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The main threat quantum computing poses to the world's first cryptocurrency is a problem of consensus, not technology, according to James Check, founder of the analytics service Checkonchain. You allow the old coins to come back to market. Since there is…
BitMEX co-founder Arthur Hayes has updated his Bitcoin (BTC) forecast amid what he sees as slight positive shifts in global dollar liquidity. In this regard, he has no doubt that the first cryptocurrency will hold the critically important level of $80,000.…
Bitcoin's open interest (OI) has declined amid its price decline over the past month. Crypto experts believe this could indicate the formation of a local low. Over the course of 30 days, the indicator fell by approximately 1.3 million BTC (around…
Strategy Inc. has disclosed data that casts doubt on its ability to survive the next quarter. It holds 649,870 bitcoins, representing 3.26% of the supply. The total amount spent on these coins reached $48.37 billion. The scale of assets appears impressive,…
Discussion has intensified in the crypto community around the idea that the fate of the entire industry directly depends on Bitcoin (BTC). Some Bitcoin maximalists argue that if Bitcoin were to encounter a fatal problem, the entire crypto market would become…
On November 23, Bitcoin (BTC) tested levels above $86,000. Its daily peak was $86,547. By the time of writing, the coin had corrected to $85,843. On October 6, the leading cryptocurrency set a new all-time high (ATH) of $126,000. At its…
Jan van Eck stated that Bitcoin may not provide sufficient levels of encryption and privacy. Some long-standing holders are exploring Zcash as a more private alternative, he said. VanEck does not rule out abandoning Bitcoin if the network's thesis proves untenable.…
The short-term SOPR indicator has signaled a signal that often accompanies local and cyclical market reversals. According to analysts, the spike below 0.94 indicates the current decline is fading. The metric has been leveling off in recent months, making this divergent…
Jeff Park, co-owner and investment director of ProCap BTC, stated that news of a major government beginning to purchase the first cryptocurrency could be a strong catalyst for Bitcoin's growth. Such news could send Bitcoin's price soaring to $150,000 in a…
Robert Kiyosaki sold the bitcoins he bought for $6,000 for about $90,000. He received $2.25 million from the sale and reinvested it in two surgical centers and a billboard business. However, the businessman remains optimistic about Bitcoin and plans to buy…
Rumors have been circulating in the crypto community that USDT issuer Tether spent $1 billion of its own reserves to buy Bitcoin during its decline below $86,000. What really happened The speculation began with a post by Crypto Chatter user X…
The price of the leading cryptocurrency on the Bitstamp exchange briefly dropped to $80,537 on November 21, representing a 36% drop from its all-time high reached on October 6. The correction sparked a heated debate among analysts about whether the current…