Patrick Shyu, a former engineer at Meta and Google, warns that Bitcoin is threatened by two major issues: the decline of miner incentives as new coin rewards diminish and the potential future risk from quantum computing breaking Bitcoin's cryptography. He sold his Bitcoin after a 50% price crash, citing excessive leverage and concerns over Bitcoin's long-term security. Developers are exploring quantum-resistant upgrades, but the next Bitcoin halving in 2028 could intensify miner revenue challenges, potentially weakening network security if fees don't compensate.
Bitcoin's price fell from a high of $79,473 to $75,568 due to short-term selling pressure near the $80,000 psychological barrier, but it maintained support above $75,000. This pullback reflects profit-taking by short-term holders who moved 53,000 BTC...
Shiba Inu (SHIB) has been officially approved as one of only six cryptocurrencies by Japan's Financial Services Agency, marking the end of a four-year freeze on new crypto licenses. This recognition places SHIB alongside major coins like Bitcoin and ...
Bitcoin recently traded near $76,600 after dipping to around $57,717 in July, aligning with veteran trader Peter Brandt's forecast of $58,000–$62,000, though the timing was off. Brandt initially predicted the price would reach this range within two w...
Bitcoin is trading near $77,000 after a strong rebound, with technical charts indicating a potential pause in its rally. Support around $76,000 is crucial to maintain the current bullish setup, while a deeper pullback to the $63,000-$70,000 range cou...
Bitcoin surged over 20% to $79,500, signaling a potential new bull market as analysts note this is a major volatility-adjusted move not seen since 2018. The rally was supported by Ether and Hyperliquid gains, and was influenced by US Treasury's incre...
