Author: driver789

Bitcoin’s 46% decline from its October peak near $126,100 to roughly $67,000 has triggered debate over what is driving the pullback. Some market participants have pointed to quantum computing as a looming threat to the network’s cryptographic security. Others argue the explanation lies elsewhere, in shifting capital flows, tightening liquidity and changing miner economics. On a recent episode of the Unchained podcast hosted by Laura Shin, Bitcoin developer Matt Corallo rejected the idea that quantum fears are behind the downturn. If investors were pricing in imminent quantum risk to Bitcoin’s cryptography, he said, Ether would likely be outperforming rather than…

The first cryptocurrency is unprepared for a future where government agencies, using ultra-fast quantum computers, could crack its cryptography. This view was shared by developer Hunter Beest at the ETHDenver conference. “Today, we are completely unprepared for the consequences. It’s a multidimensional problem, and you only realize its true scale when you start to delve into it,” he said.  According to Beest, the main players in the race are not tech giants but “spies”—the NSA and the Chinese military. Quantum computers, costing billions of dollars, are useful not only for stealing bitcoins. They can crack RSA—a widely used encryption standard,…

A US federal judge in Tennessee temporarily blocked the state from enforcing its gambling laws against prediction markets operator Kalshi’s sports event contracts. The ruling, issued by Judge Aleta Trauger of the US District Court for the Middle District of Tennessee on Thursday, allows Kalshi to continue offering sports-related event contracts to users in the state while its lawsuit against Tennessee regulators proceeds.Trauger found that Kalshi is likely to succeed on the merits of its claim that federal commodities law preempts Tennessee’s attempt to regulate its sports markets as illegal gambling. The court concluded that Kalshi’s sports event contracts are “swaps” under…

Sharplink, a leading advocate for Ethereum-focused digital asset treasuries, announced a series of major milestones on Thursday that signify its rapid ascent in the institutional finance space. Summary Sharplink now holds 867,798 ETH (valued at $1.72B), making it one of the largest corporate Ethereum holders in the world. The company stakes nearly 100% of its holdings, having already generated 13,615 ETH in rewards that accrue directly to stockholder value. The appointment of Steven Ehrlich (formerly of Forbes) is designed to amplify Sharplink’s mission as the primary “productive treasury” vehicle for Ethereum exposure. The company revealed that institutional ownership has surged…

XRP held steady near $1.42 as volatility dropped to levels last seen before a major 2024 rally, raising questions about whether the downtrend is exhausting.News BackgroundXRP has declined roughly 61% from its all-time high during the current stretch of market turbulence, but recent price action suggests the selloff may be slowing. Losses have moderated into consolidation, with small gains across shorter timeframes replacing sharp directional moves.Notably, XRP’s historical volatility has fallen to 96, matching levels last seen in June 2024 — a period that marked the bottom of a prior downtrend before a rally into November. The compression has fueled…

Altcoin breadth on Binance has deteriorated sharply, with a large majority of tokens now trading below a widely watched long-term trend level, an exhaustion signal that CryptoQuant contributor Darkfost frames as a liquidity problem as much as a price problem. In a post on X, Darkfost (@Darkfost_Coc) shared a CryptoQuant chart tracking the share of Binance-listed altcoins trading below their 50-week moving average alongside Bitcoin’s price. His headline claim: “LIQUIDITY CRUNCH PUSHES 83% OF ALTCOINS INTO BEAR TREND,” arguing that most investors exposed to non-Bitcoin, non-stablecoin assets are “now in significant difficulty,” particularly those still holding positions. Altcoin Breadth Breaks…

Bitdeer Technologies’ shares slid sharply today after the Singapore-based bitcoin miner and AI data center firm announced plans to raise $300 million through a private sale of convertible senior notes due 2032, a financing move that sparked investor concern over potential dilution. The company said the offering, aimed at institutional buyers, includes an option for initial purchasers to buy an additional $45 million in notes, which would bring the total raise to $345 million if exercised. The notes will be convertible into cash, Class A ordinary shares, or a combination of both at Bitdeer’s discretion. Bitdeer’s stock fell over 18%…

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…

Metaplanet CEO Simon Gerovich has pushed back against accusations from what he called “anonymous accounts” that the company misled investors about its Bitcoin strategy and disclosures.Critics on X argued that Metaplanet delayed or withheld price‑sensitive information about large Bitcoin (BTC) purchases and options trades funded with shareholder capital, obscured losses from its derivatives strategy, and failed to fully disclose key terms of its BTC‑backed borrowings. In a detailed X post on Friday, Gerovich argued that Metaplanet promptly reported all Bitcoin purchases, option strategies, and borrowings, and that critics were misreading its financial statements rather than uncovering misconduct.September buys and disclosuresGerovich said…

Crypto traders are bracing for fresh volatility as the U.S. prepares to release December Personal Consumption Expenditures (PCE) data, the Federal Reserve’s preferred inflation gauge, later today. Summary Forecasters anticipate both headline and core PCE rising 0.37% in December (4.5% annualized), pushing core to 3.0% year-over-year — the highest since February 2025 — and headline to 2.9%, the highest since March 2024. BTC is trading around $67,852, up 1.27% on the day, with RSI at 36.86, recovering from oversold levels but still showing muted momentum as traders await macro direction. The BTC/ETH ratio stands at 34.5806, reflecting continued Bitcoin dominance…