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Quantum Computing Threatens Bitcoin: A Decade-Long Worry and the Future of Cryptocurrency
Quantum Computing Threatens Bitcoin: A Decade-Long Worry and the Future of CryptocurrencyDonald Trump's promise to establish a Bitcoin strategic reserve for the US government once sparked considerable attention. However, the rapid advancement of quantum computing casts a long shadow over this proposal, and indeed, the entire cryptocurrency market...
Blockchain 2024-12-23 19:21:36 -
Bitcoin suffers its biggest weekly drop since Trump's election win as Fed's hawkish pivot hits the market: $90,000 level teeters
Bitcoin suffers its biggest weekly drop since Trump's election win as Fed's hawkish pivot hits the market: $90,000 level teetersBitcoin experienced its first weekly decline since Donald Trump's presidential victory, plummeting over 7%its largest weekly drop since September of last year. At press time, Bitcoin was trading at $95,199...
Blockchain 2024-12-23 16:13:02 -
The Quantum Threat to Bitcoin: An Imminent Crisis?
The Quantum Threat to Bitcoin: An Imminent Crisis?Researchers point out that while a quantum computer capable of cracking Bitcoin may be a decade or more away, advances in quantum computing pose a serious long-term threat to Bitcoin's existence. This risk persists unless the Bitcoin developer community rapidly implements time-consuming technical upgrades, potentially resulting in catastrophic consequences for global financial markets...
Blockchain 2024-12-23 15:24:46 -
The MSTR Mania: High-Risk Investment Fueled by Bitcoin Faith and Social Media Frenzy
The MSTR Mania: High-Risk Investment Fueled by Bitcoin Faith and Social Media FrenzyMicroStrategy (MSTR)'s recent meteoric rise, with a market capitalization nearing $89 billionmore than double the value of its Bitcoin holdingshas captivated the market. The stock's over 400% year-to-date surge reflects not only sustained enthusiasm for Bitcoin but also a near-fanatical "MSTR faith" cultivated on social media...
Blockchain 2024-12-23 14:57:58 -
Is the Trump Trade Cooling Off? Bitcoin Suffers First Weekly Decline Post-Election as Market Sentiment Turns Cautious
Is the Trump Trade Cooling Off? Bitcoin Suffers First Weekly Decline Post-Election as Market Sentiment Turns CautiousSince Donald Trump's victory in the US presidential election, Bitcoin had been on an upward trajectory. However, this bullish momentum appears to have abruptly stalled...
Blockchain 2024-12-23 08:39:45 -
Bitcoin plunged below $95,000, experiencing an intraday drop exceeding 2%!
Bitcoin plunged below $95,000, experiencing an intraday drop exceeding 2%!On December 23rd, the price of Bitcoin briefly fell below $95,000, marking a 2.38% intraday decline...
Blockchain 2024-12-23 05:30:45 -
UnionPay Applies for Carbon Account Data Management System Patent: Blockchain Technology Ensures Carbon Emission Data Security
UnionPay Applies for Carbon Account Data Management System Patent: Blockchain Technology Ensures Carbon Emission Data SecurityOn December 21, 2024, the State Intellectual Property Office of China revealed that China UnionPay Co., Ltd...
Blockchain 2024-12-21 18:08:58 -
Mango Digital Technology Applies for Patent on "Accounting Method for Revenue Sharing," Enhancing Credibility and Transparency
Mango Digital Technology Applies for Patent on "Accounting Method for Revenue Sharing," Enhancing Credibility and TransparencyOn December 21, 2024, the State Intellectual Property Office of China revealed that Hunan Mango Digital Art Technology Co., Ltd...
Blockchain 2024-12-21 18:00:37 -
El Salvador Defies IMF Warnings, Accelerates Bitcoin Purchases: A Balancing Act Between Financial Risk and Political Strategy
El Salvador Defies IMF Warnings, Accelerates Bitcoin Purchases: A Balancing Act Between Financial Risk and Political StrategyEl Salvador's steadfast commitment to its Bitcoin policy, as the world's first country to adopt it as legal tender, remains a focal point of international attention. Despite repeated warnings from the International Monetary Fund (IMF) to limit its Bitcoin exposure and the inherent financial risks involved, the Salvadoran government, following a $1...
Blockchain 2024-12-21 17:39:21 -
Bitcoin surges, nearing the $100,000 mark!
Bitcoin surges, nearing the $100,000 mark!Bitcoin's price saw a strong surge today, reaching a high of $99,000 per coin, a 1.22% intraday gain...
Blockchain 2024-12-21 15:56:45 -
Craig Wright, self-proclaimed Bitcoin creator, receives suspended sentence for contempt of court
Craig Wright, self-proclaimed Bitcoin creator, receives suspended sentence for contempt of courtAustralian computer scientist Craig Wright has been given a suspended sentence by the London High Court for persistently claiming to be the creator of Bitcoin and violating court orders. The 54-year-old was found guilty of five counts of contempt of court, receiving a 12-month prison sentence suspended for two years, and ordered to pay 145,000 in legal costs...
Blockchain 2024-12-21 10:48:31 -
Cryptocurrency Market Plunges: Bitcoin Falls Below $92,000, Ethereum Drops Over 15%
Cryptocurrency Market Plunges: Bitcoin Falls Below $92,000, Ethereum Drops Over 15%NEW YORK, Dec. 20 (Xinhua) -- A surge in risk aversion in international financial markets led to a sharp decline in major cryptocurrency prices on December 20th...
Blockchain 2024-12-20 23:37:52
