategy’s sales is fading, and I expect this narrative to become increasingly less significant. The data so far already supports this.

You can invest in Bitcoin through the following vehicle: $BITC (-1,61 %)