Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin could reach $300,000 if developers fix quantum computing risks, says Charles Edwards.

Market News
26 Aug 2026
UToday
View Source
Neutral
pluang ai news

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.

More News (BTC)

Cryptocurrency prices show mixed gains with Bitcoin at $80,473 and Solana surging 13%.

Cryptocurrency prices show mixed gains with Bitcoin at $80,473 and Solana surging 13%.

Cryptocurrency markets display varied performance with Bitcoin priced at $80,473, up 3.12%, and Solana leading gains with a 13.09% increase. Other notable rises include Ethereum and XRP, while some coins like FIGR_HELOC and AKE show slight declines. ...

Market News
Bullish
5 hours ago
Bitcoin Lightning developers warn of a critical flaw, urging node operators to stay alert amid unconfirmed exploit reports.

Bitcoin Lightning developers warn of a critical flaw, urging node operators to stay alert amid unconfirmed exploit reports.

Core Lightning developers issued an urgent warning about a reported critical flaw in Bitcoin's Lightning network, based on AI-generated bug reports. While the flaw's details and impact remain unconfirmed, the advisory stresses caution for node operat...

Market News
Bearish
5 hours ago
Cryptocurrency prices show mixed gains with Bitcoin above $80K and notable rises in altcoins like Solana and VET.

Cryptocurrency prices show mixed gains with Bitcoin above $80K and notable rises in altcoins like Solana and VET.

Cryptocurrency markets display a range of price movements with Bitcoin trading above $80,000, up 3.03%. Ethereum and Binance Coin also show gains, while altcoins like Solana surged nearly 12% and VeChain (VET) jumped over 29%. These fluctuations indi...

Market News
Bearish
5 hours ago
Zcash's 70% surge signals a potential Bitcoin correction, warns CryptoQuant analyst.

Zcash's 70% surge signals a potential Bitcoin correction, warns CryptoQuant analyst.

Zcash (ZEC) has surged 70% rapidly, triggering a historical risk indicator that signals a likely correction for Bitcoin (BTC). On-chain analysts note that abnormal Zcash growth during Bitcoin's consolidation phases often precedes market-wide sell-off...

Technical Signals
Bearish
7 hours ago
Bitcoin faces key resistance at $81K-$86K after strong August rally and major short squeeze.

Bitcoin faces key resistance at $81K-$86K after strong August rally and major short squeeze.

Bitcoin's price rally in August is encountering a critical resistance zone between $81,000 and $86,000, identified as a major supply area by analysts. This zone includes breakeven points for long-term holders and options-related selling pressure, mak...

Technical Signals
Bullish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App