Justin Sun, founder of Tron, expressed increased bearishness on Bitcoin, citing advances in AI and quantum computing that could break Bitcoin's cryptography faster than expected. He doubts Bitcoin's network can upgrade quickly enough to address these risks, warning ETF holders are not accounting for this threat. In contrast, Arthur Hayes, Bitmex co-founder, argues that proper wallet hygiene and updated cryptographic signatures already mitigate quantum risks, advising holders not to sell Bitcoin over these concerns. The debate highlights differing views on Bitcoin's ability to respond swiftly to emerging technological threats, with significant implications for investor confidence and network security.
Bitcoin trades at Rp1.468.155.806 on Pluang as of Oct 20, 2026 16:41 WIB, down 1.51% over the past day. This price movement occurs while the platform shows a 56% sell order activity for Bitcoin, reflecting cautious sentiment among users. The ongoing debate between Justin Sun and Arthur Hayes about Bitcoin's resilience to quantum computing risks adds a layer of uncertainty to investor confidence at this time.
The DePIN sector declined by 1.09% over 24 hours, led by a 2.58% drop in Filecoin (FIL), reflecting losses across several token groups including PayFi, Layer1, and DeFi. Notably, Bedrock Token (BR) surged 47.68% despite the overall DeFi decline. Majo...
Bitcoin fell nearly 1% but remained above $81,000, while Ether dropped just over 1% trading below $2,400. Despite these declines, the AI token sector rose 0.83%, with notable gains in Quack AI (+15.51%) and Worldcoin (+9.27%). Other sectors showed mi...
Quant's price has fallen from nearly $300 to around $195, facing strong downward pressure and weak buying volume. The key support zone is $191-$195; holding this could allow a test of $200 and potentially $220 resistance. However, declining trade vol...
Ondo (ONDO) crypto bounced 6.6% from its recent low of $0.41 but still declined 10% over the past week, underperforming Bitcoin's 2.1% drop. The broader altcoin market and Bitcoin ETF outflows contributed to the negative sentiment. Technical analysis...
Bitcoin experienced a $16.18 million liquidation of long positions within one hour ending at 9:16 p.m. ET on October 19, as its price fell by 0.58%, dropping from $81,765 to $81,294. This data, collected from Binance, Bybit, and OKX exchanges, highli...
