The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventory and coordination, as current major blockchains like Bitcoin, Ethereum, and Solana are still in early research and testing phases for quantum resistance, not yet fully migrated. The G7 emphasizes preparation now to allow for the complex, multi-year process of upgrading cryptographic systems embedded throughout blockchain infrastructure. This proactive approach aims to prevent vulnerabilities once quantum computing advances sufficiently to threaten existing cryptographic algorithms.
Social sentiment data shows Ethereum (ETH) is experiencing strong bullish momentum with a 2.05 bullish-to-bearish comment ratio, signaling FOMO among traders due to its rebound and network optimism. In contrast, Bitcoin (BTC) and Ripple's XRP face gr...
Bitcoin fell below $82,000 following the release of the US Consumer Price Index report, which showed inflation rising 0.6% in September and 3.7% annually. Core inflation, excluding food and energy, also increased, signaling persistent inflationary pr...
The crypto market dropped 4.5% to a total capitalization of $2.76 trillion after US September inflation data came in above expectations, raising concerns about higher interest rates. Unlike earlier sell-offs driven by leveraged futures liquidations, ...
Bitcoin experienced a significant $811 million liquidation wave, yet open interest remains high at $140.9 billion, indicating substantial leveraged exposure. Analysts warn that persistent core inflation and upcoming U.S. Consumer Price Index (CPI) da...
Bitcoin recently corrected from around $86,000 to $80,000, hitting a key technical support near the 50-day EMA. This correction was anticipated and used by the analyst to close short positions and increase Bitcoin holdings. The outlook remains bullis...
