Siamak Masnavi

Siamak Masnavi is a researcher focused on blockchain technology, cryptocurrency regulation and macroeconomic forces shaping digital assets — including interest rate policy, capital flows and adoption trends. He holds an MSc and PhD in computer science from the University of London and began his career in software development, with nearly four years in the banking sector in London and Zurich. Since April 2018, he has been writing about the crypto industry. His focus shifted primarily to research in November 2024, though he continues to contribute regularly to industry reporting.

Siamak Masnavi

Latest from Siamak Masnavi


Markets

Most Bitcoin Still Belongs to Individuals, but Institutions Are Catching Up: Research

River’s research estimates BTC ownership at 65.9% for individuals, 7.8% for funds, 6.2% for businesses and 1.5% for governments. About 7.6% is believed to be lost.

Pizza with one slice removed, symbolizing bitcoin ownership distribution

Markets

Businesses Are Absorbing Bitcoin at 4x the Rate It Is Mined, According to River’s Research

River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.

Bitcoin

Markets

Hyperliquid’s HYPE Token: Why Arthur Hayes Thinks It Has 126x Upside Potential

Arthur Hayes argues that fiat decline drives stablecoin saving, funneling into crypto speculation—and Hyperliquid is the exchange built for that wave.

CoinDesk Data chart showing 24-hour HYPE-USD price on Aug. 30, 2025

Tech

Has El Salvador Made Its Bitcoin Holdings Quantum-Proof?

El Salvador says its bitcoin reserve is safer from quantum threats — but the reality behind the claim is less sweeping than it sounds.

Large open bank vault door symbolizing secure bitcoin storage

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Markets

If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout signals, treasury demand and new institutional validator activity.

Cars racing, symbolizing Solana's SOL tolen leading top 20 cryptos by daily USD % gains

Finance

Google Advances Its Layer-1 Blockchain; Here’s What We Know So Far

Rich Widmann, head of Web3 strategy at Google, outlined on Tuesday how his firm's upcoming layer-1 blockchain for finance differs from Stripe's Temp and Circle's Arc.

Google's Mountain View headquarters

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