Author: driver789
This week, Google published a paper describing how a quantum computer could theoretically derive a bitcoin private key in 9 minutes, with ramifications that stretch to Ethereum, other tokens, private banking, and potentially everything in the world.Quantum computing is easy to mistake for a faster version of a regular computer. But it is not a more powerful chip or a bigger server farm. It is a fundamentally different kind of machine, different at the level of the atom itself.A quantum computer starts with a very cold, very small loop of metal where particles begin to behave in ways they do…
A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price. Bitcoin Market Structure Suggests More Volatility Ahead In a 4th of April post on the X platform, KillaXBT revealed the possible trajectories the Bitcoin price could follow over the coming weeks. The crypto trader’s analysis is based on the current technical structure of BTC, citing multiple support and resistance levels visible on…
US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization.“Bitcoin is beneficial to the US system because the largest Bitcoin trading pair is BTC/USD,” or Tether’s USDt (USDT) stablecoin, which is backed by cash deposits and short-term US government debt, Lyman told Cointelegraph. He added:“There is a symbiotic relationship between BTC and the dollar system because BTC is most frequently traded in dollars. So, I do see those things as being mutually reinforcing, which runs contrary…
A striking claim in the cryptocurrency market has been brought to light by on-chain analyst Taylor Monahan. Monahan alleges that IT personnel with ties to North Korea (DPRK) played an active role in the development of many major crypto protocols, dating back to the period known as the “DeFi Summer.” According to the analyst, these individuals were involved not only in small projects but also in leading platforms in the industry. Monahan cited well-known projects such as SushiSwap, THORChain, Harmony, Ankr, Shiba Inu, Yearn Finance, and Floki as examples. Monahan noted that the list he shared represents only a limited…
Bitcoin may no longer move in step with Federal Reserve policy, according to a new report from Binance Research, which points to a structural shift driven by spot exchange-traded funds.For years, crypto markets reacted sharply to interest rate signals, with bitcoin falling when central banks tightened monetary policy.That pattern now appears to be breaking as Binance data shows bitcoin’s correlation with its Global Easing Breadth Index, which tracks 41 central banks, has turned strongly negative since 2024. Spot bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024.Before ETFs, the relationship was mildly positive, with…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Rich Dad Poor Dad author Robert Kiyosaki has argued that the economic shifts set in motion more than five decades ago are now unfolding, advocating for Bitcoin and gold while warning against rising debt, inflation and retirement risks.In a Saturday post on X, Kiyosaki pointed to 1974 as a turning point that reshaped both money and retirement systems. He argued that the United States’ move toward a petrodollar framework, alongside policy changes affecting pensions, laid the foundation for today’s financial pressures.“The future created in 1974 has arrived,” Kiyosaki wrote, linking current inflation and geopolitical tensions around energy to the dollar’s…
Fox News Chief Foreign Correspondent Trey Yingst revealed in a live interview that he had a 15-minute phone conversation with US President Donald Trump. Trump issued a strong warning regarding ongoing nuclear and regional negotiations with Iran. President Trump said the following to Yingst: “If they don’t make a deal, and if they don’t do it quickly, I’m thinking of blowing everything up and seizing the oil.” Related News: What Is the Latest Status of XRP ($1.29 · Live) Spot ETFs? Data Has Been Released, and a Critical Threshold Has Been Crossed Trump also stated that if Iran did not…
Crypto platforms — and investors — have long suffered from hacker attacks and exploits. Now, artificial intelligence (AI) is making that threat even worse.That’s the view of Charles Guillemet, chief technology officer at crypto wallet provider Ledger, who said the economics of cybersecurity are breaking down as AI tools make it faster and cheaper to attack systems.”Finding vulnerabilities and exploiting them becomes really, really easy,” Guillemet told CoinDesk in an interview. “The cost is going down to zero.”His remarks come as crypto heists are in the headlines again. Just this week, Solana-based decentralized finance protocol Drift was exploited, with attackers…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…