Jim Cramer announced he intends to sell all his bitcoin due to concerns that advances in quantum computing, particularly from IBM, could break Bitcoin's cryptographic security within about three years. This follows warnings from IBM's CEO about the potential for quantum machines to challenge modern cryptography soon. Despite Cramer's prediction, experts disagree on the timeline, with many expecting such quantum threats to emerge in the 2030s or later. Bitcoin's price remained stable near $63,764, as traders treated Cramer's call as a contrarian signal rather than a reason to sell immediately. The key risk lies in addresses that have exposed public keys, but significant engineering challenges remain before quantum computers can realistically attack Bitcoin's security.
Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...
Cryptocurrency markets display a range of price changes, with Bitcoin trading around $63,757, up 0.94%. Ethereum and Binance Coin also show slight increases. Noteworthy gains include Zcash (ZEC) rising 4.33% and Cosmos (ATOM) up 7.07%. Some tokens li...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading above $63,700, reflecting a modest gain of about 1%. Ethereum and Binance Coin also show slight increases, while some altcoins like ATOM and ALGO experience more significant gains of ...
In 2026, every major Bitcoin price drop coincided with Japan's interventions to defend the yen, with coordinated efforts between Japan and the US marking significant sell-offs. Analysts warn that if the Clarity Act fails and the yen carry trade unwin...
In late July, Bitcoin ETFs experienced significant outflows totaling $326.7 million, coinciding with Bitcoin's price drop from around $64,000 to $62,556.58. Meanwhile, Ethereum and other altcoin ETFs showed stronger inflows despite similar price decl...
