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Bitcoin’s Quantum Race: Can It Survive Microsoft’s Majorana? – Bitcoinist

Is Quantum Computing threatening Bitcoin faster than expected? On Wednesday, Microsoft announced its first quantum computing chip, called “Majorana 1.” The tech community has long speculated about Google's next-generation quantum efforts, and while it is often referred to as “Willow,” Microsoft's announcement focused on looming questions. Microsoft said Majorana 1 is leveraging a new topology […]

How Bitcoin’s slight 3% rise caused an Open Interest surge – AMBCrypto News

After $2.5 billion in futures liquidations, Bitcoin open interest has surged to over $19 billion. BTC is facing strong resistance at $63,400, with the price hovering around $62,700 after a recent 3% rise. Bitcoin's [BTC] Due to the recent price spike, open interest has experienced significant volatility and several positions have been closed. Despite this, […]

HBO filmmaker believes he found bitcoin’s creator, whose identity has been unknown

The identity of Bitcoin's inventor is shrouded in mystery, but the makers of a new HBO documentary believe they may have revealed the man's identity. Karen Hoback believes she may have discovered the alias Bitcoin's inventor used online: Satoshi Nakamoto. The inventor of Bitcoin may have personal control over a stash of cryptocurrencies worth tens […]

Money, Debt, and Bitcoins

Estimated Reading Time: 8 minutes Suppose soaring inflation caused our money to be of so little value that it was no longer acceptable for business purposes. It should be obvious that a modern economy cannot function purely on barter trade. What would we do? This has happened in many countries. Usually, they turn to doing […]

Bitcoin’s Mt. Gox Swings Add to Signs of Rocky Crypto Rebound – Yahoo Finance

(Bloomberg) — Bitcoin has plunged again on concerns that creditors of the collapsed Mt. Gox cryptocurrency exchange may sell the token, raising doubts about whether momentum remains in the cryptocurrency bull market that began last year. Most read articles on Bloomberg The largest digital asset fell 5.2% on Monday, dropping about $19,000 from its March […]