Galaxy Digital has launched the Bitcoin Quantum Readiness Initiative, pledging up to $5 million in grants to improve Bitcoin's defenses against future quantum computing risks. The program focuses on developing quantum-resistant signature schemes, wallet migration tools, and conducting security audits. A Quantum Advisory Council with experts from MIT and Boston University will guide the research and grant evaluations. This move reflects growing institutional concern about Bitcoin's long-term security and may positively influence market confidence in Bitcoin's resilience.
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
ETHFI surged 7.8% in 24 hours to $0.7345, leading crypto gainers despite a 2.1% drop in the total market cap. Bitcoin remains dominant at 58.2% with a price around $77,277. The rise in ETHFI reflects growing investor interest in restaking tokens and ...
Zcash mining currently generates about $708 per megawatt-hour (MWh) of electricity, nearly four times the $179 per MWh earned by Bitcoin mining with comparable equipment. This higher gross revenue is driving new miners and institutional players to Zc...
