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Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000

The article is a crypto market commentary centered on a public critique by blockchain investigator ZachXBT, who called hardware wallets unreliable for both transaction signing and storage of meaningful funds. He argued that current hardware-wallet solutions are weak on security and usability and suggested using a dedicated, stripped-down iPhone as a signing device instead. The piece does not describe a direct price catalyst for Bitcoin, but it appears amid a broader market update showing BTC trading steady near $65,000, with Ethereum, XRP, and the CoinDesk 20 also moving modestly. Market impact is mainly narrative-driven: the comments could reinforce skepticism about self-custody hardware products and spark debate in the crypto community, but there is no immediate evidence of a major price reaction in BTC from the story itself.

Category

Bitcoin

Sentiment

Neutral

Event

Market commentary

Reading time

1 min