Galaxy suggests that while the danger of quantum computing to Bitcoin is genuine, it does not pose an immediate existential threat.
Debate Over Quantum Computing and Bitcoin’s Security Concerns about the potential for quantum computing to compromise Bitcoin’s encryption have ignited considerable discussion within the cryptocurrency community. However, Alex Thorne, who leads research at Galaxy Digital, believes the narrative that Bitcoin is unprepared or that investors should steer clear due to this risk is overstated. While […]
Bitcoin Price Forecast: We Inquired ChatGPT About Bitcoin’s Value by 31 December 2026
Bitcoin Predictions Through 2026 ChatGPT has outlined various potential outcomes for Bitcoin’s price by December 31, 2026: a base case of $98,000, a bullish scenario predicting $132,000, and a bear case suggesting it could drop to $52,000. One of the key factors influencing these predictions is the Spot Bitcoin ETF Flow, which seems vital in […]
Bitcoin price update: BTC continues to decline after Fed’s pause and Powell’s press conference
Bitcoin’s Dip Amid Inflation Concerns Bitcoin dropped below $71,000 on Wednesday following comments from Federal Reserve Chairman Jerome Powell, who highlighted rising oil prices from the ongoing conflict in Iran as a new risk for inflation. While the Fed decided to keep interest rates steady, Powell noted in a post-meeting press conference that the recent […]
Citi Lowers Rating for Crypto Exchange Gemini After Reducing Price Predictions for Bitcoin and Ethereum
Simply put Citi has downgraded Gemini’s rating from “neutral” to “sell,” indicating it may take years for the exchange to become profitable again. GEMI stock saw a drop of over 16% in a single day, outpacing declines in other major crypto stocks. This week, Citi also reduced its price targets for Bitcoin and Ethereum. Early […]
Man Claims Partner Took $172 Million Bitcoin Password Using CCTV
Spousal Theft of Bitcoin: A Complicated Case Ping Fai Yuen, a resident of the UK, has accused his estranged wife of stealing over 2,323 Bitcoins, which he claims are worth around $172 million. According to court documents, this alleged theft took place in 2023 when his spouse reportedly used CCTV footage to uncover the backup […]
SEC States ‘Most Crypto Assets’ Are Not Securities, Covering Staking, Airdrops, and Bitcoin Mining
SEC Clarifies Stance on Crypto Assets In a recent address to the crypto industry, SEC Chairman Paul Atkins stated that the majority of crypto assets do not qualify as securities. This guidance aims to clarify which assets are considered securities and which fall under investment contracts. Atkins emphasized that activities like protocol mining (including Bitcoin) […]
Bitcoin approaches $75K as trader claims BTC price squeeze ‘doesn’t alter anything’
Bitcoin Sees Uptick Amid Easing Global Tensions Bitcoin’s value climbed to $74,600 on Wall Street this Monday, buoyed by indications that tensions surrounding the Iran conflict are lessening. Key Takeaways: Bitcoin approached a local high near $75,000 following a robust weekly performance and a return to crucial trend lines. Brought on by decreasing tensions in […]
Bitcoin Price Rises Again as Bulls Target a New Monthly Peak
Bitcoin Price Trends Upwards Bitcoin has seen a steady increase, hovering above the $72,000 mark. Currently, BTC is consolidating, and if it manages to break past $73,000, further gains may follow. Bitcoin has initiated a notable rally above the $72,000 threshold. The current trading price is above $71,200 and also surpasses the 100-hour simple moving […]
Bitcoin price update: BTC rises above $74K, while ether, solana, and cardano fluctuate up to 7%
Bitcoin and Altcoin Movements in Recent Market Trends Bitcoin recently surged past the $74,000 resistance level that it had faced several times in just two weeks, although it eventually fell back under that mark. As of Monday morning, Bitcoin was trading slightly above $74,000, reflecting a 2.9% increase over the last 24 hours and a […]
Bitcoin Rises as Oil Approaches $100 Amid Additional Middle East Attacks
Simply put Bitcoin saw a 2% increase in the past 24 hours, hitting $72,490 after dipping to around $70,500 over the weekend amidst volatile trading. U.S. stock futures showed a slight uptick, with the Dow, S&P 500, and Nasdaq 100 each rising by about 0.15% on Sunday evening. President Trump has cautioned that any further […]