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Binance's CZ proposes freezing Satoshi's 1.1M bitcoins amid quantum computing risks, sparking debate.

Market News
04 Jul 2026
Coindesk
View Source
Neutral
Binance's CZ proposes freezing Satoshi's 1.1M bitcoins amid quantum computing risks, sparking debate.

Binance founder Changpeng Zhao suggested freezing the estimated 1.1 million bitcoins owned by Bitcoin's creator Satoshi Nakamoto if quantum computers threaten Bitcoin's cryptography and the coins remain unmoved. This proposal aims to prevent potential theft but has divided experts. Critics argue it violates Bitcoin's permissionless nature and doubt consensus could be reached, while others focus on preparing Bitcoin for a post-quantum future through cryptographic upgrades or legal trusts. The debate remains theoretical as practical quantum-resistant solutions are still in development.

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Bitcoin trades near $78,200, stuck below $80K resistance as US ETFs see $723.5M inflows in September

Bitcoin trades near $78,200, stuck below $80K resistance as US ETFs see $723.5M inflows in September

Bitcoin is trading near $78,200, unable to break the $80,000 to $82,000 resistance zone despite strong short-term support. Over 71% of Bitcoin’s circulating supply is in unrealized profit, close to historical averages, indicating potential selling pr...

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4 hours ago
Trump's $5,000 dividend proposal could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

Trump's $5,000 dividend proposal could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

U.S. President Donald Trump proposed a $5,000 dividend for every adult American if Republicans control both the House and Senate after the midterm elections. This plan, aimed at rewarding Americans for economic performance, could inject about $1.2 tr...

Market News
Bullish
5 hours ago
Bitcoin dominance rises to 58.6% as crypto market cap drops 4.3% amid altcoin sell-off.

Bitcoin dominance rises to 58.6% as crypto market cap drops 4.3% amid altcoin sell-off.

Bitcoin dominance has increased to 58.6% while the total cryptocurrency market capitalization fell by 4.3% to $2.67 trillion. This shift indicates investors are moving capital back into Bitcoin, seen as a safer asset, while altcoins face heavier sell...

Market News
Bearish
6 hours ago
Trump's $5,000 dividend promise could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

Trump's $5,000 dividend promise could boost Bitcoin, Ethereum, and XRP if Republicans win midterms.

US President Donald Trump promised a $5,000 dividend to every adult American if Republicans win both the House and Senate in the upcoming midterm elections. This stimulus could trigger a rally in cryptocurrencies like Bitcoin, Ethereum, and XRP, simi...

Market News
Bullish
7 hours ago
Cryptocurrency prices mostly decline with notable drops in BNB, LINK, and DOT.

Cryptocurrency prices mostly decline with notable drops in BNB, LINK, and DOT.

Most major cryptocurrencies saw price declines, including Bitcoin down 0.46% to $78,109 and Ethereum down 0.97% to $2,459. Significant drops occurred in Binance Coin (BNB) by 4.18%, Chainlink (LINK) by 6%, and Polkadot (DOT) by 10.51%. Some coins lik...

Market News
Bearish
15 hours ago
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