TL;DR Microsoft's Majorana 1 chip, a quantum computing innovation, could accelerate the timeline for Bitcoin's quantum resistance due to its advanced processing capabilities. The chip's Topological Core architecture enables the creation of stable and scalable qubits, raising concerns about Bitcoin and other cryptocurrencies' vulnerability to quantum computing attacks.
American citizens may soon receive a significant financial boost if the U.S. government follows through on its plan to cut spending and save trillions of dollars. While this move appears to be an act of fiscal responsibility, it could also have unexpected benefits for $DOGE—given its name's connection to a department led by Elon Musk.
The Bitcoin mining hashrate has halted as uncertainty masks months of steady growth.
The potential savings of the Department of Government Efficiency (DOGE), helmed by Elon Musk, could be used to purchase bitcoin, setting the basis for establishing a strategic bitcoin reserve in the U.S.
As Bitcoin (BTC) continues to navigate volatile market conditions, its funding rates have recently shifted into negative territory, prompting many traders and analysts to speculate that a market bottom might be forming. This could suggest that Bitcoin's price is about to experience a significant rebound, potentially triggered by a short squeeze.
TL;DR Franklin Templeton has launched EZPZ, a new ETF providing exposure to Bitcoin and Ethereum, designed to track the US CF Institutional Digital Asset Index. The ETF offers a simplified and low-cost way for investors to access top digital assets, with an initial sponsor fee of 0.19% waived until August 31, 2025.
The Invesco QQQ Trust (NASDAQ:QQQ) is one of the most popular exchange-traded funds in the world, giving customers exposure to the tech-heavy Nasdaq-100 index. It has over $341 billion in assets under management as of this writing What happened: Launched in 1999, the ETF holdings are dominated by the "Magnificent 7" tech titans like Apple Inc. (NASDAQ:AAPL), Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT), and so on, making it an enticing bet for long-term return.
Bitcoin (BTC) four-year compound annual growth rate (CAGR) has declined to 14.5%, the lowest rate on record. However, despite the slump, the premier cryptocurrency has given better returns than gold and stocks.
Bitcoin's price remains below the $100,000 mark, trading at $98,000 at the time of writing. While this positions its daily performance in positive territory, the larger picture suggests continued bearish pressure.
The Bitcoin price has met with strong resistance at the $99,000 horizontal level and there may well be some kind of correction from here. That said, there is a potential tidal wave building.
The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.
Altvest Capital, a South African investment firm, has become the latest company to venture into the Bitcoin market, officially announcing its first investment in the leading cryptocurrency. The post South African Firm Altvest Capital Makes First Bitcoin Investment, Joining Growing Trend appeared first on Cryptonews.
Michael Saylor at Strategy suggested the US should buy 20% of the entire $BTC supply to fund its strategic Bitcoin reserve. That's an ambitious target, as there's only room for one country worldwide to control one-fifth of the network, given $BTC's scarcity.
The Johannesburg-headquartered Altvest Capital is seeking regulatory approval to raise $10 million, to make Bitcoin its primary reserve asset.
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region's outdated energy infrastructure.
Bitcoin price is nearing the $100,000 threshold, fueled by several factors among the upcoming expiration of $2.04 billion in options contracts. Could a major breakout be around the corner?
Analyst and trader Michaël van de Poppe is highlighting one crypto asset that could go up by triple-digit percentage points while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).
The South African alternative investment firm has bought one bitcoin.
BlackRock's IBIT dominates spot Bitcoin exchange-traded funds by trading volume with a current 75% market share.
The tool, provided on the VanEck website, allows users to calculate whether BTC could help resolve the US debt crisis. The two prime components of the tool are the US National Debt Value calculator and the Bitcoin Treasury Reserve Value calculator. Currently, the US debt stands at $36 Trillion.
The OI across most crypto assets has risen but BTC faces crucial test around the $100K price level.
On-chain data analysis shows that Bitcoin transactions greater than $100K increased from around 6.5K on Monday to about 10K on Friday.
Asset manager VanEck has stated that a Strategic Bitcoin Reserve could help mitigate the US' growing debt, which currently stands at $36 trillion.
Bitcoin's price recovery above $100,000 may continue to face significant resistance as its exchange reserve continues to rise.
The debt offering carries a 0% interest rate and will mature on March 1, 2030.
Bitcoin is fundamentally different from other digital assets, Altvest Capital CEO said, highlighting the company's exclusive focus on BTC.
Bitcoin is fundamentally different from other digital assets, Altvest Capital CEO Warren Wheatley said, highlighting the company's exclusive focus on BTC.
An on-chain analyst has pointed out that the Realized HODL (RHODL) Ratio indicator is on the way down, a sign that may not be positive for Bitcoin. Bitcoin RHODL Has Been Losing Momentum Recently In a new post on X, analyst Checkmate has discussed about the latest trend in the RHODL Ratio of Bitcoin.
Adam Back, a prominent cypherpunk mentioned in the Bitcoin whitepaper, remarked that while there has been some market consolidation due to profit-taking by certain investors, demand is clearly outpacing production, with ETFs and institutions like Strategy leading the way.
While quantum computing poses a threat to Bitcoin's security, banks have multiple defenses in place to prevent a widespread collapse, River's Leishman says.
Renowned investor Robert Kiyosaki, also known for authoring a popular book on finance management titled “Rich Dad Poor Dad”, has published yet another “giant crash” prediction and highlighted his firm belief in Bitcoin as a key asset in the market.
Bitcoin has suffered another blow as U.S.-based spot Bitcoin ETFs saw net outflows surging to $365 million. Alongside Bitcoin, Ethereum ETFs also faced a net outflow of $13 million, though BTC's losses remain the dominant story.
MetaPlanet , Japan's MicroStrategy buys 68 Bitcoin worth $6.6M . strengthening its position as Asia's top corporate BTC holder.
The difference between the US and EU approaches to crypto has become evident as the European Central Bank (ECB) is building a blockchain system to process CBDC (Central Bank Digital Currency) transactions.
The Bitcoin price bounced past $98,000 on Thursday in a rally attributed to leverage after open interest surged by 7.2% in 24 hours to $2.4 billion. Despite these gains, retail and institutions remain hesitant, with weakening demand leading to BTC price being stuck in a rangebound market.
Michael Saylor urged the US to secure 20% of the Bitcoin network to strengthen the economy and hedge against global competition.
A new ETF that allows investing simultaneously in BTC and ETH.
American entrepreneur and angel investor Jason Calacanis has once again taken aim at corporate Bitcoin holder Strategy.
Blockstream CEO Adam Back says that Bitcoin (BTC) is still in the early stages of the current bull market as the adoption of the flagship crypto asset mounts.
Bitcoin's Funding Rate turns negative, signaling a potential local bottom and possible short squeeze ahead.
Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this week This upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shift on the horizon. Related Reading: Bitcoin Ready For ‘Take Off'—Analyst Reveals Key Signals Bitcoin's Open Interest Points to Possible Market Shift One notable development is the increase in Bitcoin's open interest—an indicator of the total number of outstanding perpetual futures contracts on centralized exchanges.
Donald Trump is doubling down on crypto, and this time, he's not just making campaign promises—he's laying out a plan.
By early 2025, Russia's Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners.
Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ), which offers exposure to Bitcoin and Ethereum.
Bitcoin price targets $101,000 as bullish momentum continues. Institutional demand and regulatory optimism fuel the rally. Key levels to watch: $98,000 and $99,200. The post Bitcoin Eyes $101,000: Bullish Momentum and Institutional Demand Drive Rally appeared first on Cryptonews.
GameStop CEO Ryan Cohen's recent actions, including following Bitcoin Magazine and meeting with Strategy's Michael Saylor, combined with the company's $4.616 billion cash reserve and authority to invest in cryptocurrencies, have fueled speculation about potential Bitcoin purchases that could make GameStop the second-largest corporate holder of the cryptocurrency.
Bitcoin and altcoin investors are closely watching the developments in the Japanese market as core consumer inflation races by 3.2% in January and could push the central bank to announce rate hikes very soon. This has to the feats of unwinding of Japan's yen carry trade, similar to August 2024, that triggered a major crypto
Utah has advanced its Bitcoin reserve bill to the next stage of legislation, with a second and third reading in the Senate pending before a final vote.