Bitcoin dropped to $77,189 after US Producer Price Index (PPI) inflation came in stronger than expected at 5.4%, pushing the probability of a Federal Reserve rate hike to 72%. Rising oil prices above $100 per barrel and climbing US Treasury yields added pressure on risk assets. Spot Bitcoin ETFs saw $283 million in outflows for the third day straight, signaling weaker demand. Coinbase CEO Brian Armstrong believes Bitcoin has hit its cyclical bottom amid improving regulatory clarity.
Four AI models estimate Bitcoin's risk of practical cryptographic break between 34% and 76% over 20 years, mainly due to future quantum computers. The analysis focused on Bitcoin's elliptic-curve signature systems and found near-zero risk in the next...
Zcash's price has surged to $979, driven by increased mining profitability and a significant rise in the network's hashrate. This growth indicates stronger network security and miner confidence, which could attract more investors. The trend suggests ...
Several AI models estimate a significant risk that Bitcoin's cryptographic signatures could be broken within the next 20 years, with probabilities ranging from 34% to 76%. The primary threat identified is quantum computing, while classical and AI-ass...
Bitcoin has climbed back above $85,000 amid rising signals from an on-chain seller-exhaustion indicator nearing levels seen at previous market tops. This suggests potential selling pressure from short-term holders as about 53% of invested capital is ...
A newly created wallet withdrew 600,007 Uniswap (UNI) tokens from Binance, valued at about $4.61 million at the time of transfer. This large, single withdrawal from Binance to a new address is notable due to the wallet's recent creation and the signi...
