Investment bank Bernstein forecasts Bitcoin rising to $150,000 by mid-2027 and $300,000 by 2029 due to debt crises and institutional demand. However, Charles Edwards warns this is only feasible if Bitcoin Core developers implement quantum-resistant cryptography to address security risks posed by quantum computing. This risk currently depresses Bitcoin's price by about 30%. Developers are discussing upgrades like BIP-360 and BIP-361 to protect against quantum threats, with support from initiatives like Galaxy Digital's $5 million Bitcoin Quantum Readiness fund. The market must also overcome resistance around $71,000 to begin this upward move, making Bitcoin's future growth dependent on timely cryptographic reforms.
Bitway (BTW) led losses among the top 90 cryptocurrencies by dropping 26.52% to $1.20 on October 30, with 77 out of 90 major cryptocurrencies declining. Other notable drops included Venice Token (-14.41%), Pearl (-13.80%), and Injective (-12.43%). Me...
Tether reported $4.5 billion in profit for the first nine months of 2026, but its USDT reserve buffer grew by only $1.66 billion to $7.95 billion, now smaller than its $8.37 billion Bitcoin holdings. This exposes USDT holders to risks from Bitcoin an...
Bitcoin saw $21.92 million in short positions liquidated within an hour ending at 11:43 a.m. ET on Oct. 30, as its price increased by 0.62%. This data, collected from Binance, Bybit, and OKX, shows short liquidations vastly outpaced long liquidations...
A single Bitcoin short position worth $5.45 million was liquidated on Binance's perpetual futures market at a price of $77,743. This event occurred on October 30 at 11:10 a.m. ET (October 31, 12:10 a.m. South Korea time). Such a large liquidation hig...
Bitcoin experienced $9.45 million in short position liquidations within one hour ending at 11:13 a.m. ET on October 30, according to data from Binance, Bybit, and OKX. Total BTC liquidations across these exchanges reached $11.69 million, with long li...
