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Bitcoin

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

1 month 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

1 month 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

1 month 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

1 month 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

Bitcoin Supply in Profit and Loss Closer to 2022 Bear Market Levels

Bitcoin Supply in Profit and Loss Closer to 2022 Bear Market Levels

1 month ago by Crypto InsightsCrypto

The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst. There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit… Read More

Bitcoin heads into holiday weekend exposed as ETF and CME flows go offline

Bitcoin heads into holiday weekend exposed as ETF and CME flows go offline

1 month ago by Crypto InsightsCrypto

Bitcoin is trading choppily around $66,600, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action. With CME futures and ETF flows set to pause over Good Friday, the market is heading into a liquidity gap just as its… Read More

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