Author: driver789
Blockstream CEO Adam Back pushed back on concerns that quantum computing poses an imminent threat to Bitcoin’s cryptographic security, arguing that current progress in the field remains far from the level required to break real-world encryption. Speaking in an interview with Bloomberg, Back noted that much of today’s quantum research is still in its early experimental phase. He pointed to the limited capabilities of existing quantum hardware, which often lacks full error correction and has only demonstrated trivial computations. “The biggest calculation it’s performed is factoring 21 into 7 times 3,” he said, emphasizing that today’s machines remain closer to…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
David Woodcock steps into the role as US senators await answers to questions on the agency’s dropping lawsuits against Justin Sun and several crypto companies.The US Securities and Exchange Commission (SEC) has appointed David Woodcock as director of its division of enforcement as lawmakers press for answers on his predecessor’s departure.In a Wednesday notice, the SEC said Woodcock would be taking over as the agency’s top enforcer starting on May 4. Sam Waldon will continue to serve as acting director of the division until then.Woodcock, a partner at the law firm Gibson, Dunn and Crutcher, chairs that firm’s Securities Enforcement…
Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000.Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins wrote.Trend reversals, he added, are driven more by capital structure and liquidity than by investor sentiment.Saylor now sees limited selling pressure amid growing demand from ETF inflows, which are absorbing daily supply, and companies shifting treasury assets into bitcoin.Bitcoin and Strategy’s next driversAs for the catalyst for the next bull market, Saylor believes it will be…
Aave is under selling pressure. The market is pricing risk. And according to top analyst Darkfost, what is happening to AAVE right now is not a market problem — it is a protocol problem. Related Reading A report from Darkfost has identified a sequence of structural events that explains why Aave’s selling pressure carries more weight than a standard altcoin correction. The protocol has entered what the analyst describes as a negative spiral — a self-reinforcing deterioration that pushed AAVE below the $100 psychological threshold in March and has not yet found a floor that the market trusts. The events…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf, in a statement made on the social media platform X, claimed that some provisions of the 10-point proposal, which forms the basis of the planned negotiations with the US, have been violated. Ghalibaf stated that three of the ten points in the framework, which he described as a “viable basis for negotiation,” had been violated even before talks began, adding that a ceasefire or negotiations were “illogical” under the current circumstances. The Iranian side emphasizes that the 10-point plan includes both the scope of the ceasefire and critical issues such as the lifting of…
Wall Street research firm Bernstein is pushing back on alarm over quantum computing’s threat to Bitcoin, framing the challenge as a scheduled protocol evolution rather than a crisis in waiting. In a note to clients on Wednesday, analysts led by Gautam Chhugani acknowledged that cryptographically relevant quantum computers (CRQCs) pose a genuine challenge to Bitcoin and the broader digital asset ecosystem — but stopped short of treating that challenge as an emergency. The team estimates Bitcoin and other crypto protocols have three to five years to implement post-quantum security measures, a window they describe as sufficient given current technical and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s current price structure is being compared to a phase that once played out in a major stock price, where years of sideways movement and repeated rejections eventually gave way to a powerful breakout above resistance. The comparison, shared by crypto analyst Crypto Tice on X, points out that what looks like long-term stagnation around $2,000 on Ethereum’s chart may be a setup that has appeared before in Netflix’s price history. A Repeating Structure Inside A Range Technical patterns have a way of resurfacing across different markets, which…
Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency.According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union said empty oil tankers will be able to pass through the Strait of Hormuz without incurring charges, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin (BTC).The spokesperson, Hamid Hosseini, reportedly said Iranian authorities would also assess…
South Korea’s ruling Democratic Party proposed a “Digital Asset Basic Act” Wednesday that would establish a legal framework for digital assets, including issuance, trading, custody and supervision.“Digital assets are emerging as a core medium connecting the real economy and financial markets,” the proposal states. It defines value-linked digital assets, including those tied to fiat currencies or real-world assets, as a category requiring issuer authorization, refund reserves and redemption obligations.The new proposal comes amid stalled Digital Asset Basic Act negotiations since early this year when regulators clashed over who should be allowed to issue won-pegged stablecoins. The Bank of Korea insisted…