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Bitcoin

Bitcoin ETF inflows hit highest level since February

Bitcoin ETF inflows hit highest level since February

2 months ago by Crypto InsightsCrypto

Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month. Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily… Read More

Bitcoin (BTC) price rallies on Iran ceasefire talks, Algorand (ALGO) extends gains: Crypto Markets Today

Bitcoin (BTC) price rallies on Iran ceasefire talks, Algorand (ALGO) extends gains: Crypto Markets Today

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$69,787.83 climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts. Crypto prices rose, along with equity index futures and equities, as Axios reported that… Read More

Why the mind-bending physics of quantum computing is terrifying for bitcoin and crypto

Why the mind-bending physics of quantum computing is terrifying for bitcoin and crypto

2 months ago by Crypto InsightsCrypto

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… Read More

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$67,267.65 tends to outperform traditional safe haven assets like gold in the two months following major global crises, according to new analysis from Brazilian crypto exchange Mercado Bitcoin. The study, led by Rony Szuster, head of research at the Latin American crypto platform, examined… Read More

UK’s shortest-serving Chancellor makes bold bitcoin bet

UK’s shortest-serving Chancellor makes bold bitcoin bet

2 months ago by Crypto InsightsCrypto

Kwasi Kwarteng, the UK’s former Chancellor of the Exchequer who served just weeks in September 2022, is re-emerging with a new focus on bitcoin, monetary history, and long-term economic thinking. Reflecting on the infamous mini-budget in an interview with CoinDesk, he was candid about the… Read More

What does ‘cracking’ bitcoin in 9 minutes by quantum computers actually mean

What does ‘cracking’ bitcoin in 9 minutes by quantum computers actually mean

2 months ago by Crypto InsightsCrypto

Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets. But, what does it actually mean in practice? Let’s… Read More

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