PANews February 17 News, F2Pool co-founder Wang Chun posted on X platform that quantum computing is more like a technological bubble compared to AI. The industry is currently filled with hype but has almost no actual deliverables. AI is continuously improving the real world, while quantum computing is unlikely to achieve practical applications by 2026, and is expected to remain difficult to generate substantial industry value for decades to come. His trading view is to short quantum computing but to remain long Bitcoin. He also specifically mentioned bearish views on several quantum computing concept stocks, including Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), Quantum Computing Inc. ($QUBT), and IonQ ($IONQ). Wang Chun added that the current products and commercialization capabilities of these companies are insufficient, and market valuation is more based on long-term technological expectations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Under the Iran-U.S. conflict, the Bitcoin market is currently splitting: institutions continue to buy, while whales and mining firms are accelerating their sell-offs
Amid the impact of the U.S.-Iran geopolitical conflict, the Bitcoin market has diverged: institutional investors continue to accumulate Bitcoin, while whales, mining firms, and some countries are reducing their holdings. Data shows that large holders have shifted to net selling, mining firms’ sell-offs have been significant, and sovereign holders have also clearly cut exposure. Despite muted market sentiment, the price of Bitcoin has held in the $65k to $73k range, and its future direction will depend on continued inflows of institutional capital.
GateNews25m ago
CME Bitcoin futures open interest falls to $8.41 billion, hitting a 14-month low
Chicago Mercantile Exchange bitcoin futures open interest fell to a 14-month low. Driven by the unwinding of basis trades, institutions are leaning toward directly holding spot, and the leverage level in the futures market has dropped significantly.
GateNews1h ago
STRC This week’s fundraising is expected to be able to buy 8,000 BTC, or hold 10,000 coins
Gate News message. On April 11, Strategy's Stretch (STRC) has, to date this week, raised enough funds to purchase 8,000 BTC. It is estimated that STRC may hold 10,000 BTC by the end of this week.
GateNews2h ago
Bitcoin clings to $72K while 3.3% inflation and war‑driven oil spikes rattle US markets
US inflation rose 3.3% in March while Bitcoin traded back above $72,000, leaving crypto caught between sticky prices, war‑driven oil shocks and recurring liquidation waves.
Summary
Headline CPI increased 3.3% year‑on‑year and 0.9% month‑on‑month, driven by a roughly 10.9% jump in energy
Cryptonews2h ago
Morgan Stanley Bitcoin Trust Debuts With Low Fee Edge
Morgan Stanley's Bitcoin Trust (MSBT) launched with $34M in first-day trading, exceeding expectations. Its low 0.14% expense ratio positions it competitively in the market, attracting strong demand amid renewed investor interest and favorable geopolitical developments.
CryptoFrontNews3h ago
