Jim Cramer announced he sold all his Bitcoin holdings due to concerns that quantum computing could break Bitcoin's cryptography within 3-4 years, based on a conversation with IBM's CEO. Despite this bearish move, Bitcoin's price rose over 15% from $64,000 to above $74,000 in three weeks, showing market confidence. Experts remain divided on the quantum threat timeline, with most expecting 20-40 years before such risks materialize. The market's reaction suggests traders are not panicking over the quantum computing threat yet.
Crypto exchange Bitget has frozen about $1.1 million of the nearly $388 million stolen in a recent cyberattack, CEO Gracy Chen said. The company replenished its Protection Fund to over $300 million using its own reserves to cover losses, ensuring use...
Bitcoin opened October trading near $85,000, with forecasts from Bitget Wallet suggesting a price range between $78,000 and $95,000. Key support is identified at $82,000, and a bullish trigger at $87,500 could push Bitcoin toward $95,000. Important U...
Zcash (ZEC) saw a sharp increase of 3.98% within an hour, rising from $1,341 to $1,394 on October 2. This price movement coincided with $1.72 million in short liquidations across Binance, Bybit, and OKX exchanges, signaling strong market activity. De...
XRP's price is consolidating near $1.54, caught between rising buyer support and seller resistance. A decisive break above $1.54 could lead to a recovery toward $1.70 or higher. Institutional demand from Evernorth, planning to list XRP on Nasdaq with...
The IMF approved an immediate disbursement of about $138 million to El Salvador after waiving breaches related to Bitcoin accumulation in its $1.4 billion lending program. The IMF accepted El Salvador's documentation showing recent Bitcoin additions ...
